“It’s the lightest and thinnest phone we’ve ever built, iPhone 5.”

The iPhone 5. Bigger, thinner, lighter, “better.”

Apple made some new updates to the iPhone 5 such as LTE, panorama, new maps application, A6 chip and FaceTime without wifi. The new design is thinner and lighter. The connector changed as well, the cord that has connected and charged all Apple products since 2003.

The new iPhone 5 connector.

I found the iPhone 5 a huge disappointment. What they claim that’s “new” in the iPhone 5, it was already out or a useless function. The LTE service in a smartphone was available early as 2010. It also drains the battery of the phone. FaceTime will use a lot of the phone’s cellular data, resulting in a big bill. Since google is entering the smartphone business, Apple decided to take the google maps out. I have an iPhone myself and I think Apple’s map is the biggest joke. Area’s are labelled incorrectly, addresses couldn’t be found, and the Translink trip planner isn’t included. As a student, that’s the most important part of the phone.

If the company continues their business at this pace, Apple will become the new Blockbuster.

Read more here.

Nexen Inc. is an gas and oil company based in Calgary. Now, China National Offshore Oil Corporation (CNOOC) offered a $15 billion deal to buy a major Canadian petroleum producer.

The Board Directors of Nexen has all agreed to accept China’s offer. The big question; Will Canada’s government approve this business proposition? Ever since CNOOC made this offer, Nexen’s stock market increased by ten percent.

China National Offshore Oil Corporation (CNOOC) is the major national oil company in China, interested in purchasing Nexen.

Currently, Canada is only selling their oil products to United States. If this business plan is approved, Canada has the potential in expanding the oil business world wide. This will result in multi-markets in Canada’s oil business.

The economy in the States is pretty bad and Europe is collapsing because of the debt crisis. Canada has the chance to strength their economy and make better relationship  with China. China is a developing and strong country. I believe there will be a day when China will be as powerful as the United States. So having a good relationship with China could be beneficial for Canada in the future.

I remember when I was a little boy, my parents would drive by the nearest gas station and find the price at $0.49 a litre for regular. Now that we’ve all grown up, go for a drive and fill up the tank. How much is it now?

Throughout the last ten years, gas prices has been slowly climbing up the ladder. In Montreal, there was a night when their gas prices was $1.53 a litre. Throughout Canada, gas price ranges from $1.17 to $1.40. Roger McKnight, senior petroleum adviser with Oshawa-based energy consultants said, “There is absolutely no reason for this price increase at this time, especially for gasoline.

An unhappy driver fills up his tank at a ridiculous price.

In our everyday society, technology has made some huge advancements so gasoline is somewhat on our “needs” list. Such as riding the bus to school, driving to work, heating up the house, etc. I think the oil companies have a very “powerful hand.” Even if they increase the price of their products, consumers still need to buy it. The demand may go down a little, but the oil companies still make a lot in profit.

Read more here.