Date: 30/10/12 Apple's Scott Forstall and John Browett to leave firm
Apple has announced a major shake-up of its management, with two senior executives to leave the company. The announcement follows embarrassing problems with its new mapping software and disappointing quarterly results, the BBC reported.
Date: 19/10/12 Sales of TeliaSonera increases by 17 percent in Azerbaijani market
TeliaSonera's sales in the Azerbaijani market increased by 17 percent in January-September, the company said. Net sales increased from 2.521 million Swiss kronas to 2.950 million Swiss kronas compared to the same period in 2011. Sales in local currency increased by 11.3 percent in the
Date: 19/10/12 Mobile revolution, economy trip up tech giants
Mobile may be the future for technology, but even with the worldwide proliferation of high-powered devices like smartphones and tablets, some companies are struggling to maintain consistent revenue streams, the Reuters reported. Earnings disappointments this week from Intel Corp,
Date: 16/10/12 Microsoft debuts Xbox music service to take on Apple
Microsoft Corp on Monday announced that Xbox Music, a digital music service to vie with Apple Inc's iTunes and Amazon.com Inc's Cloud Player, will be available for its Xbox game consoles on Tuesday. The service will be expanded to Windows software-based computers and
Date: 16/10/12 Panasonic wins $7.6 billion loan commitments from banks
Panasonic Corp has won $7.6 billion of loan commitments from Sumitomo Mitsui Financial Group and other banks, allowing the Japanese electronics conglomerate to sidestep fund-raising in the credit markets, the Reuters reported. Panasonic sought the financing framework to underpin its finances,
Date: 16/10/12 $72 million AZN contributed to modernization of Azerfon network
Some have been contributed to modernization of 'Azerfon' mobile network, head of the company Jurgen Peetz told journalists last week. In his words, this enabled provision of network's stable operation along with extension of coverage.
Date: 16/10/12 E-inventory of real estate property to be applied within a year
A project on the establishment of an electronic inventory and digital cartography in Baku will be implemented within 12 months; deputy chief of the state committee on property issues Rafig Jalilov reported this on Wednesday at a conference dedicated to the establishment of a project to
Date: 16/10/12 Bakcell intends to buy purchase controlling stake in Azertelecom
Azerbaijani mobile operator Bakcell intends to buy a controlling stake in the telecommunications company Azertelecom, the country's primary provider, the company informed media. The businesses are in negotiations, but no specific agreements have yet been made. Azertelecom began commercial expansion in Azerbaijan in 2009,
Date: 15/10/12 AZN 58.7 thousand worth of food products sold to customers via e-trade in last 9 months
During January-September of 2012 a 1,1% growth was observed in the production of Gross National Product (GNP) `compared to the same period
Date: 15/10/12 Currency Impact and Price Pressure Mutes Growth in the Western European Disk Storage Systems Market, says IDC
Enterprise-grade external disk storage systems (EDSS) factory revenues in Western Europe declined 0.3% to $1.26 billion in the second quarter of 2012 over the same period last year, according to IDC's EMEA Quarterly Disk Storage Systems Tracker. When accounting for changes in
Date: 15/10/12 Currency Impact and Price Pressure Mutes Growth in the Western European Disk Storage Systems Market, says IDC
Enterprise-grade external disk storage systems (EDSS) factory revenues in Western Europe declined 0.3% to $1.26 billion in the second quarter of 2012 over the same period last year, according to IDC's EMEA Quarterly Disk Storage Systems Tracker. When accounting for changes in
Date: 15/10/12 U.S. Datacenters Growing in Size But Declining in Numbers, According to IDC
The total number of datacenters (of all types) in the United States declined for the first time in 2009, falling by 0.7%. triggered by the economic crisis of 2008 and the resultant closing of hundreds and thousands of remote locations with server closets and rooms.
Date: 12/10/12 Bakcell and Azerfon to deploy 4G services in Azerbaijan till late 2012
A fourth generation 4G network from mobile operators Bakcell and Azerfon will be deployed till late 2012, the Deputy Minister of Communications and IT Iltimas Mammadov told media. "A comprehensive approach to the consideration of the operators' appeal
Date: 12/10/12 Azerbaijan becomes Eastern Europe’s most advanced country
Azerbaijan is becoming the most advanced country in the sphere of information technologies not only in the South Caucasus and the former Soviet Union, but also in Eastern Europe, Head of Azerbaijani Presidential Administration Social and Political Department Ali Hasanov
Date: 12/10/12 HTC profits slump 79 per cent in third quarter
Taiwanese smartphone company HTC has posted a third quarter profit drop of 79 per cent, as the gap between the company and market leaders Samsung and Apple grows ever wider, the Computing reported. HTC has reported a net profit of NT$3.9bn (£83m) from July to September 2012,
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