It’s no secret that Samsung’s flagship Galaxy smartphones are leading the Android-powered pack of handsets. What may be less obvious is just how quickly the company is closing in on Apple’s title of world’s biggest smartphone vendor in unit terms. Samsung announced on Friday it expects its third-quarter profit to top even the most bullish market forecasts, driven in large part by booming smartphone sales. “The Galaxy S II probably played a key role in boosting the company’s earnings and it will continue to do so pretty much unchallenged, until Apple unveils a better new version of iPhone,” said Kyung Woo-hyun, a fund manager at Daishin Asset Management.
It’s early October in New York which means that Advertising Week, which kicked off on Monday, is officially in full churn. This year, the organizers of the conference that attracts all stripes from publishing outfits to retailers to ad agencies may as well have slugged the event Ladies Week given the number of companies pitching to women.
As people around the world flocked to the nearest Apple store and to social networks to express their grief and appreciation after the death of Apple co-founder Steve Jobs, others turned their attention to the future prospects of the company he helped turn into an innovative tech juggernaut.
There’s a new video streaming service on the block and it comes courtesy of an old, familiar name – Blockbuster. Blockbuster unveiled the video streaming service to subscribers of satellite provider Dish Network, which now owns Blockbuster, in a move to better compete against video rental giant Netflix and to lure customers from rival cable and satellite TV providers. Non-Dish subscribers will have to wait until Blockbuster launches a broader online streaming plan later this year, the company’s president told Reuters.
from Reuters Money:
Maybe you think you're up to date on the latest financial apps and mobile solutions, but unless you are updating your money life every five minutes, you aren't. Behind the scenes, scores of companies are throwing money at digitizing you, your cash and (even more popular than money these days) your consumer profile.
A change could be underway at the top at Hewlett-Packard. The company’s board convened on Wednesday to discuss the possibility of ousting CEO Leo Apotheker after less than a year on the job and may appoint former eBay chief Meg Whitman to fill in as interim CEO, a source familiar with the matter told Reuters. HP’s board of directors has come under increasing pressure in recent months after a raft of controversial decisions has left investors uncertain of the company’s leadership.
Google has opened up its Google+ social network to anyone who’d like to give it a whirl, after a successful three-month run as an invite-only service. The company also rolled out a slew of new features for Google+, including integration of its flagship search engine into the platform, and expanded its Hangouts video-chatting feature to enable mobile use on its own Android-based smartphones. Support for Hangouts on Apple’s iOS mobile software is “coming soon”, Google promised in a blog post. Users will soon have the option to broadcast their Hangouts sessions beyond the nine allowed participants as well by opening them up to live viewing by anyone. Want to record a chat for posterity? Well, that’s coming soon too.
The star of movies like “Dude, Where’s My Car?” and now of the hit show ‘Two and a Half Men” told conference goers at TechCrunch Disrupt that he tried to get the studio to plug some of his Internet start-up investments on the show– but they wouldn’t do it without compensation.