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The business side of tech receives ample coverage on TechSpot. The industry’s latest developments, legal face-offs, acquisitions, and trends in technology will give you an overall scope of what’s to come.


60 percent of Americans don't trust Facebook to keep their data private

60 percent of Americans don
  • Posted May 16, 2012, 7:30 AM by Shawn Knight | Filed in Industry News
  • A recent poll conducted by the Associated Press-CNBC shows that Facebook has a long way to go in earning the trust of their users. Nearly 60 percent of people questioned had little or no trust in Facebook’s ability to keep…

Kodak maintained an underground nuclear reactor for over 30 years

Kodak maintained an underground nuclear reactor for over 30 years
  • Posted May 15, 2012, 1:30 PM by Shawn Knight | Filed in Industry News
  • It’s no secret that Eastman Kodak Co. has fallen on hard times in recent memory, but despite all of that, the ailing photography company has been able to keep one secret closely-guarded for more than 30 years. Kodak maintained a…

Amped Wireless launches R20000G dual-band router with 10,000ft² coverage

Amped Wireless launches R20000G dual-band router with 10,000ft² coverage
  • Posted May 15, 2012, 10:30 AM by Lee Kaelin | Filed in Industry News
  • Amped Wireless, a leading US manufacturer of long-range wireless communications products for the home and office announced yesterday the release of their new flagship router, the R20000G, a high-performance Wireless-N...

Genetically-engineered viruses may power devices of the future

Genetically-engineered viruses may power devices of the future
  • Posted May 14, 2012, 6:00 PM by Rick Burgess | Filed in The Web, Industry News With Video
  • Riding along a fine line between modern day technology and creepy science fiction, Department of Energy researchers unveiled a device which generates energy by harnessing the electro-mechanical properties of genetically-engineered viruses. The nanotechnology-based power generator leverages piezoelectric principles, an old concept…

Best Buy founder and chairman to step down next month

Best Buy founder and chairman to step down next month
  • Posted May 14, 2012, 5:00 PM by Shawn Knight | Filed in Industry News
  • Best Buy has announced that its founder Richard Schulze will be stepping down as chairman following the company’s annual shareholder meeting scheduled for June 21. Schulze will be replaced by Hatim Tyabji, the current chair of the audit committee and…

Nvidia, Intellectual Ventures acquire 500 wireless patents from IPWireless

Nvidia, Intellectual Ventures acquire 500 wireless patents from IPWireless
  • Posted May 14, 2012, 4:00 PM by Shawn Knight | Filed in Industry News
  • Nvidia has joined forces with patent-portfolio buyer Intellectual Ventures to jointly purchase nearly 500 wireless communications patents from IPWireless. Financial terms of the deal weren’t disclosed but we do know that the patents are related to 4G LTE technology.

Iran bans select industries from using foreign e-mail providers

Iran bans select industries from using foreign e-mail providers
  • Posted May 14, 2012, 3:30 PM by Rick Burgess | Filed in Industry News
  • Over the weekend, Iran's telecommunications minster warned that in-country financial institutions, insurance firms and communications companies will be limited exclusively to .ir domains for hosting and email purposes. For better or worse, the national mandate will prevent applicable organizations from…

Buffalo ships first 802.11ac wireless router and media bridge

Buffalo ships first 802.11ac wireless router and media bridge
  • Posted May 14, 2012, 3:00 PM by Jose Vilches | Filed in Industry News, Hardware
  • Netgear may have been first to announce a 802.11ac wireless router, but Buffalo has beaten them to the punch by actually delivering one to market. The AirStation WZR-D1800H wireless router and WLI-H4-D1300 wireless media bridge are on sale now at…

LG preparing flexible OLED display plant for production

LG preparing flexible OLED display plant for production
  • Posted May 14, 2012, 1:00 PM by Shawn Knight | Filed in Industry News, Hardware
  • LG is in the process of outfitting a production facility that will be used to create flexible OLED displays. The 3.5 Generation OLED (730x460 mm) line is being installed in LG’s Paju plant in Korea as an extension of the…

Intel R&D envisions 10nm chips by 2015, already developing 14nm process

Intel R&D envisions 10nm chips by 2015, already developing 14nm process
  • Posted May 14, 2012, 12:00 PM by Jose Vilches | Filed in Industry News, Hardware
  • Intel just started shipping its first 22nm silicon with the release of Ivy Bridge in April, but the company is already looking ahead to the next advancements in process technology. In fact, the roadmap for 10nm, 7nm and 5nm processes…

Apple drops new iPad's "4G" label, now called iPad + Cellular

Apple drops new iPad
  • Posted May 14, 2012, 11:00 AM by Lee Kaelin | Filed in Apple, Industry News
  • Apple appears to have given in to regulatory pressure after the UK's consumer watchdog, the Advertising Standards Agency (ASA), as well as Australia's counterpart, the Australian Competition and Consumer Commission (ACCC) launched investigations following a wave of complaints from consumers…

Microsoft-funded 'Pirate Pay' takes aim at BitTorrent piracy

Microsoft-funded
  • Posted May 14, 2012, 10:00 AM by Jose Vilches | Filed in The Web, Industry News
  • A Russian startup called Pirate Pay — in allusion to the notorious file-sharing site — has reportedly created a way to attack “BitTorrent swarms,” or groups of computers hosting content, making it hard for them to share files. Apparently the…

Scott Thompson resigns as Yahoo CEO

Scott Thompson resigns as Yahoo CEO
  • Posted May 13, 2012, 9:16 PM by Shawn Knight | Filed in Industry News, The Web
  • Scott Thompson has resigned as the CEO of Yahoo after the Internet company discovered that he had falsified information on his resume with regards to his educational background. The company has since named Ross Levinsohn as interim CEO, although his…

Foxconn chief: We're making preparations for Apple iTV

Foxconn chief: We
  • Posted May 11, 2012, 5:30 PM by Rick Burgess | Filed in Apple, Industry News
  • Rumors of an "Apple TV" have persisted for many years now, but recently we've all been hearing an increasing number of hints that such a device may soon materialize. Thanks to a presumable slip-up from Foxconn chief Terry Gou, we…

Nvidia Q1 revenue and profit down, Q2 outlook beats estimates

Nvidia Q1 revenue and profit down, Q2 outlook beats estimates
  • Posted May 11, 2012, 4:30 PM by Jose Vilches | Filed in Industry News, Hardware
  • Nvidia on Friday reported revenue of $924.9 million for the company's first quarter of fiscal 2013 ended April 29, 2012, down from $962 million a year ago but still topping average analyst estimates of $916.2 million. Net profits took the…

USPS to ban overseas shipments of electronics with lithium ion batteries

USPS to ban overseas shipments of electronics with lithium ion batteries
  • Posted May 11, 2012, 3:30 PM by Shawn Knight | Filed in Hardware, Industry News
  • The United States Postal Service has announced that as of May 16, they will no longer deliver a wide assortment of electronics to consumers overseas. Any device that has a lithium ion battery falls under this ban, including tablets, smartphones,…

US FTC probes Facebook acquisition of Instagram

US FTC probes Facebook acquisition of Instagram
  • Posted May 11, 2012, 12:30 PM by Lee Kaelin | Filed in Industry News
  • The US Federal Trade Commission (FTC) has launched an investigation into social networking giant, Facebook and its proposed acquisition of Instagram, which threatens to delay the closing of the $1 million purchase according to a report by...

Google concludes that search results are protected by First Amendment

Google concludes that search results are protected by First Amendment
  • Posted May 11, 2012, 9:30 AM by Shawn Knight | Filed in The Web, Industry News
  • Google has come to the conclusion that results obtained through search engines are within the provider’s First Amendment rights. The proclamation is in response to those that have complained that the search giant favors their own products in search results. …

Samsung 55-inch OLED TV coming later this year, yours for $9,000

Samsung 55-inch OLED TV coming later this year, yours for $9,000
  • Posted May 11, 2012, 7:30 AM by Shawn Knight | Filed in Industry News
  • Samsung is planning to release their ES9500 OLED TV in the second half of 2012. The 55-inch television will retail for nearly $9,000 and is set to rival LG’s EM9600 OLED unit, a product that won CNET’s Best of CES…

Diablo 3 most pre-ordered Blizzard game ever, reports Q1 profits

Diablo 3 most pre-ordered Blizzard game ever, reports Q1 profits
  • Posted May 10, 2012, 5:30 PM by Rick Burgess | Filed in Gaming, Industry News
  • In a quarterly earnings report by Activision Blizzard, the company reveals that Diablo III has become the most anticipated Blizzard game ever. Although no specific pre-order figures were given, better than expected Diablo III pre-sales are expected to lend themselves…

Sony posts record high $5.7 billion annual loss, worst in company history

Sony posts record high $5.7 billion annual loss, worst in company history
  • Posted May 10, 2012, 4:30 PM by Shawn Knight | Filed in Industry News
  • Sony has posted a record annual net loss of $5.7 billion, or $5.55 per share, marking its fourth straight year in the red highlighted by declining sales company-wide. The loss is the largest in the company’s 66-year history and close…

Wolfenstein 3D turns 20, celebrates with free web version

Wolfenstein 3D turns 20, celebrates with free web version
  • Posted May 10, 2012, 1:30 PM by Jose Vilches | Filed in Gaming, Industry News With Video
  • This past Sunday marked the 20th anniversary of “Wolfenstein 3D,” the game that essentially laid the groundwork for the first-person shooter genre and influenced many of id Software's titles for years. To celebrate the milestone, Bethesda (which acquired iD Software…

Facebook App Center to include paid apps

Facebook App Center to include paid apps
  • Posted May 10, 2012, 12:30 PM by Shawn Knight | Filed in The Web, Industry News
  • Facebook is joining the likes of Apple, Google and several others by introducing what they call the App Center. The App Center will be the central place for all things apps, giving developers the opportunity to peddle their wares for…

Microsoft limits third-party browsers in Windows on ARM, Mozilla cries foul

Microsoft limits third-party browsers in Windows on ARM, Mozilla cries foul
  • Posted May 10, 2012, 10:46 AM by Jose Vilches | Filed in Software, Industry News
  • Mozilla and Google’s plans to develop a Metro-style version of their browsers for Windows 8 were dealt a major blow this week after it was revealed that Microsoft will restrict third-party browsers like Firefox and Chrome from accessing certain APIs…

New Zealand ISP to offer restriction-free Internet access for all

New Zealand ISP to offer restriction-free Internet access for all
  • Posted May 10, 2012, 9:30 AM by Shawn Knight | Filed in Industry News, The Web
  • Those living outside of key media countries like the US, Canada and the UK typically get the shaft when it comes to viewing certain copyrighted material online. People in these content-blocked regions are physically unable to view material from popular…

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