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Articles tagged with: cost

Nintendo Takes 40% Off 3DS Price Tag

Nintendo is already going down the success slope because of poor sales of its recently released 3D gaming console, Nintendo 3DS. This has put Nintendo in some serious trouble. In order to manage the company so that it doesn’t become bankrupt, Nintendo is forced to cut the price of its gaming console in two of the major regions of its availability.

Nintendo 3DS was initially sold for 25000 yen in Japan and for $249-99 in US. It seems that in order to cover the manufacturing costs, Nintendo has reduced the price of their console by as much as 40%. The same console which was sold for 25000 yen would now be available for 15000 yen in Japan and for approximately $150 in US.

Virgin Media Brings 1.5Gbps Download Speeds To UK Folks

A £13 billion private investment by Virgin Media is making the Internet its fastest ever in London. Virgin Media, a popular and leading company is now providing Internet speeds of up to 1.5 Gbps which is 240 times faster than the average speed provided in London.

Almost every user is connected to a unique fiber optic cable network of Virgin Media through a high quality coaxial cable with almost negligible resistance. This is not the first time by Virgin media that they are crossing the limits in making things fast.

Oracle Sues Google Over Java Copyrights & Patents

In the tech industry, suing rival companies is not a big deal so its no surprise that Oracle sued Google.

The bone of contention is Google’s US$100 million deal with Sun Microsystems to pay the royalties for using Sun Microsystems’ programming language java for building the, then-new operating system, Android.

The deal has invoked a copyright infringement case against the search giant Google. However, Google has denied the allegations put forth by Oracle.

ICANN Approves Unlimited Top Level Domains

The Internet Corporation for Assigned Names and Numbers (ICANN) has recently voted overwhelmingly to approve unlimited TLD (top level domains). Whereas people used to only have a select number of domain options (.biz, .org, .com, or .net)–users will now be able to choose any domain they want.

Although many were originally concerned that this new change would confuse users, that worry has apparently been set aside. At the present time, I cannot envision too many people adoption a facebook.facebook approach, but I could see various creative ways to market a website.

Samsung Introduces First 30nm DDR3 RAM

Samsung today announced a new 30nm DDR3 RAM module, coming in 2GB and 4GB sticks that are designed to keep power consumption low, about 66% more power efficient than a regular chip, in fact. The chip still hits a 1.6Mbps peak bandwidth.

The most optimal use of these new RAM modules would be laptops and netbooks that require less memory and a low power draw, thus enhancing overall battery life. The memory modules will be available in both single and twin packs depending on your needs.

Groupon Files For $750 Million IPO
According to Business Insider, Groupon has filed an S-1 with the SEC (Securities and Exchange Commission) in efforts to raise $750 million in an Initial Public Offering (IPO), backed by Morgan Stanley. Some of details of the filling
  • Groupon lost $413 million in 2010
  • 2010 revenues totaled $713 million
  • Groupon’s first quarter 2011 revenues reached $645 million
  • Groupon has 83 million email subscribers
  • Groupon sold 30 million coupons last year
  • Groupon spent $86 million on operating costs in 2010
  • Groupon has 7,000+ employees
Forget 75 Inches, 85″ 3D TV On The Way

Just three days after we covered Samsung’s 75-inch 3D TV, it appears that Bang & Olufsen heard the news. The company has just announced an 85-inch BeoVision 4-85 3D television that’s going to start shipping next month. I bet many of you were shocked when we told you that 75″ Samsung was going to set you back $17,600 but guess how much 10 extra inches costs you? The BeoVision 3D TV will retail at $85,000. Talk about sticker shock!

WikiLeaks Threatens $20M Fine On Unpublished Leaks

Julian Assange, founder of WikiLeaks, is now making his associates sign a nondisclosure agreement that asserts the organization’s leaked material is solely the property of the organization. The agreement states “You accept and agree that the information disclosed, or to be disclosed to you pursuant to this agreement is, by its nature, valuable proprietary commercial information…the misuse or unauthorized disclosure of which would be likely to cause us considerable damage.”

Google Apps Charges Businesses Over 10 Users

Google is changing the way it’s doing business under the rule of Larry Page, and it wants you to open up your wallets. Google will now be charging for Google Apps for Business to make it more attractive to small businesses, charging a $5 per user, per month plan that is comparable to Microsoft’s pricing plan. Google also lowered its paid service entry level from shops with 50 users to 10, in an effort to attract more of the small business ‘market’.

Nokia Cuts 7,000 Jobs Due To Bad Quarter

Nokia has been through a lot of waves recently, and today the world knows the outcome. Nokia has announced today it will cut 7,000 jobs as a “result of its Microsoft Windows Phone agreement” and outsourcing Symbian handset software. This represents 12% of the company’s handset employees and will likely save Nokia $1.5 billion dollars.

Nokia’s CEO, Stephen Elop noted that the competitive environment has changed rapidly, implying that Nokia must change with it in order to be successful. The cuts include 4,000 layoffs and 3,000 job shifts to Accenture.