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News Articles

ExclusiveQualcomm reports record quarterly results

News Mark -

Qualcomm Incorporated has announced record results for the first quarter of its 2012 financial year, which is the three-month period that ended on 25th December 2011.

Revenue was up 40% year-on-year to $4.68 billion and net income was up 20% to $1.40 billion.

ExclusiveFacebook to raise $5 billion from Initial Public Offering

Opinion Mark -

Mil Arcega of voanews.com writes:

Facebook is going public. The world’s largest social media network filed documents late Wednesday for its much anticipated initial public offering (IPO). Analysts say the initial offer will raise about $5 billion in the first go around, making it one of the biggest in recent history. We take a look at how much the company is worth and what that could mean for investors.

ExclusiveBlackBerry service introduced by UK MVNO giffgaff

News Mark -

The giffgaff virtual mobile network operation, which runs on O2’s UK network, has introduced BlackBerry services today.

There’s now a ‘goodybag’ tariff option that enables customers to use a full range of BlackBerry services, including BlackBerry Messenger and ‘push’ email, for an additional £3 per month.

ExclusiveSony names Kazuo Hirai as CEO, while Sir Howard Stringer will be Chairman

News Mark -

Sony Corporation has announced that Kazuo Hirai will become the company’s President and Chief Executive Officer from 1st April 2012. The appointment has been rumoured for several weeks.

Sir Howard Stringer, who currently holds the roles of company Chairman, CEO and President, will become Chairman of the Board of Directors in June. He’ll replace Yotaro Kobayashi, who is retiring.

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