Lenovo might make some pretty good PCs, but they’re not that good when it comes to business. As you might already know, they recently bought back their mobile phone making unit for twice the price they sold it for in 2008. The lucky folks getting the cash are the Hony Group, making a million dollars a week for the last two years. Lenovo sold...
Lenovo is a pretty important computer manufacturer, specially if you’re familiar with the Ideapad and Thinkpad brands, but they’ve recently gotten into the mobile game, via the Android Phone available in China. Said handset is the OPhone, sold by China Mobile and making the company the number 3 smartphone brand in China. However, in case...
Palm stocks closed 14% higher on Monday, after the company’s sales were confirmed as high, during an earnings call, but still profits are pretty low for the maker of the Pre model. Financial Times claims that the stock value rise could be in fact based on the fact that Nokia is seeking a Palm buyout, but this is just a mere rumour for now. Financial...
Although banking has moved to the Internet and mobile platforms, checks are still very much in use, but now even these pieces of paper are ready to enter the iPhone age. USAA, a privately held bank and insurance company has just announced an iPhone app that will allow the users to take pictures of their checks with the handset’s camera. The iPhone...
Rumours are floating around, claiming that Orange might be trying to attempt a T-Mobile UK buyout. This takeover theory surfaced in the moment when Orange started a series of talks with Deutsche Telekom over their UK network. Orange didn’t confirm this info just yet, at least not officially and their representatives claim that the company is...
Word’s out that Sony might be trying to purchase Ericsson’s share of the Sony Ericsson joint venture (50%), as the Swedish company wants to put an end to the partnership. The only trouble is that because of the economic depression, Sony will find it difficult to get the cash they need for such a purchase. We don’t have any info...
BlackBerry’s creator, Research in Motion announced that they have started the procedures needed to acquire Chalk Media. The company developed the famous Mobile Chalkboard app and is a member of the BlackBerry ISV Alliance Program. Usually, this brand’s products get used by corporate government organizations, so RIM will be taking business...
Vodafone announced its intention to buy Wayfinder, a Swedish company that makes GPS mobile solutions that run on Symbian, UIQ, Windows Mobile and other operating systems. The red and white carrier is willing to pay $29.3 million for the company’s shares, with the blessing of its board and shareholders. What does this mean for Vodafone users?...
Nokia claimed yesterday that it plans to close the acquisition of Symbian till the end of this year. We remind you that this is a $339.9 million transaction we’re dealing with, announced in June, when the Finnish giant said it plans on buying the shareholders of Symbian. They intend to make the software of the British company available royalty-free,...
Well, it seems that Verizon became the number 1 wireless carrier in the US only theoretically, by acquiring Alltel, as AT&T decided to fight back by picking up Centennial Communications for $944 million. What does this mean for average AT&T users? Better coverage in rural areas of the Midwest and Southeast US, plus Puerto Rico and US Virgin...
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