The Wall Street Journal is reporting that Olympus is set to cease production and stop selling their entry level model point & shoot cameras.
Olympus will cease production on their “V” Series cameras due to declining demand and lower than anticipated profits. Olympus’ compact camera division posted a loss for …
The international Data Corporation (IDC) have announced that for the first time ever, the sales of tablets are set to outsell desktop computers. After selling a record 128 million units worldwide in 2012, people are now turning to the handheld devices with a sales increase of 80 per cent in …
The Chinese media is ramping up speculation that Apple has returned 5 million defective iPhones to Foxconn because they were reportedly unfit for sale. The phones apparently did not meet Apple’s standards or were non-functioning units.
With repair costs estimated at approximately $200 RMB ($32) per phone, this would have …
Online banking has been around for years, but it seems like only yesterday that financial institutions embraced banking by smartphone with the emergence of the banking app. The main problem with online banking is that you still need to visit an actual real-life bank to deposit a physical cheque. Until …
Apple’s controversial “rubber band” patent has been invalidated by the US Patent & Trade Organization (USPTO). Florian Mueller of Foss Patents reports the “rubber banding” patent is being rejected because it lacks novelty. The rubber band claim was denied because prior art already exists in the form of a patent …
In world rift of patent and trademark infringement battles, Apple is the leader in pushing their agenda. Patently Apple is reporting the U.S Patent & Trade Organization (USPTO) denied Apple’s request to trademark the iPad Mini.
The judge in the trademark application ruled that “mini” was merely a descriptive term …
Microsoft announced yesterday that they have signed a patent licensing agreement with Nikon. The terms of the agreement provide broad coverage under Microsoft’s patent portfolio for certain Nikon cameras running the Android operating system.
While the contents of the agreement will not be disclosed, Microsoft will receive royalties from Nikon …
Apple has reportedly told its overseas suppliers to slash production and ordered manufacturers to cut back production by as much as 80 percent. According to people familiar with the situation, sales of the iPhone 5 were less than anticipated possibly due to reduced consumer demand and lingering problems due to …
The Wall Street Journal is reporting that the US Patent & Trademark Office has rejected Apple’s Patent No. 7,844,915 which was one of the key cornerstones in Apple’s $1.05 billion lawsuit against Samsung. Patent No. 7,844,915–also known as “Pinch to Zoom”–was deemed not valid despite prior art that existed. The USPTO …
Best Buy hasn’t been doing so hot in the past year as it struggles to stay afloat and now a recent judgment involving stealing trade secrets has dealt another blow to the company. The company has been ordered to pay $27 million to TechForward, a San Francisco-based startup that came …
In a recent sit-down on NBC’s Rock Center with Brian Williams, Tim Cook was asked about what it would take to manufacture the iPhone in the US. Tim responded by saying that is was less about the price and more about the skills that were required. He went on to …
Bloomberg is reporting that Apple (AAPL) is cleaning house once again. Apple has dismissed Roger Williamson, the manager responsible for Apple’s fledgling Maps software. The departure of Scott Forstall in October led the way for SVP Eddie Cue to head up Apple’s online services including iCloud, iTunes, and Siri. It …
