Category: Business

Business Culture

Social Commerce / Photo Sharing Network Lockerz Launching Ador, A New Fashion Site

By admin | by admin

As reported on TechCrunch. by INGRID LUNDEN Looks like Lockerz, the social commerce and photo sharing service, may be moving on to yet another chapter in its life. After laying off 30% of its Seattle HQ staff,closing down its San Diego office, andshutting down its Plixi photo sharing APIearlier this year, the company is now launching a new fashion site, Ador. A tipster tells us that Lockerz is shutting down altogether and relaunching, but as of right now, the…

Continue reading

Business Cloud

Kloudless Launches Service That Uses Connectors To Move Files Between Different Cloud Services

By admin | by admin

As reported on TechCrunch. by ALEX WILLIAMS Kloudless launched at Disrupt NY 2013 today with its service for moving data from email to different cloud platforms through connectors which act like pipes that flow between the different services. The service offers a plugin that the user installs in Outlook or as an extension through their web browser to use in Gmail or other apps, said CEO Eliot Sun. Kloudless does not store any data, nor files, the service…

Continue reading

Business Retail Sales

Best Buy will sell its half of European arm to Carphone Warehouse for $775 million

By admin | by admin

As reported on Engadget. By Richard Lawler As Best Buy attempts a return to financial well-being, it’s decided to sell the 50 percent share it still owns in Best Buy Europe to fellow joint venture partner Carphone Warehouse. The price is set at about 500 million GBP ($775 million, mostly in cash) and is expected to close by June. Best Buy paid $2.15 billion for its share of the business back in 2008 and the first branded store opened…

Continue reading

Business IT

Soluto Brings Web-Based PC Management To Small Business, Ranks The Best Windows Laptops For SMBs (It’s A Mac)

By admin | by admin

As reported on TechCrunch. by RIP EMPSON Over the last few years, Israeli IT startupSoluto has morphed from simply being PC software that helps users run diagnostics on their hard drives, to a web-based platform that aims to turn you into a one-person Help Desk. In other words, Soluto now allows anyone to offer remote tech support and run diagnostics, whether that be for your mom’s computer or dozens of customers. From the beginning, Soluto has been…

Continue reading

Business Verizon

Verizon Reportedly Preparing $100B Bid For Vodafone’s Verizon Wireless Stake

By admin | by admin

As reported on TechCrunch. by CATHERINE SHU Verizon Communications is preparing a $100 billion cash and stock bid to take full control of Verizon Wireless from Vodafone Group,reports Reuters. Verizon’s board is expected to discuss the potential buyout next week ahead of its annual shareholder meeting. Verizon Communications and UK-based Vodafone formed Verizon Wireless as a joint venture in 1999. Though Verizon has not yet made an official proposal to Vodafone, it has hired banking and…

Continue reading

Business Microsoft Tablet

Strategy Analytics: Microsoft’s share of tablet market quadrupled after Windows 8

By admin | by admin

As reported on Engadget. By Sharif Sakr Say what you like about Windows 8, but before it arrived Microsoft’s presence in the tablet sphere was as small as it was stagnant. By the reckoning of number-crunchers at Strategy Analytics, just 400,000 Windows-running slates were shipped globally in Q3 of last year — a figure that was largely unchanged from the year before and which represented just 1.6 percent of the global tablet market. Six months later, now that…

Continue reading

Business Tech

TechShop: an industrial revolution for $125 a month

By admin | by admin

As reported on Engadget. By Brian Heater Someone, Mark Hatch, if I had to guess, has left a Square reader just to the left of where we’ve set up our cameras. It’s on a table next to a small, but exceptionally diverse array of gadgets. There’s a wooden book that unfolds into a desk lamp and a polymer incubation blanket for infants that’s “on track to save 100,000 children’s lives,” according to Hatch, TechShop’s spikey-white-haired CEO. But it’s the little…

Continue reading

Business

Legal pot growers struggle to reap profits

By admin | by admin

As reported on The Verge. By Jeff Blagdon The recent recreational marijuana legalization in Colorado and Washington illustrates just how mainstream cannabis consumption has become, but despite an unprecedented demand, industrial grow operations are having a hard time turning a profit. The Wall Street Journal reports on the billion-dollar industry of legal pot production, finding that the labor-intensive nature of the business, coupled with a lack of access to investment capital, are making it tough for growers. And of…

Continue reading

Apple Business

Tim Cook teases ‘exciting new product category’ and ‘more surprises’ from Apple in the fall

By admin | by admin

As reported on The Verge. By T.C. Sottek During Apple’s Q2 investor call, CEO Tim Cook teased “the potential of exciting new product categories,” and suggested that the company will announce new products in the fall. “We’ve got a lot more surprises in the works,” Cook said. “Our teams are hard at work on some amazing new hardware, software, and services that we can’t wait to introduce in the fall and into 2014. We continue to…

Continue reading

Apple Business

With Earnings Around The Corner, Apple’s Growth Prospects Are Gloomy

By admin | by admin

As reported on TechCrunch. by ROMAIN DILLET Conventional wisdom has it that Apple has reached its peak and can only disappoint from now on. Yet, many financial facts don’t make sense. The market is too harsh with Apple compared to its competitors. But when it comes to products, there is an unsettling detail: there was no product release during fiscal Q2 2013. While Apple is certainly not doomed, its future looks gloomy. That’s why today’s earnings…

Continue reading