News Byte

Apple’s New iPad Hits 30 More Countries This Weekend

Whatever supply constraints Apple once faced with the new iPad, it appears to have resolved them. The company will launch the device in an additional 30 countries including Brazil, Argentina, Egypt, Saudi Arabia and Taiwan. Noticeably absent from this latest rollout list: China. With the addition of those nations, the total number of countries in which the new iPad is available for purchase will be almost 90.

Updated S-1: Facebook’s Yearly Revenue Growth Up 45 Percent, But Down Six Percent From Last Quarter

Will the new results cause investors to worry?
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Brazil’s Eike Batista Signs Deal With IBM

Brazilian billionaire businessman Eike Batista on Wednesday unveiled the latest in a series of high-profile partnerships, bringing U.S. technology behemoth International Business Machines Corp. into his burgeoning industrial empire.

How E-Commerce Is Expanding Internationally, One Package at a Time

Retailers are realizing that another way to juice revenues is to open up their sites to international markets — if they can manage the logistics.
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Tim Cook on His First Four Months as Apple CEO: Just Look at the Results

Always humble, Cook gave his colleagues most of the credit, but said that the company’s recent financial results speak for themselves.
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A Look Back at IBM’s Palmisano Era and the China Strategy

Palmisano will be remembered as the man who sold IBM’s PC division to China’s Lenovo. Seven years later, it seems to have been a good trade for both parties.
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News Byte

Brazilian Social Games Company Pays Zynga to Settle Copyright Issues

San Francisco-based Zynga, which is on track to go public next week, has settled a lawsuit against Vostu, a social-game maker in Brazil that Zynga accused of copyright infringement. In a joint statement, the two said: “As part of the settlement, Vostu made a monetary payment to Zynga and made some changes to four of its games.” Terms were not disclosed. Vostu claims to be the largest social game company in Brazil and is backed by Accel Partners, Tiger Technology Global Management, Intel Capital and General Catalyst Partners.

China’s Lenovo Proves There’s Life in the PC Market Yet

China-based PC maker Lenovo today reported profits that grew 88 percent and officially became the No. 2 PC maker in the world, behind Hewlett-Packard.
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China Now Accounts for 16 Percent of Apple Revenue

China, which is the company’s second largest market, accounted for 16 percent of Apple’s sales during the past quarter, with $4.5 billion in revenue, a year-over-year increase of 270 percent.
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The Future of Social Gaming Isn’t All About Facebook

In fact, other platforms are slated to represent much larger opportunities than Facebook, according to a recent study.
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LinkedIn Reaches 100 Million Users