Google (GOOG) has a three-year deal to sell search advertising on News Corp’s (NWS) huge social network MySpace. The arrangement will soon be up for renewal. Google did not get a return…
Reuters: Central bankers in the US and Europe are battling deflation and inflation simultaneously. Reuters: GM (GM) is close to bankruptcy but the fate of Opel is still open. Reuters: Citigroup (C)…
The bets are on that General Motors Corp. (NYSE: GM) is done as far as the current stock is concerned. While it seems that the equity holders of today will keep 1%…
There is news out today that social networking leader Facebook has secured a $200 million financing from Digital Sky Technologies, an internet investment group with significant stakes in Eastern European and Russian…
Microsoft (MSFT) has come up with a name for its new search engine technology–“Bing”. The world’s largest software company is prepared to spend as much as $100 million promoting the product. There…
The West, particularly the US, has been able to hang onto its lead in technology innovation for the better part of thirty years while the manufacturing economy was driven by cost savings…
Reuters: Bears control the dollar because of concerns about the deficit and heal of the US economy. Reuters: Crunch time looms for the GM (GM) and Chrysler restructurings. Reuters: The US is…
The Russians are coming! The Russians are coming! Based on a report in The Wall Street Journal, Digital Sky Technologies, a Russian investment group wants to put $200 million into Facebook for…
When Rupert Murdoch’s News Corp (NWS) bought MySpace for $580 million, Wall St. viewed it as a brilliant move. Murdoch got one of the fastest-growing properties on the Internet and it was…
Reuters: Congress passed a bill to put restrictions on credit card companies. Reuters: The Fed mulled increasing securities during its April meeting. Reuters: Geithner said the US was making progress fighting the…
The most provocative question about huge social networks like MySpace, Facebook, and YouTube is whether they will ever make money despite the tens of millions of users that they have. The money…
The development and growth of technology has had some unexpected and unpleasant side effects. One is the death of privacy. People with cell phones snap pictures and take videos of strangers. Webcams…
Douglas A. McIntyre Microsoft says it will introduce its new search engine within the next few days. The world’s largest software company has called the project “Kumo.” It may change that name before the public…
Google (GOOG) wants to know which of its employees will quit. That is natural since a number of its senior staff have left for positions at other online companies. For the first…
Douglas A. McIntyre Reuters: Twitter will release business tools in an attempt to make money. Reuters: A GM (GM) bankruptcy is seen as nearly inevitable. Reuters: American Express (AXP) will cut 4,000 jobs. Reuters: Obama…
