Hasta La Gadget!

Square, the mobile credit card processing company is currently going through financial difficulties, is on the lookout for someone to fork out enough money to take over the company. In fact, it seems as though Square has already been talking to a number of firms, at least according to a report in the WSJ. Earlier this year, one of the companies that certainly had the financial means to pick up Square, Google, did express an interest in Square, but there were no talks of a buy-out.

Square’s credit card readers will actually hook up to the earphone jack on Android and iOS powered smartphones and tablets, enables users to accept credit cards as well as debit cards located outside of a store or office. Once a card is swiped, Square would then start to process the transaction, it will send back a confirmation number, apart from arranging to have the funds deposited with the vendor’s bank.

Sources familiar with Square’s financials touted that the company had bled $100 million in 2013, and since 2009, the company has already raised $340 million from different funding rounds, with more than half of that money allegedly used up already. Who do you think will eventually pick up Square? Have you made use of Square’s services before?

Square Looks Out For Buyers , original content from Ubergizmo, Filed in Gadgets, square,

No product has even been made better when functionality follows form, and Apple’s decision to only include USB ports on the back of its iMacs has been frustrating desktop computer users for years. An ugly USB extension cable makes life with an iMac considerably more enjoyable, and now, thanks to Bluelounge’s new Jimi, it doesn’t even have to be ugly.

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Apple is due to report its second quarter results on Wednesday. The company’s own guidance for this quarter puts revenues between $42 billion and $44 billion. This announcement actually caused Apple stock to dip as analysts initially expected earnings guidance to be north of $46 billion. 37 different analysts polled by Fortune are of the view that Apple sales will be flat this quarter with revenue expected to be around $43.5 billion. During last year’s second quarter the company’s revenues stood at $43.6 billion.

There is already rising speculation that investors aren’t happy with the way Apple has plateaued. They’re not seeing any significant growth, even though Apple is in no risk of losing its market share and has been posting net profits quarter after quarter. Some might consider this as a best case scenario, that at least revenues aren’t free-falling, but major investors might not see it that way.

Previously an analyst claimed that investors have low expectations from the iPhone 6 because apparently they’re of the view that it won’t be enough to push Apple towards growth. They won’t lose money if sales remain flat and Apple continues to sell millions of units like it does every quarter. But they certainly won’t make more.

iPhone aside, there’s widespread belief that Apple needs to introduce truly new products in order to kickstart growth. While the CEO has said that Apple intends to enter new product categories in 2014, so far nothing new has materialized.

Analysts Believe Apple Sales Will Be Flat This Quarter , original content from Ubergizmo, Filed in Apple, iphone 6,

Making certain the presentation of their game is left up to their own crew, Bethesda Softworks have released a 30-minute gameplay video of Wolfenstein. This game goes by the full … Continue reading

Back in September last year Nokia announced that it is going to sell its devices and services business to Microsoft for north of $7 billion. A multinational deal of this scale requires regulatory approval, provided that the company’s shareholders don’t vote against it. Nokia’s shareholders voted overwhelmingly in favor of the deal, which then received the aforementioned approval. Microsoft previously said that it expected to close the deal this month and today it has confirmed that the deal closes on Friday, April 25th, 2014.

The announcement comes following revelation that Nokia’s phone business will be called Microsoft Mobile once the deal is closed. The original deal between Microsoft and Nokia didn’t address management of online assets. Both companies have agreed that Microsoft is going to manage Nokia.com doman as well as social media sites such as Facebook and Twitter for “up to a year.”

The deal has also been adjusted to bring 21 Nokia employees in China working on mobile phones to Microsoft, where they’ll continue their work. The biggest adjustment made in the deal is that Nokia’s Korean manufacturing facility, which would have gone to Microsoft, will now not be acquired by Redmond.

It is unclear right now if Microsoft will immediately stop using Nokia branding for smartphone after the deal closes. Presumably it may want to stick with the existing branding for some time to ensure that there’s a smooth transition.

Microsoft Nokia Deal Closes April 25th , original content from Ubergizmo, Filed in Cellphones, Microsoft, Nokia,