Category Archives: Tech

Skype IPO $100 Million ADR initial public offering

Luxembourg based Skype, the Internet phone / video phone heavyweight, has filed papers with the [SEC] Securities and Exchange Commission for a $100 million [ADR] American Depository shares [IPO] initial public offering on the NASDAQ Global Market.

It is not known precisely when the shares will be available or at what price.

Skype said the IPO is an opportunity to achieve significant global scale and user growth that may allow the pioneering internet phone company to break the $1 billion mark in revenue by 2011.

Advertising on Skype or charging a modest fee for the video feature would boost revenue dramatically.

In 2010 Skype has more than $400 million in sales from only 8 million paying users out of its 560 million total users who use the real time internet video communication service online.

Skype’s P2P telephony allows users to connect with other users online to make free telephone calls. The Skype IPO looks like a buy.

Free services [freemium] to registered users include instant messaging, file transfer and screen sharing plus voice and video / conference calls to anyone else on Skype.

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BlackBerry Ban in UAE and Saudi Arabia

A BlackBerry Ban has been announced for the United Arab Emirates and Saudi Arabia by Oct 11, 2010.

The UAE claims BlackBerry features operate outside the country’s laws causing social and national security concerns.  

BlackBerry’s data is encrypted and routed through RIM’s servers overseas meaning it cannot be monitored in Dubai for illegal activity.

Research in Motion said it would not give in to the Arab nation’s demand as they do not disclose details of discussions worldwide so both countries will restrict the use of BlackBerry mobile communication devices in the Middle East.

The BlackBerry ban would inconvenience business travelers and 100,000 foreigners and locals passing daily through the Dubai International Airport.

The UAE BlackBerry ban will also affect roaming services on foreign BlackBerry phones, plus e-mails, instant messaging and internet browsing.

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Apple unveils iPod iPhone hybrid

Apple unveils its iPod iPhone hybrid

Apple has unveiled a gadget named Rokr that combines its hugely popular iPod music player with a mobile phone.

Apple unveils iPod iPhone hybrid September 08, 2005 newsbyphotos

Apple unveils the iPod iPhone hybrid named Rokr that combines its hugely popular iPod music player with a mobile phone.

Apple boss Steve Jobs says the hybrid iPod/iPhone device will be able to store about 100 songs and play them out randomly like the iPod Shuffle.

Developed by Motorola for Apple the Rokr will first be available on the network of US mobile operator Cingular.

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Vodafone launches BlackBerry Smartphone

Vodafone launches the BlackBerry 7100v smartphone. Vodafone’s new BlackBerry 7100v is smaller, lighter and better.

Vodafone launches BlackBerry smartphone

Vodafone has launched the new BlackBerry 7100v smartphone which is smaller, lighter and better than ever.

The 7100v is a quad-band GSM/GPRS mobile phone weighing 120g and measuring 5.6cm wide x 11.9cm deep x 1.9cm thick.

This is the smallest BlackBerry device and also smaller than the Treo 600 from PalmOne.

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