Sharp signs licensing agreement with Microsoft to use exFAT Technology

pen and agreement - BSN

(Best Syndication News) - Microsoft Corp. (Nasdaq: MSFT) announced that they have entered into an IP licensing agreement with Sharp Corp. that will allow the use of their Extended File Allocation Table (exFAT) technology.

The new exFAT technology distributed by Microsoft is often found in Smartphones that have the Android operating system. The agreement will allow Sharp to use the exFAT file system in their products.

Apple OS X Mountain Lion Release reaches Three Million Downloads

Going up chart - BSN

(Best Syndication News) - Apple announced today that in only four days after OS X Mountain Lion was released, over three million downloads occurred. This is the ninth major release of Apple’s OS X operating system. Mac users who have the Lion or Snow Leopard revisions were able to pay $19.99 US dollars for the latest revision.

According to Philip Schiller, Apple’s senior vice president of Worldwide Marketing, the latest Mountain Lion release is their most successful release the company has ever had.

Customers can download the OS X Mountain Lion software at Apple’s Mac App Store. With each sale being $19.99 and multiplied by 3 million downloads, the revenue created for Apple was considerable. Apple could have potentially generated around $60 million in sales from the OS X Mountain Lion release in only four days.

Former Google Exec appointed to CEO position at Yahoo!

Shift key - BSN

(Best Syndication News) - Marissa Mayer has been appointed the position of President and Chief Executive Officer, and a Member of the Board of Directors at Yahoo! (NASDAQ:YHOO). The company announced that Mayer will be starting her new appointment on July 17, 2012.

Prior to working at Yahoo!, Mayer was an executive at Google and was in charge of the Local, Maps, and Location Services. Mayer started working at Google in 1999. She also helped launch over 100 features at Google, such as image, book, product search, toolbar, iGoogle, Google News, and Gmail.

Starbucks to operate Manufacturing Facility in Augusta, Georgia

Mocha Coconut Frappuccino® blended beverage - credit: Starbucks

(Best Syndication News) - Starbucks Coffee Company (NASDAQ: SBUX) held a groundbreaking ceremony on July 13 to begin construction of their first company-owned manufacturing plant in Augusta, Georgia. The plant is expected to cost $172 million to build, and the company will create 140 jobs once the facility is up and running.

The new jobs will require around 75 percent of the workforce to be skilled processing workers. This includes maintenance and engineering technicians, along with roasting operators, soluble process operators, and packaging operators. The management and administrative staff will make up the rest of the jobs.

Teen Survey on Finances demonstrates need for more Guidance

Money - BSN

(Best Syndication News) - Teens are not money savvy and parents were not confident discussing finances with them, a new survey found. A survey conducted on behalf of Capital One and ING DIRECT USA found that around one out of four teens between 12 and 17 years of age thought incorrectly that a debit card was borrowing money from the bank.

The survey was conducted to learn more about how teens spend and save their money. In the survey, 35 percent of the teens said that the most important financial lesson they wanted to learn is how to save their money. Another 28 percent wanted to learn how to budget.

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