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AT&T takes top spot in mobile customer service

, Feb 2nd 2012 Discuss [0]

AT&T has managed to beat out all its rivals in the latest mobile phone customer service survey conducted by Vocalabs, despite being ranked worst by Consumer Reports. According to data collected from the firm's survey, which involved telephone interviews immediately following a customer service call during the last three-month period in 2011, AT&T had the highest percentage of customer satisfaction among the four major US wireless carriers. Read The Full Story

Facebook IPO’s biggest winner may be artist David Choe

, Feb 2nd 2012 Discuss [0]

Back when Facebook was limited to its first couple of campuses here in the USA, artist David Choe was commissioned to paint their interiors in exchange for stock options instead of cash. As you can imagine, this was the correct choice made by the artist to choose the stocks and wait this long to cash them in, because instead of the “thousands” of dollars he would have gotten back in 2005 and 2007, he now has right around $200 million USD in stock value. That’s some major cash for a fellow who, though he certainly isn’t doing bad on his own, will be blowing this cash on some fabulous swag in the near future.

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Facebook IPO launched officially

, Feb 1st 2012 Discuss [0]

The social network known as Facebook has officially signed its Initial Public Offering, authorized by Ernst & Young LLP as having shares of its common stock available to the world today. Facebook seeks to raise $5 billion USD, just about half of what analysts were expecting on the whole. In the filing, its apparent that Facebook’s current cash, cash equivalents, and marketable securities totals in at $3,908,000,000 – that’s a lot of bank. Similar numbers can be seen in working capital at $3,705,000,000 and total stockholders’ equity at 4,899,000,000 – that being over 5 billion USD in pro form. Total assets, the biggest of the sets, sits at over 6 billion USD.

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Facebook IPO timing and filing with Morgan Stanley named

, Feb 1st 2012 Discuss [0]

The market is preparing itself for one of the largest IPO openings in recent memory with the launch of Facebook, the group today being said to be choosing Morgan Stanley to take the lead at the start. This Initial Public Offering is said to be setting Facebook up for 10 billion in raised funds. Four sources with knowledge of the matter speaking anonymously with Bloomberg have let them know that Facebook is likely to choose FB as their stock symbol with an opening after the close of U.S. markets today. Read The Full Story

Acer on the attack with $699 Ultrabooks in 2012

, Jan 31st 2012 Discuss [0]

Acer plans to go on the attack in 2012 with a strong push in four major product categories, whereas its strategy last year was mainly to defend its position in the market. The company's Chairman JT Wang announced the strategy shift during the company's Lunar New Year ceremony, revealing that it would aggressively introduce new ultrabooks, notebooks, tablets, and smartphones. Read The Full Story

AT&T juggles execs

, Jan 31st 2012 Discuss [0]

Today the folks at AT&T are doing a little flipping around of heads with several faces now reporting directly to the AT&T Chairman and CEO Randall Stephenson including John Stankey, Ralph de la Vega, Andy Geisse, and John Donovan. Each of these professionals will be getting a brand new world, with Stephenson expressing his enthusiasm for continued delivery for customers, owners, and communities through executives "focused on the biggest growth opportunities." Read The Full Story

Apple engineers put on false products until trust is gained

, Jan 30th 2012 Discuss [0]

When you're running a company so gigantic and so very profitable that even the smallest leak of information on your upcoming product line could cost you masses of cash, you've got to take Apple-level precautions. That's what its come to- when you speak about security of product names, details, and the whole lot, you compare a company to Apple, the mack-daddy of all secured product releasers. This week its become apparent that their level of secrecy runs so deep that engineers new to the company are put on projects that will not amount to anything for their first nine or so months of employment. Read The Full Story

Sony Ericsson buyout approved by EU

, Jan 27th 2012 Discuss [0]

This week the EU's list of mergers and takeovers includes no less than an approval for Japan's Sony to acquire sole control of the mobile phone company called Sony Ericsson. This company had thus far been co-owned by both Sony and Ericsson, and has been approved on the 26th of January to be owned only be Sony. This comes just one week after the company Sony Ericsson posted a $318 million USD loss in their 4th quarter earnings report. Read The Full Story

Facebook IPO filing as soon as next week

, Jan 27th 2012 Discuss [0]

According to the Wall Street Journal, Facebook could file its initial public offering as early as next week. The social network is currently being valued between $75 billion to $100 billion with Morgan Stanley close to winning the lead against rival Goldman Sachs as underwriter for the IPO. Read The Full Story

Apple reports record Q1 2012 earnings, 37 million iPhones sold

, Jan 24th 2012 Discuss [0]

Apple’s fiscal Q1 2012 earnings report has been released, revealing an amazing record breaking quarter, which includes both the iPhone 4S launch and the holiday shopping season. Revenue spiked to $46.3 billion from $23.8 billion in the previous quarter with a record profit of $13.06 bilion, which is more than double the $6 billion in profit from the same quarter last year.

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AT&T and T-Mobile seek FCC approval for $1 billion spectrum transfer

, Jan 23rd 2012 Discuss [0]

According to the Wall Street Journal, AT&T and T-Mobile have filed a request with the FCC, seeking approval for the transfer of $1 billion worth of AWS spectrum. The spectrum is owed to T-Mobile as part of AT&T's failed $39 billion merger deal. Read The Full Story

Epson launches iProjection iOS app for wireless projection

, Jan 23rd 2012 Discuss [4]

Epson has unleashed an iOS app that will allow you to wirelessly project content from your iPad, iPhone, or iPod touch. The app is called iProjection and works with any Espon wireless projector, making it easy for the traveling professionals and educators to present without the bulk of a laptop and cables. Read The Full Story

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