Apple to unveil own cloud service
Apple CEO Steve Jobs will reveal a range of new products, including a widely anticipated cloud service, at its developer conference next week, according to the BBC.
iCloud is likely to offer services rivalling that of Google and Amazon. Attendees will also see Lion, the latest version of Apple's Macintosh operating system, and an upgraded version of mobile system iOS.
Jobs, who is on medical leave, has not appeared in public since March. Details of the products on show came via an Apple press release ahead of its Worldwide Developers Conference - an unusual step for a company which is usually very secretive ahead of its flagship event.
Nokia share price plummets
Mobile company Nokia saw a 15.98% slump in its shares yesterday following its warning to investors that it expects a weaker than anticipated second quarter, reveals Computing.co.uk.
The company wrote in a statement that “multiple factors are negatively impacting Nokia's devices and services business and to a greater extent than previously expected”.
It also said its net sales would be “substantially below” its previously expected range of between EUR6.1 billion and EUR6.6 billion for the second quarter of 2011.
Lady Gaga sets digital sales record
Lady Gaga sold more than 1.1 million copies of her new album “Born This Way” and set a digital sales record last week - with an assist from Amazon.com, writes the Associated Press.
Amazon's attention-grabbing download price of 99c last Tuesday and Thursday helped drive "Born This Way" to an unprecedented 662 000 in digital sales, pushing the album to nearly three times initial estimates by Universal Music Group.
Amazon sold more than 440 000 of those copies alone, but with mixed results.
'I screwed up' on Facebook threat: Schmidt
If he had a another chance, former Google CEO Eric Schmidt would have pressed the Internet search leader to focus more on mounting a challenge to Facebook, while he was still running the company, reports the Associated Press.
“I screwed up,” Schmidt said late yesterday during a 75-minute question-and-answer session at the D: All Things conference in California.
Schmidt's admission comes nearly two months after he ended his decade-long stint as Google's CEO and became the company's executive chairman.
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