Business
Rovio’s Big Year: Angry Birds Helps Gaming Company Soar To $106M In Sales, 648M Downloads
We all know what a wild success the Angry Birds franchise has been for Rovio , with the best-selling mobile games spawning cookbooks, toys and much more besides. Today the company revealed just what kind of an impact that has had on its bottom line for its really Big Year . The company today issued a statement that noted ...
Rovio’s Big Year: Angry Birds Helps Gaming Company Soar To $106M In Sales, 648M Downloads
We all know what a wild success the Angry Birds franchise has been for Rovio , with the best-selling mobile games spawning cookbooks, toys and much more besides. Today the company revealed just what kind of an impact that has had on its bottom line for its really Big Year . The company today issued a statement that noted ...
Google Play About To Pass 15 Billion App Downloads? Pssht! It Did That Weeks Ago
Way to blow your own horn, Google. Yesterday a newspaper in the UK, the Independent, ran a short item about how Google was about to reach an app milestone — 15 billion apps downloaded. So we reached out to Google to ask about this… and guess what? It already happened. ...
Switched On: Competing by hook or by Nook
Each week Ross Rubin contributes Switched On , a column about consumer technology. Microsoft has a long history of supporting bitter rivals -- even those that have long publicly disparaged the company, offering funds to Nokia, Corel and, most famously, Apple. It also has a long history of supporting e-reading . Prior to ending development last year, the company ...
Pair vs. Pair: Pair The App Is Getting Sued By Pair Networks, The Hosting Company
It was less than a week ago that Tenthbit, the developers of the buzzy, new social-networking-app-for-couples (or other partners) Pair , picked up a $4.2 million seed round, money the founders said would be used to expand its mobile development and design teams. Now it looks like some of those funds might also need to go to legal bills. ...
Sprint CEO takes pay cut as investors voice concern about cost of iPhone deal
Sprint Nextel's $15.5 billion gamble on Apple's iPhone will apparently lighten CEO Dan Hesse's proverbial wallet by $3.25 million this year. That's how much compensation Hesse agreed to give back to help placate investors unhappy about the high cost of the company's iPhone deal. Securing the iPhone has already paid dividends for Sprint in terms of sales. The company ...
AT&T CEO voices regret over iPhone unlimited data model
It's always refreshing to hear the head of a major corporation cop to past mistakes -- particularly in front of a large crowd of on-lookers. AT&T CEO Randall Stephenson admitted some misgivings about the way the carrier handled iPhone data, telling a crowd at the Milken Institute's Global Conference in Los Angeles, "My only regret was how we introduced ...
Visualized: Apple and Samsung occupy the 99 percent… of phone profits
Financial maven and maker of beautiful graphs Horace Deidu has found that between the top eight mobile phone vendors, Apple and Samsung share 99 percent of the total spoils. Of RIM , LG, Sony (Ericsson) , Motorola , Nokia and HTC , only the latter made a profit -- claiming that left over one percent. The remaining six all ...
Android Lost Money Every Quarter In 2010, Made $97.7M In Q1
Google has always been pretty cagey about the financials behind its Android mobile OS — and data that has emerged over the last week could give us an indication why: it’s been losing money from Day One. In the lawsuit between Oracle and Google — in which Oracle claims Google, in its Android platform, infringes on copyrights and patents ...
Hootsuite Is Raising $50M At A $500M Valuation
It was just over a month ago that social media management platform HootSuite picked up $20 million in a secondary investment round that valued the company at $200 million. Now we have heard from multiple sources that the company is looking to better than double that: HootSuite is in the process of raising a $50 million round at a ...
