With record revenue, profits, and products sold, Apple today posted the holiday quarter results to beat all holiday quarters, at least until next year. Total revenue topped $26 billion, besting the closest quarter on record by more than $10 billion. Read More »
NYT Company News
Bandwidth.com and Verizon Communications today signed an agreement that could make it easier from companies such as Skype and Twilio to build out cool VoIP applications and service as well as set precedent ahead of any regulatory policy on how phone companies charge for VoIP calls. Read More »
After dumping its mobile phone group in 2008, Lenovo bought it back for double in 2009. Now the company has formed a new Mobile Internet and Digital Home Business Group, just as computer sales are eclipsed by smartphones. Is it too late for Lenovo? Read More »
While the iPhone has received a couple Microsoft apps like Bing and Windows Live Messenger, Microsoft Office programs have been no shows — until now. Microsoft announced today it is releasing an iPhone version of OneNote, it’s note-syncing app for the iPhone. Read More »
The entertainment world just got a little bit more conglomerated: The FCC has settled on the conditions needed for it to approve the long-debated joint venture between NBC Universal and Comcast today. Those conditions signal that the FCC fully recognizes the importance of online video.… Read More »
The first non-Rackspace OpenStack-based cloud-storage service is in beta, but it’s just the first in what should be many products based on the open source cloud project. Internap’s XIPCloud Storage platform provides a self-service, web-based offering to complement the hosting providers existing dedicated storage offerings.… Read More »
While competitors have introduced smaller and cheaper mobile data plans, Sprint is increasing the price of its data plans for smartphones by $10 a month, applying a “premium data” add-on charge to all smartphones, not just devices that run on Sprint’s 4G network. Read More »
Electric vehicle drive train system maker KLD Energy is looking to raise $10 million in debt and securities, and has closed on a little over $2 million of that round. The startup has planned to build its business via electric scooters in Asia. Read More »
EMC launched a slew of new products and a new product line that it hopes will keep it relevant in a changing IT world where cloud computing and products with a more consumer feel are changing the dynamic at both ends of the spectrum. Read More »
Just three days after introducing a new feature that allows users to share their mobile phone number and address with applications and third-party websites, Facebook said late last night that it is suspending the change as it works to clarify the permission process. Read More »
Intematix, an eleven-year-old VC-backed LED materials company, has an announced a new product called ChromaLit, which uses a new design for a phosphor light source for LED makers. The company says it will revolutionize the way LEDs are made. Read More »
Tilera, a chip design firm that’s building a 100-core processor for hugely parallel compute problems, has raised $45 million in funding from investors that include Artis Capital Management, WestSummit Capital Management and Comerica Bank. The company has raised a total of $109 million. Read More »