It seems that four years after the release of the original iPhone, Nokia finally came up with a phone which may at least compete with the iPhone, the N9.
But is it just me, or do they even copy the typical Apple Videos in their video "Swipe" with this nice technical dude beeing complete excited about the product and how it's beeing manufactured? And even the language about "change" ...
It seems that Apples new iMessage service which debuts in iOS 5 is very smoothly integrated into SMS composing. I guess the carriers won't like that - as well as the people from WhatsApp. Seems that Apple is gathering lots of good ideas from App Store Apps and copy-cat'ing them...
Groupon has filed its S-1 and hopes to raise $750M in its initial public offering. Given they’re currently losing a staggering $117M per quarter, despite revenues of $644M, they’ll be burning through that cash almost as soon as it hits their account. At the moment, it’s costing them $1.43 to make $1, and it doesn’t look like it’s getting any cheaper. They’re already projected to make close to three billion dollars in revenues this year. If you can’t figure out how to make money on three billion in revenue, when exactly will the profit magic be found? Ten billion? Fifty billion?
— http://shortlogic.tumblr.com/post/6142108636/groupon-ipo-pass-on-this-deal
So a company that owes $230 million more than it has, and appears to be burning through $100 million or more a quarter, is using money raised from later investors to pay back early investors? Sounds vaguely familiar.
