Samsung is widely expected to report record earnings for July to September quarter of this year, but many analysts are of the view that the South Korean consumer electronics giant's over dependence on smartphones poses huge risks in the future.
Last Friday, Samsung announced that its estimates hinted that its third-quarter operating income increased 25 per cent year-on-year to 10.1 trillion won (US$9.4 billion). Year-on-year in crease in revenue was estimated at 13 per cent.
According to several reports, Apple might be planning to release a new version of its MacBook Pro with the Intel Haswell processor on 15 October, 2013.
The company is also planning to launch its new OS X 10.9 Maverick during the month. The new MacBook Pro with OS X 10.9 Maverick will offer greater power efficiency and extended battery life. OS X Mavericks is also capable of cutting power consumption on iTunes HD Playback by about 35 per cent and has a smarter idle management to reduce power consumption.
Tesla Motors Co Chief Executive Elon Musk on Friday came forward to defend his company's electric car Model S after a video showing the car in flames dragged the company's shares down.
Tesla shares slipped more than 6 per cent after an automotive blog called Jalopnik published images of widely acclaimed electric car Model S in flames. The car caught fire after it met with an accident on Tuesday south of Seattle, Washington. The video received thousands of page views.
Following the footsteps of rival retail giant Walmart, Target on Wednesday announced its decision to launch its own brand of prepaid mobile services.
Starting this weekend, Target will offer prepaid mobile service Brightspot, which will provide unlimited talk-time and texting on 4G network of T-Mobile for $35 per month.
Thos who also want to 1GB of 4G data will have to fork out additional $15 per month. A bigger prepaid plan will offer 4GB of 4G data for $65 per month.
According to several reports in the media, Logitech might be planning to launch its new gaming controller for the iOS platform.
The new Logitech’s iPhone gamepad might be able to attract new users to the platform. It appears to be a long slab with a slot for the iPhone in the middle allowing users to attach their phones and play games with the controller. The controller adds two inches in length and not in width. It also has a directional pad on the left, four face buttons on the right and two shoulder buttons on top.
The shares of J. C. Penney have fallen 13 per cent on Friday as the struggling retailer launched an issue of 84 million shares of common stock in a public offering in an attempt to build up its cash reserves.
The company has said that it will use the funds raised from the offering for meeting general corporate
Redmond-based tech giant Microsoft recently took wraps off the Surface 2 and the Surface Pro 2, both of which boast updated operating systems, quicker processing and enhanced battery life & camera resolution.
Windows RT-based Surface 2 tablet will bring Outlook, while Windows 8.1-based Surface Pro 2 will keep on operating like a full PC.
The Redmond firm tried to fix almost every hardware issue that consumers and analysts criticized in the first-generation Surface tablets.
Logitech and ClamCase on Thursday released teaser trailer for their forthcoming devices capable of pairing with various iOS-based devices and turning them into game controllers.
The teaser trailers, which followed the recent release of Cupertino, Calif.-based tech giant Apple's latest mobile operating system iOS 7, promises to transform iOS devices with a full-sized console layout.
Japanese electronics giant Sony has officially launched its Bravia Smart Stick in the United States.
The Sony Bravia Smart Stick has been designed to work around the 2013 Bravia television line up. It is like a Google Android-based TV dongle that comes bundled with some very striking Sony Bravia applications.
Jamie Marsh, television marketing manager for Electronics Home Entertainment & Sound Division at Sony, said that the Smart Stock would bring the full power of Google services to users' television sets.
Australian internet provider Telstra has announced its plans to introduce an anti-malware technology that would protect consumers' computers from cyber criminals.
The `malware protection technology' will be introduced to Telstra's BigPond network from October this year. It will spoil cyber criminals any efforts to hack into consumers' computers and use them as launch pads for cyber attacks.
The company said the technology was designed to protect customers' computers from malware/malicious software known as botnets.
The famous V8 engines will become extinct like dinosaurs in due course as car manufacturers are increasingly turning their focus to more fuel-efficient, smaller-capacity engines, Swedish carmaker Volvo predicted.
Derek Crabbin, the vice president of powertrain engineering at the renowned car brand, said that smaller-capacity engines like four-cylinder engines would eventually replace V8 engines.
Referring to Volvo's new turbocharged four-cylinder engines, Crabbin said, "There's so much power they will turn V8 engines into dinosaurs."
Google on Wednesday used the Intel Developer Forum to announce a new line of Chromebooks that will be powered by Intel's 4th generation Core series of processors.
The new Chromebooks will come equipped with Intel's latest Haswell processor that boasts higher performance and low power consumption. Acer Inc, whose existing Chromebooks runs for just 3.5 hours on one full charge, is promising 8.5 hours of battery life in its new Haswell-based device.
Verizon on Tuesday announced its decision to bring its fiber optic Internet service to storm-hit Fire Island, where superstorm Sandy hurt miles of underground cables and left people without reliable telecommunications services.
Verizon, the only landline carrier on the island, earlier started replacing damaged landlines with wireless service Voice Link, but many people argued that the Voice Link service offered them only voice service and not Internet connections.
Social-networking giant Facebook has added a couple of new APIs that allows certain media companies to track and see what is trending on the network.
The addition of the APIs has enabled media organizations like CNN, Buzzfeed, NBC's Today Show, BSkyB and Slate and also social media marketing firm Mass Relevance to access to track and see a real-time feed of what users of Facebook are sharing about certain keywords, like "Apple" and "Syria".
Cupertino, California-based computer maker Apple Inc is preparing to release the next iteration of its Mac operating system in the first month of the last quarter of this year, according to a fresh report by 9to5 Mac.
Citing anonymous sources, 9to5 Mac reported that the next version of the Mac OS would be rolled out for consumers in October.
Mark Gurman of 9to5 Mac said, "Apple traditionally shares its Q4 earnings numbers during the second half of October, so perhaps Apple will release Mavericks the day following its Q4 results announcement."