Microsoft admitted that it could not vie against Google on price when it comes to selling cloud services.
Software & IT services
Samsung and Apple domination nearing end
Apple and Samsung's combined shares plunged while new smartphone makers showed growth. According to International Data Corporation, a research firm, Apple and Samsung's combined share of the international smartphone market plunged to 43% in the second quarter.
Apple earns US$20 billion per year from 575 million users
575 million Apple users spend US$43 per year for Apple's media merchandises. Apple's media empire was said to be an enormous and fast-growing cash cow.
Omnicom-Publicis targets Google advertising
After the announcement of their merger, Omnicom and Publicis are now targeting industry giants like Google, Tweeter and Facebook for their advertising.
Google's enterprise records 195% jump
Google Apps and Google Cloud Platform could earn US$200 million each quarter. Google's enterprise division was comprised of several offerings that aid the operations of businesses.
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Analysts said that Apple's investors should welcome Google's Chromecast because they would benefit through the dongle.
Shandra Games announced that they plan to acquire affliates Shanghai Shengzhan Networking Technology Co., Ltd and Tianjin Shengjing Trade Co., Ltd.
Analysts stated that when it comes to handling mobile revenue, Facebook would face an opportunity while Google would need to deal with a challenge.
Google is expecting a revenue growth decline in the future as it shifts to a mobile operating environment.
Womai.com revealed that it had received financing from SAIF Partners, the details of the transaction, however, were not disclosed.
ABI Research said that Apple would soon face market share rivalry with several Chinese low-cost smartphone manufacturers.
Strategy Analytic reported that Samsung already took Apple's place as the world's most profitable smartphone firm.
Facebook would make its capital investments worth US$1.6 billion in 2013 to capitalize on the number of its users and its mobile advertising base.
According to several analysts, the mobile ad boom of Facebook would provide an excellent model for other social networking sites.
