When Apple fans start shelling out for the new iPhone 5 Wednesday, most will be retiring older, but still perfectly good, smartphones to the backs of desk drawers -- or the trash. But the smart tech junkies will be getting paid cash for their former phones by selling them on "recommerce" sites.
Faced with intense competition from GPS-enabled smartphones with free navigation software, TomTom, the popular Dutch developer of portable navigation systems, announced Wednesday it is seeking to broaden its revenue base. But the announcement didn't offer much in the way of specifics.
Microsoft's Bill Gates, Berkshire Hathaway's Warren Buffett and Apple's Steve Jobs are all household names in addition to being among the wealthiest people in the country. But do you know Fred DeLuca, Peter Buck or Donald Hall? Probably not. Yet their products are likely an integral part of your daily life.
GPS software- and hardware-maker TomTom slashed prices on its iPhone turn-by-turn navigation app, The Unofficial Apple Weblog (TUAW) reported Monday. The new price for the app providing directions in the U.S. is $49, well down from the original price of $99, as reported by Engadget.
