TL;DR

Reporting: business

As Earnings Falter And SimCity Fires Burn, John Riccitiello Steps Down As EA CEO

In business

Electronic Arts CEO John Riccitiello has announced he will step down from the position, supposedly due to poor sales and bad PR on software from the last couple of years.

Rising stocks yield 300,000 new US millionaires

In business

The number of people in the US with a net worth of $1 million has risen thanks to a rise in share prices. The total number of millionaires currently only just misses out on the all time record set in 2006.

Apple Jumps To Second In Revenue In India’s Smartphone Market Says IDC, Thanks To Shifts In Distribution Model

In business

Apple has increased it’s smartphone market share in India by utilising small local businesses to help distribute the iPhone.

Dear Telstra, leave my interwebs alone

In business

The Australian ISP Telstra is set to begin throttling the use of P2P networks for their ADSL customers in the hope they will stop piracy.

Thieves Rob Microsoft Office, Take Only iPads

In business

Microsoft’s Research Center in Silicon Valley has been robbed by thieves, however, only $4000 worth of iPads were stolen and all Microsoft products were left as they were.

China will be Apple’s biggest market, CEO says

In business

Apple CEO Tim Cook has told the Chinese press that he believes that China will become the biggest market for Apple products. They’re currently the second largest market behind the United States.

Call of Duty: Black Ops 2 sales reach $1 billion in 15 days

In business

Activision has announced that Call of Duty: Black Ops 2 has grossed $1 billion in just 15 days. That’s 1 day quicker compared to Modern Warfare 3 and 2 days quicker compared to James Cameron’s Avatar.


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