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Japan, China rank Top 5 in Global Patent Applications Ranking

Japan had 32,156 patent applications while China had 12,337 in 2010, according to World Intellectual Property Organization’s (WIPO) estimates. When most countries experienced a decline in patent applications growth last year, Japan managed to record a growth rate of 7.9 percent. While China, the world’s largest Internet market grew by a whopping 56.2 percent. ZTE […]

Online Retail Spending Tops Record $40 Billion

U.S. online retail spending reached a record $43.4 billion in the fourth quarter of 2010, an increase of 11 percent over a year ago, according to a new report from comScore. This growth rate is the fifth consecutive quarter of positive year-over-year growth and second quarter of double-digit growth rates in the past year. “Retail […]

CDs To Get Cheaper: Will You Buy Them? [POLL]

Universal Music Group will drop the prices on the majority of its new CD releases to between six and 10 dollars. This plan — dubbed the Velocity program — will go into effect in the second quarter of this year. UMG hopes this plan will at least slow the serious decline in CD sales that […]