NokiaA merger between Nokia (NYSE: NOK) and Research In Motion (NASDAQ: RIMM) will never happen. RIM’s BlackBerry runs its own operating system. Nokia has an alliance with Microsoft (NASDAQ: MSFT) to run its Windows…
Retailing giant Target Corp. (NYSE: TGT) will discontinue selling the Kindle family of tablets and e-readers by this summer. The Kindle devices are made by Amazon.com Inc. (NASDAQ: AMZN), and include the…
Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current example is…
Data released last week showed that Samsung passed Nokia (NYSE: NOK) as the top handset maker in the world. Just as impressive, in the high-end smartphone sector, Samsung moved ahead of Apple…
Moody’s warns that Japan’s finances will be hurt if it cannot get acceptance of a new sales tax. (Reuters) New Chinese factory data indicate that the industry’s activity may have bottomed. (Reuters)…
Some fast backpedaling by Korea’s LG Electronics has apparently stopped the claim by a Korean newspaper that the electronics giant is ditching Microsoft Corp. (NASDAQ: MSFT) and the US company’s Windows Phone…
China’s PMI rises to a 13-month high. (Reuters) BP (NYSE: BP) profits fall as it sells some assets to pay for the Gulf spill. (Reuters) New York state pension funds vote against…
The S&P 500 was down slightly last month as was the NASDAQ. For each, it was the first drop since November. The DJIA rose a tiny amount which kept its multi-month rally…
BP’s (NYSE: BP) profits fell as it continues to struggle with the Deepwater Horizon catastrophe. The incident and subsequent oil spill may cost the UK company as much as $20 billion in settlements with…
courtesy Barnes & Noble Inc.Microsoft Corp. (NASDAQ: MSFT) and Barnes & Noble Inc. (NYSE: BKS) announced this morning that the two companies were forming a “strategic partnership,” called ‘Newco’ for purposes of…
Philp Falcone receives extensions from creditors owed money by his high-speed wireless company LightSquared. (Reuters) Social gifting is a growing part of e-commerce. (Reuters) Barron’s says Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) could join…
S&P downgrades Spain and presses for EU action on debt. (Reuters) The U.S. economy slows as inventories fall. (Reuters) The Bank of Japan increases yen purchases to 10 trillion. (Reuters) U.S. companies…
Market research firm comScore Inc. (NASDAQ: SCOR) reported today that the Kindle Fire from Amazon.com Inc. (NASDAQ: AMZN) is the market share leader by a wide margin among tablet devices using the…
Near the rear of AT&T (NYSE: T) and Verizon Wireless retail stores sit smartphones like the HTC Trophy, the LG Vortex and Sony Experia. These usually sell for less than high-end Samsung smartphones and…
Baidu (NASDAQ: BIDU) always has been a very small company compared to Google (NASDAQ: GOOG), although by some estimates it has 80% of the huge China search market. Baidu met analyst estimates for its…
