Apple staying two steps ahead of the competition

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Even with a slew of competitors coming to market any day now, Apple ( NASDAQ:APPL ) has a reason for feeling cocky. The maker of the iconic iPhone today reported its best quarterly sales ever for its phones and line of Mac computers. Apple posted a 47% increase in profit in the fourth quarter and sold more than 7.4 million iPhones across 80 countries. (more…)

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Stock Market News for October 20, 2009 – Market News

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With buyers back in action, US stocks rose to their fresh one-year highs and remained near their high points as optimism grew that an economic recovery, helped by solid third-quarter earnings reports and increased M&A; activity, is on cards. The Dow Jones industrial average rose 96.28 points, or 0.96%, to close at 10,092.19. The broader S&P; 500 index jumped 10.23 points, or 0.94%, to 1,097.91 and the tech-heavy Nasdaq climbed 19.52 points, or 0.91%, to 2,176.32, its highest point si

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Showdown Between Regulatory Agencies Could Shutter World of Warcraft in China For Good

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We reported last month on the return to China of Activision Blizzard Inc.’s ( NASDAQ: ATVI ) World of Warcraft , and how administrative rights over who regulates what regarding online games have been sorted out . Well, it appears that the General Administration of Press and Publication (GAPP) is having its own interpretation of the government guidelines, Click here to visit NetEase.com’s World of Warcraft website. as they have undertaken a crackdown covering more than 200 ga

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Microsoft Invests In South Korean Game Developers

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Fresh off of a relieving ruling on monopoly charges in Korea , Microsoft Corporation ( NASDAQ: MSFT ) appears to be charging forward rapidly. Last week, Microsoft was found guilty of violating Korea’s anti-trust regulations for “bundling its Windows Media Player with its operating system”. However, the good news for Bill Gates, Steve Ballmer & Co. is that the courts rejected a domestic Korean company’s demand for 100 billion won (approximately US$81 million). Appeals are likely, but, for

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Press Release :: Shutterfly Announces Shutterfly for iPhone 2.0

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New Version Enables Users to Share via Email, Post to Share Sites and Download Photos REDWOOD CITY, Calif.–( BUSINESS WIRE )– Shutterfly , Inc. (NASDAQ:SFLY), the leading Internet-based social expression and personal publishing service, today announced a new version of its popular Shutterfly iPhone Application , a free photo-sharing app for the iPhone that gives customers the power to upload, view and share their Shutterfly photos wherever they are. The update is available as a f

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World of Warcraft Finally Returns to China

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According to VentureBeat , after three months in regulatory exile, Activision Blizzard, Inc.’s ( NASDAQ: ATVI ) industry leading MMORPG, World of Warcraft (WoW) , returned in China as a fully accessible, paid version. The game had expected to return in early June under a new operator, Netease.com, Inc. ( (ADR) NASDAQ: NTES ), but has been confronted with a heavy-handed Chinese regulatory that used the change of operators — from The9 Limited ( (ADR) NASDAQ: NCTY ) — as an opportunity to

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China Seeks To Streamline Regulation of Online Games; World of Warcraft’s Drawn Out Approval Process May Deserve Credit

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As reported by Interfax China (subscription required) the Chinese government has taken steps to reorganize its approval processes for a variety of media including online games. Many observers believe that the change to China’s regulatory policy may have grown out of the excruciatingly slow path that Netease.com, Inc. ( (ADR) NASDAQ: NTES ) has had to navigate in order to relaunch World of Warcraft , the number one massively multiplayer online role playing game (MMORPG). The game had already

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