Financial results this week
06.05.2013 Technology companies scheduled to release their financial results this week.
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LinkedIn reports US$22.6m in profit and US$324.7m for Q1
03.05.2013 Business social network LinkedIn has reaped US$22.6m in profit during the first quarter on revenue of US$324.7m.
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13-year-old Irish coder and CEO to address the titans of Silicon Valley
02.05.2013 Jordan Casey, a 13-year-old from Waterford who taught himself how to write code and who at 12 was one of the youngest entrepreneurs to publish an app in the App Store, is to speak at the prestigious 20th TiEcon conference in California where he will impart the lessons of a CEO to the CEOs of LinkedIn, Amazon, Netfix, PayPal and many others.
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Delay of HTC One smartphone costs HTC dearly – reports a mere US$2.8m profit
02.05.2013 Taiwanese smartphone maker HTC has published unaudited results which present a damning picture – instead of basking in the success of sales of one of its best smartphones yet, delays in launching the HTC One have led to the company producing profits of just US$2.8m for Q1.
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Facebook revenues up 38pc to US$1.46bn – now has 751m active mobile users
01.05.2013 Social networking giant Facebook reported Q1 revenues of US$1.46bn, out of which it garnered a profit of US$219m, up 7pc year-on-year. Significantly, the company revealed it now has 751m active mobile users.
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Best Buy to sell off its European business to Carphone Warehouse for stg£500m
30.04.2013 One of America’s leading technology retailers Best Buy has revealed that it plans to sell off its 50pc stake in Best Buy Europe to Carphone Warehouse for an estimated stg£500m in cash and stock.
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Eircom to raise €310m through bonds issue
30.04.2013 Eircom said today it plans to sell €310m worth of senior secured notes due in 2020. This is the first bonds-issue by the telco since it had €2.3bn worth of debt written off last year.
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Twitter IPO not happening any time soon - Dorsey
30.04.2013 It’s been nearly a year since Facebook’s IPO but another social networking giant isn’t going to follow suit any time soon. Twitter co-founder Jack Dorsey has said the company is “not even thinking about it” right now.
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Staples opens 3D printing centre powered by Irish firm Mcor’s technology
29.04.2013 Global office supplies player Staples has gone live with a new 3D printing Experience Centre in the Netherlands, which is powered by technology made by Irish firm Mcor.
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The technology business week: GameAccount Network teams up with MPTN, Google buys Wavii
29.04.2013 A digest of the top business technology news stories from the past week.