About ten years ago, Microsoft (MSFT) made an effort to invade the American living room by offering connections among PCs, TVs, DVRs, game consoles, and broadband. No one hears about the initiative any more…
Sprint (S), still losing subscribers to AT&T Wireless and Verizon Wireless each quarter, is down to 48 million cellular customers. Many analysts believe the number will go lower. Its relationship with Palm (PALM) did…
Reuters: Toyota (TM) told regulators it is looking at how to fix 1.2 million Corollas. Reuters: A Chinese export body said a rise in the yuan would be destructive. Reuters: China Mobile’s (CHL) revenues…
A look at the “hardest working” major brands for 2009 shows that a number of them belong to companies which have done poorly and, in at least one case, may file Chapter 11. This…
Google (GOOG) may have to rename its Nexus One because of trademark infringement issues, but whatever the handset it is called Sprint (S) will distribute the product. “Nexus One, the first wireless phone sold…
The US Patent and Trademark Office has denied Google’s application for its “Nexus One” trademark. Several media sources say that “a likelihood of confusion” with a trademark held Portland, Ore.-based Integra Telecom Inc. Google’s…
The World Bank issued its quarterly update on the Chinese economy. The organization said that because the world’s most populous nation had GDP growth of 8.7% during the worst of the recession, the People’s…
Updated throughout the day. Richard Fuld, former CEO of Lehman, feels that the 2,200 page report on the collapse of the firm “vindicates” him (NYPost) Renaissance Technologies may close two of its funds (WSJ)…
There has been a great deal of speculation that Greece might resign its spot in the Eurozone so that it can use its own currency as a way to handle its debts or perhaps default…
Research-In-Motion (RIMM) shareholders have been concerned for some time that the Apple (AAPL) iPhone is such a good product that consumers would begin to switch to Jobs & Co. products. Those concerns have been exacerbated…
If Google (GOOG) closes its Google.cn Chinese search portal, it will be tough luck for the American company which looked forward to getting an increasing shares of its revenue from the People’s Republic’s 400 million…
Every car sold in America, and perhaps the rest of the world, is broken or dangerous to drive so it seems. Toyota (TM) has recalled more than eight million cars. Ford (F) says there are…
The FCC has argued to Congress and the public that the US is well behind most of the rest of the civilized world in terms of its distribution of broadband and the speed of…
Blockbuster (BBI), the world’s largest movie rental chain, has all sorts of problems. It is nearly insolvent. Its model of renting DVDs from stores has been largely bypassed by online operations such as NetFlix (NFLX). VOD…
Reuters: China took a hard position on the value of the yuan despite US pressure. Reuters: Google’s (GOOG) ad partners in China expressed concerns about its plans. Reuters: If banking laws change, Goldman Sachs…
CIT Group, Inc. (NYSE: CIT) is out of bankruptcy, has John Thain as its new CEO, and is trying to get on with life in ‘the new normal’ in a sector where making money…
Google (GOOG) has created a version of its Nexus One Android-powered phone that will work on the AT&T (T) wireless network. That is a large step up from the T-Mobile network that Google used to…
When Exxon Mobil Corp. (NYSE: XOM) announced that it was going to acquire XTO Energy Inc. (NYSE: XTO)for $31 billion in an all-stock transaction ($41 billion after debt assumption; with 0.7098 in the XOM/XTO…
As expected, despite a belief that rates need to rise from here, the FOMC announced decision on interest rates leaves the 0.0% to 0.25% Fed Funds rate target unchanged. A 9-1 vote, with Hoenig…
If all goes smoothly, the future of Tiger Woods and the media may finally be back to him being the biggest golf star ever rather than the subject of tabloids and celebrity television stalking…