Saturday, December 22, 2012

Nokia And RIM Settle Patent Dispute

Nokia and RIM have been engaged in a lawsuit relating to patents owned by Nokia with regards to WiFi, and now the two companies have announced that they have managed to come to an agreement that puts and end to the dispute.
RIM will make a one time payment to Nokia, as well as ongoing payments to liscense the patents in question from Nokia, although no details on how much the payments are were revealed.

 Obviously this is good news for both Nokia and RIM, who managed to settle their dispute without the need for lengthy court cases between the two companies.

Foxconn invests $200 million in GoPro

Foxconn is one the biggest manufacturers of technology products for other companies in the entire world. The company makes a number of the most popular products in the world such as the iPhone and iPad from Apple as well as game consoles from both Sony and Microsoft. Foxconn has announced today that it has made a significant investment in sports camera maker GoPro.


Foxconn has acquired a $200 million stake in GoPro purchasing 8.8% of the company. The$200 million buy in also gets Foxconn founder and CEO Terry Gou on the GoPro board. Foxconn’s investment values GoPro at $2.25 billion.
GoPro cameras are used for a wide variety of reasons from video taping motorsports to the production of TV shows and more. “Needless to say, we are over the moon to have Terry Gou and Foxconn join us on our mission to scale GoPro into one of the great enabling companies of our time,” said GoPro Founder and CEO, Nicholas Woodman. “Foxconn and GoPro see a future where personal content capture and enjoyment will play an increasingly important role in our lives and we’re excited to combine efforts to strengthen GoPro’s position in that future.”

US tablet owners doubled in 2012

It was way back in 2010 that tablets started getting wide adoption, with the first iPad, but it wasn’t until 2012 when suddenly they started appearing in almost every home. In fact, tablet ownership has reportedly doubled in the United States in 2012, according to Forrester

 A survey covering almost 60,000 Americans concluded that 19% of them owned a tablet. The survey was for adults 18 years old or older, and found that the elderly are the slowest in tablet adoption, which isn’t surprising. People 47 or older were the ones least likely to own a tablet, with 14% of them having tablets, which is double the number from 2011.
That’s no surprise when you realize that 84% of adults go online every day, up from 78% last year. Tablets are everywhere.