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In the world economy Cocaine ranks amongst one of the highest grossing commodities at approx $78 billion a year, and even thought it’s not traded on the stock exchange, it sure as hell used there! So how do you stop an economy that’s so large it could pay most 3rd …

Are you a fan of the Fifth Element movie? would you like to get hold of a flying car to get to work? You might not have to wait too long for the reality. Terrafugia Inc have announced yesterday that their prototype flying car has completed its first flight which …

Dell has agreed to acquire Wyse Technology, a move which could help them support their business sector customers. The deal has not yet been closed but is expected to in the second quarter this year. Wyse Technology was founded in 1981 and originally created desktop terminals which could replace desktop …

The smartphone market is dominated by Apple and Samsung, according to a study issued by Canaccord Genuity which we received by email last night. The two companies combined account for a staggering 95 percent of the handset market profits during the fourth quarter. Apple accounted for 80 percent of the …

Technology is cool, but every now and then KitGuru loves flipping around the web and finding other sources of news and entertainment that may well put a smile on your face. Today is no exception. America, like the UK, relies on innovation. In recent years, that has centred on entertainment …

Samsung are focused on achieving record sales in 2012. They want to increase by 30% on year growth with notebook shipments. Samsung have had problems driving their PC business outside of South Korea, even though the handset market is very different for them worldwide. They have a staggering 50 percent …

China is by far the largest country, weighing in at 1.35 billion people in an official estimate taken at the end of 2011. So it comes as no real surprise that China has just crossed the big billion threshold for mobile phone subscriptions. According to China's Ministry of Industry and …

Steve Jobs would be proud of his successor Tim Cook. The latest Apple CEO claimed the top spot in a survey of highest rated CEO's complied by career site Glassdoor. Cook achieved a staggering 97 percent approval rating, which matched Job's score of 97 percent when he stepped down in …

With Foxconn under the spotlight for poor working conditions over the last couple of years, it appears they have adapted to change staff hours. Foxconn have decided to cut overtime for the 1.2 million people who work for them while promising compensation that will protect the employees against losing income. …

When Game stores first launched in the UK high streets, they brought with them ‘death for the little guy’. Now, in turn, the overall workings of the game-buying market have created a situation where Game’s existence seemed to be at an end, until a white knight rode in. KitGuru leaves …

While Katie Melua might have sung about the nine million bicycles that can be found in China’s capital city, she did not mention anything about the rate of import. Right now, Taiwanese IT manufacturers are looking over at their cycle-making cousins with an unhealthy shade of jealousy. KitGuru dons the …

The universe is all about action and reaction. You can tell how bad something was by the things that follow. Seeing Visa shares drop in value by almost 1% in a day and Mastercard by almost 2%, tells you almost everything you need to know. KitGuru fills in the scary …

With half the UK population using Facebook, it's easy to find an opinion on whether the upcoming change over in style/layout to Timeline is a good thing. Even a quick search of the web reveals a huge amount of negative opinion being directed against the new format. One small group …

An audit of Foxconn’s Chinese factories has led to ‘serious and pressing’ concerns regarding workers’ conditions. Despite numerous reports of the manufacturer’s lack of regard for worker safety, the factories have not yet seen anything ‘official’ criticise them. Apple have also been heavily criticised for continuing to have the millions …

If you're eagerly awaiting the arrival of a jailbreak for your iOS 5.1-running A5+ powered device including the iPad 3 you could still be waiting a fair while, as indicated by French hacker Joshua Hill, otherwise going by the name of Pod2g as per his Twitter handle. It would seem …

It’s now becoming quite common for the odd scuffle at Apple stores over in China but this one shows that the trouble can start even before the store opens and from the most unlikely people. It seems that the Dalian shopping mall was unhappy at a new shopping centre opening …

In a highly competitive smartphone market there are bound to be winners and losers at the end of the financial year. Rising star Huawei hopes to be one of the winners. In a recent interview with Mobile World Live yesterday Huawei's Chairman of Devices, Richard Yu, discussed the future of …

Best Buy have recorded losses of $1.7 billion over the last quarter, which is down from $651 million profit in the same period 2011. Over the full year they have announced $1.2 billion losses, compared to $1.3 billion profit the year before. They are cutting 400 job cuts from their …

Half of all American homes own at least one Apple product, according to research from CNBC. The CNBC ‘All America Economic Survey‘ shows that at least 55 million homes have a single Apple device, such as an iPod, iPad, Macintosh or iPhone. The research adds that at least one in …

One of the more interesting stories to emerge today focuses on Amazon CEO Jeff Bezos. He has been pumping his own money into rescuing the Apollo 11 Rocket engines from the Atlantic Ocean. The five F1 engines were discharged during the flight and they dropped into the Atlantic Ocean 40 …

Research In Motion, the creator of BlackBerry phones have announced that they are abandoning the consumer smartphone market to concentrate on business users. This return to their ‘roots' has been seen as a positive move for the company, as they will divert all resources to the area of their business …

Google Drive has been in the press a lot in the past few days thanks to a new set of rumours and leaks. A couple of days ago there was a rumour that Google's cloud storage solution would have 2 GB of storage, with incentives offering more storage, just like …

Google strives “to make technology so simple and intuitive that you stop thinking about it,”  but still wants to offer us the chance to take a step back from it all. As a result Google has just launched Account Activity which is essentially a personal analytics tool for your entire …

It looks like this summer will be a hot one, and not just the weather. The new Google 7” tablet looks set to be released this year and with it will come one of the hottest price wars we’ve seen to a long while. Google have decided to go in …

Are you looking to get new car insurance? Battling to find the cheapest, most competitve deal? They fear not, because MoneySupermarket have developed an application which will work on the iPhone, Android and iPad. They claim that people who use and buy insurance from MoneySuperMarket will save an average of …

Amazon have experienced a high level of success with the Kindle Fire in America, achieving strong sales in the budget sector of the tablet market. The latest news indicates that they are preparing to launch at least two more tablet computers later this year. Digitimes have said that the number …

Tim Cook, Apple CEO has decided to visit China this week, on a relationship building exercise, visiting many dignitaries and partner factories. One of the high profile press events occurred at a troubled Foxconn factory in China. China is a huge market for all the major technology players, and they …

News has reached us that Epic Games have agreed to licence the Unreal computer games engine to several US government agencies including the FBI The Unreal engine is used in such titles as Batman: Arkham City and Mass Effect 3. The full extent of the financial deal has not been …

Without doubt, the launch of the GTX680 has been exactly what nVidia fan bois would have wanted. It might swap the lead with high end Radeons in multi-card configurations, but as a single card, it's quick. Very quick. KitGuru listens to channel rumours about meat dangling and other temptations. Consumers …

To celebrate moving into their new company headquarters, Facebook CEO Mark Zuckerberg decided to hold a hackathon. As a result some employees took to the roof and painted a massive 42 foot wide QR code. After a night of hard work (and hoping they had got the dimensions right) they …