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Al Gore Buys 59,000 Apple Shares For Just $7.475 Per Share

According to a filing with the Securities and Exchange Commission, former Vice President and Apple board member Al Gore has bought 59,000 shares of the company for just $7.475 per stock by exercising his Apple stock options, CNET reports. Gore's total investment in Apple is now worth around $29.5 million. The report notes that Al Gore paid around $441,000...

Employee Reveals Why Apple Acquired Lala Music Service

Aubrey Johnson, former employee at Color video streaming service that was Acquired by Apple last year, has revealed in a blog post why the Cupertino company acquired Lala music service having already bought Color Labs, both of which were founded by veteran Bill Nguyen (via MacRumors).  Johnson says that Apple wanted to take advantage of Lala's...

Sharp to Reduce iPad Screen Production to Minimal Levels

Sharp's iPad display production has dropped to a minimal level due to a gradual slowdown recorded at the end of last year. Consumers seem to prefer the iPad mini over the 9.7-inch iPad, the Reuters report suggests, although its sources didn’t speculate as to whether the slowdown can be attributed to seasonal changes in demand...

Apple CEO Tim Cook Faces Deposition Order Over Antitrust Case

According to a report by Reuters, Apple CEO Tim Cook was ordered by Judge Lucy Koh to give a deposition in an ongoing antitrust case, which alleges numerous Silicon Valley companies colluded to not poach each other's employees: At a hearing in San Jose, California federal court on Thursday, U.S. District Judge Lucy Koh also...

Apple Launches ‘Read Them Here First’ Section in Newsstand

TechCrunch notes Apple has launched a new section for Newsstand called "Read Them Here First" which allows Hearst magazines to be available on iOS before print or other digital subscriptions. Currently, there are 20 titles available in the Canadian App Store with top magazines such as Car and Driver, Cosmopolitan, O, and Popular Mechanics. This...

Bump for iOS Updated with Support to Share Dropbox Files

Popular file sharing app Bump has been updated to share files from Dropbox, which builds on its former update to introduce file sharing for videos, audio files, and documents on your iOS device. What's also great about Bump is the ability to quickly share photos to your computer web browser by visiting http://bu.mp. How to setup...

Northwestel Announces $233M Modernization Plan to Expand 3G Networks, DSL

Northwestel has announced its modernization plans to spend $233 million over five years to expand its wireless, DSL and cable infrastructure to northern communities: “We have developed a modernization plan that delivers for our communities,” said Paul Flaherty, President and Chief Executive Officer at Northwestel. “In addition to supplying more northern communities with enhanced services,...

Instagram Tops 90 Million Monthly Active Users, 40M Images Shared Daily

AllThingsD reports Instagram has released monthly active user data for the first time (instead of just revealing registered users, which were at 100 million in December). Currently, there are 90 million monthly active users posting 40 million pictures per day. The numbers were posted to Instagram's press page: Even with some users 'revolting' over the company's...

The Decision Making of Rogers’ CEO Profiled by the Financial Post

The Financial Post details the business moves made by Rogers CEO, Nadir Mohamed, and how his key decisions have affected the company, since he took up the position four years ago. Recently, Rogers announced it had made a $700 million deal with Shaw to acquire Mountain Cablevision and the latter's unused wireless spectrum (Rogers also...