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Nokia recorded  profit of €439 million ($585 million) in the fourth quarter of 2012, according to recently released financial reports. Full year results for 2012 saw that the losses in previous quarters still puts the company at an overall loss of €2.3 billion ($3 billion), despite the Lumia-based sales uptick seen in the last quarter. Nokia says it sold 4.4 million Lumia devices, up from 2.9 [...]

Samsung bought more mobile chips than any other company in 2012, according to new data from Gartner. Samsung and Apple  ordered $45.3 billion worth of semiconductors in 2012 which according to Gartner is  up $7.9 billion from 2012. Samsung was 8% of the chip market last year, while Apple was 7.2% of the market. They were followed by Hewlett-Packard (4.7% of the market), Dell (2.9%) and Sony (2.7%). [...]

Gangnam Style, the most-watched YouTube video ever, with more than one billion views, by K-pop sensation Psy has generated $8 million revenue on YouTube alone, said Google chief business officer Nikesh Arora during the company’s fourth quarter earnings call. Considering that Gangnam style has  1.23 billion views on YouTube, that means the video is generating on average 0.65 cents every time someone [...]

Five ex-employees of Apple, Google, and Intel are suing those companies, accusing them of an illegal conspiracy to eliminate competition for each other’s employees and drive down wages.” according to the Telegraph. To solidify their case, the plaintiffs  have cited internal emails between these executives, including some from Steve Jobs to the heads of companies caught trying to hire [...]

Google today released Q4 2012 earnings, last quarter it made US $14.42 billion in consolidated revenues, up 36 percent from last year, and $2.89 billion in net income. Consolidated revenues would have been $15.24 billion had Motorola Home been included. “We ended 2012 with a strong quarter,” said Larry Page, CEO of Google. “Revenues were up 36% year-on-year, and 8% quarter-on-quarter. And [...]

Android phone makers such as  Samsung, LG, HTC and Sony will continue to bank on strong demand for 5-inch smartphones / phablet in 2013 according to Digitimes. Apple, Blackberry and Nokia have no plans for 5-inch smartphones this year according to unnamed industry sources. How big is the opportunity these companies are missing? Digitimes cites research suggesting 60.4 million smartphones with screens [...]

Twitter has improved embedded tweets by adding a couple of new features,  embedded tweet boxes have been redesigned to enhance readability, and to display more context  like retweet and favorite counts.   “Embedded Tweets make it easy for publishers and developers to use Tweets in their content, and today we’re excited to share a number of updates that make the product better and easier [...]

The Microsoft Surface Pro with Windows 8, will start selling  in U.S. and Canada on February 9th and will soon after make it to U.K.shelves. Microsoft took it’s own sweet time in  launching the premium tablet, which shares a similar design with its Surface RT variant but packs an x86-based Core i5 chip, 4GB RAM, a 10.6-inch 1920×1080 pixel screen, 64-128GB internal storage, a USB 3.0 port, [...]

Mozilla, who gave us the a better alternate to the archaic Internet Explorer browser had long had plans to change the mobile OS arena,it  introduced  phones powered by  Firefox OS on Tuesday. Stormy Peters, Director of Websites and Developer Engagement at Mozilla wrote : “Firefox OS is a new mobile operating system built entirely using open web standards. In Firefox OS, HTML5 apps can do “phone [...]