Samsung has presented a series of Galaxy smartphone which they have intended to upgrade every year, therefore every year people find a new Galaxy smartphone in the market. Recently Samsung S5 has just landed in the markets; it has an amiable texture with leather back and plastic front. It contains a larger camera with new design and some extremely unique characteristics. Samsung seems much contended after the launch of this product since it has gained a great deal of popularity among youngsters. What they are unaware of is the fact that almost immediately after its inauguration there will be a competitor of it.

Google plans to launch the new version of Nexus in the end of 2014. It will be named as Google Nexus 6 and rumors are going that it will come as rival for Galaxy S5. It will certainly be the toughest competition for Samsung in history since Google’s range of Nexus, up till now, is considered to be the best variety of android smartphones. The Nexus 6 will present a screen of 5.5” with an exceptional screen resolution of 2k display whereas Galaxy S5 has comparatively a slight smaller screen of 5.1”.

The outer side of Samsung Galaxy S5 formed of touch metal finish, on the other hand, Nexus 5 is probably have a lot different appearance, than the usual plastic exterior, of aluminum edges. The only negative aspect of Nexus 6 will be that it would not have an external battery or we can say user cannot switch the battery by them. Both the phones have similar internal storage of 16 and 32 GB with a RAM of 2GB.

Facebook is testing an option that will let people buy directly from the website. Facebook which is the largest social network in the world is trying out a buy button to facilitate users in buying directly from their website instead of just hosting ads.

Even though it seems like an amazing business idea it seems rather ironic considering Facebook CEO Sheryl Sandberg is reported to have said earlier this year that Facebook had no plans to go in to direct e-commerce. Perhaps the idea was motivated by competition, as Twitter and Google. Inc are making it easy for their users to buy goods from their sites. In a Facebook blog post yesterday, the company communicated that the service was being tested with some small and medium-sized businesses in the US.

This is not the first time Facebook is taking such a step but efforts in the past have not really been fruitful an example would be Facebook Credits – a virtual currency – which was later abandoned.

After the initial digestion of the new idea, one starts to wonder how it will exactly work. Well, the information at the moment suggests that transaction privacy is paramount and Facebook said in a blog post that they had taken steps to ensure that the payment experience was safe

Geophysicists are examining the North American active volcano through electrical sensors. Scientist has stated that sensor system help them comprehend the procedure which carry magma from almost 50 miles under the surface to active volcano.Mount St. Helens and Mount Rainier is the largest volcano which caused great destruction in May and left its material in11 states.

Because of these sensors scientists are able to presented detailed explanation on magma pipes beneath the Mount Rainer. That description states that dissolved magma shaped inside the Earth’s mantle and then it is collected in a pipe which transfers it to the volcano peak.

This analysis has solved several mysterious on which scientist were brooding on for more than a decade. For instance, how volcano substances goes upwards and how are they cut down into little pieces etc. after all the experiments and studies, scientist believed that Mount Rainier is more hazardous as compare to the Mount Jefferson.

Few days ago, Microsoft has cut total 6000 jobs from its Nokia Handset section; it was big news since it was the largest cuts of jobs in the 39 years history of the company. In that press conference Satya Nadella, the CEO has also declared that soon they will make some alteration in their XBOX entertainment department as well which is responsible for XBOX television programming. Yesterday, it was officially announced that Microsoft has closed its XBOX entertainment department. This immediate shut down will leave 18000 people unemployed. Most of them work in branch located in California and Vancouver.

Nadella has signed a long letter which praises and supports XBOX at the same time describe its significance to the company. The only thing which was not presented in that memo was any reference or mention of XBOX original television programming. The reports say that XBOX entertainment studios were going through a tough time due to its disorganized ways of working. The rapid change of executives in that studio is considered to be the cause of this situation. Firstly CEO Steve Ballmer hired Nancy tellem as an executive in 2012 but Steve himself said good bye to the company after a year of hiring. Almost immediately Steve departure, Don Mattrick also resigned from his post. It puts a question mark on the entire management of the company.

It is also heard that they would not end the “Halo” series even after the closure of XBOX entertainment studio.

It may be difficult to believe at first, but research indicates that smartphone vendors in the US still have a lot more room to expand. The US is having a population of 318 million out of which only 169 million use smartphones. Relative to the population; smartphones have only penetrated into 50% of the population.

Moreover recent statistics suggest that 70% of the mobile users in the US use smartphones. The numbers are self-indicative of the potential for the expansion for smartphone companies, provided they attract the right buyers. Also, on average Americans keep their smartphones for about 21 to 24 months which also indicates the possibility to attract users to switch their smartphones.

Amongst all the OEMS, Apple has the highest market share when it comes to smartphones with an impressive 41.9% while the OS market is dominated by Google’s Android OS. It is interesting to note that Android is not only leading globally in smartphone OS but also in the US. The sales share of Android in the US smartphone market stood at 61.9% compared to iOS’s 41.9% in the three months ended on May, 2014.

As you would have guessed the market for Symbian and Blackberry Os has significantly declined despite the Lumia series.

COLUMBUS: Ohio Attorney General Mike Dewine recently announced a proposed settlement of damages against Apple.inc for their involvement in the price fixing conspiracy in the e-books market. If the settlement agreement is approved by the U.S District Court for the Southern District of New York it will resolve claims for damages brought forward by Ohio and 32 other states.
Attorney General Dewine has emphasized the importance of challenging anti-competitive practices and the need to protect consumers from such practices. He suggests that the settlement seeks to provide relief to the consumers and e-book purchasers.

E-book Price Fixing
The amount consumers are to receive under the settlement is dependent upon the District Court’s decision for Apple’s appeal against the finding that the company violated antitrust laws and conspired with numerous publishers to raise e-book prices between 2010 and 2012. The appeal remains pending before the U.S Court of Appeals for the Second Circuit. Nationwide consumers are to receive $400 million in case the court’s ruling is affirmed. In case the appellate court is not able to reaffirm the court’s ruling and the ruling of Apple’s appeal is in their favor the settlement provides a significantly smaller recovery of $50 million.
Interestingly, the settlement combined with earlier settlements with the publishers will amount to twice the actual payable damages in case Apple is held liable and the appeal fails.
E-book purchasers all over the nation have received a total of $166 million in settlement funds paid by the following publishers which have been determined to be involved in the conspiracy: Penguin Group (USA), Inc. (now part of Penguin Random House); Holtzbrinck Publishers LLC d/b/a Macmillan; Hachette Book Group Inc.; Harper-Collins Publishers LLC; and Simon & Schuster Inc.
Notwithstanding the economic inefficiency or lack of cogency in the rationale for compensation these high amounts ought to fulfill the deterrent purpose of damages to say the least.

Recently, Microsoft has changed its CEO and that designation has been assigned to Satya Nadella. Nadella has started making some big adjustments soon after his appointment.

Firstly he makes two executive of Microsoft form different department to leave the company. Secondly he has announced one of the biggest job cuts, around 6000 people, in the history of the Microsoft Company.

When the reason has asked behind all these shake ups and job cuts, he hasn’t changed 6000 employees from their company; they were the people who work in the Nokia Handset division.

microsoft-to-cut-jobs

Microsoft has added nearly 30,000 employees after they get hold of Nokia handsets division. He also mentioned that shortly they will hire a few more people for their entertainment department for which obviously they will ask some of the old employees to leave the company. Nadella stated it quite clearly that his plan is to develop new skills which require the removal of old staff.

He gave a fair warn to the old employees that if you wish to stay in Microsoft then you better alter your list of work and add some fresh passionate ideas in it. He has plans to make Microsoft more than merely a software company instead he wants it to be a company which sells online services and applications as well.

Nadella is under the criticism of several companies as well, they complain that he has not given them any clear instruction regarding his upcoming strategies for the revival of Microsoft.

Things seem to be going quite well for Samsung as the South Korean giant anticipates the best second half since 1999. The Samsung group continues to take more businesses public and consequently recent stock sales have produced three times the Asian average.

south-koreaCredit Suisse, a leading global financial services company has projected that compared to last year companies might raise 30% more from initial and secondary public offerings in the seconds half, which would mean a total of 8.4 trillion won!

This year, the Korean listings rose 79% on average compared to an average of 21% for the region.
Samsung’s listed units comprise about 24% of the index and they are planning to take two more of their companies’ public. According to Daewoo Securities, the offerings might attract more chunks of foreign money to what is now Asia’s fifth largest stock market. The head of the corporate finance division at Daewoo Securities, Kim Sang-tae suggests that a significantly larger pool of competitive companies will be open for investment.

Samsung Everland disclosed its plan to list as early as the first quarter next year and Samsung SDS intends a float by the end of the year.

The following transactions will facilitate the evolution to holding company structure, at least which is what the analysts at Morgan Stanley and CLSA Asia-Pacific Markets suggest.

However factors such as the hospitalization of the chairman and the government ban of family owned conglomerates have contributed to a greater scrutiny of the group.

Nevertheless, the sales continue to help revive the fortunes of Korea’s stock arrangers after the second worst start to a year since the year 2008. The Director at Credit Suisse, Tan Kang expects the outlook to get better as large listings will bring a reviving change in the stumbling IPO market.

Apple has announced a union with IBM to make sure that they will remain the number one mobile enterprise. This deal will help Apple a lot, since it will utilize all the business connections IBM has, for designing new application and in gaining their confidence.

Apple has more clients than blackberry in the area of business that will surely choose Apple products over Blackberry. Inspite of this fact they want to increase the ratio in the field of enterprise for which they form an agreement with IBM.

IBM will make it easier for Apple to develop more than 100 business specific for enterprise operations. They will begin a new service named Apple care specially for the usage of enterprise. IBM will particularly help Apple in the promotion of their new devices to the business class, in the view of the fact that IBM has thousands of business clients. According to Rometty, the Ceo of IBM, it will help in expansion of business for both companies.

They have been partners since a long time but that partnership will merely allow IBM to access Apple’s Application programming interference as much as the other partners had. IBM is more excited for this contract because now they do not have to be in the long lines like other companies to ask Apple to accept their applications.