Nintendo just announced that sales of its Wii game console had reached 30 million units in the US, and had reached that level faster than any other console in history. The celebration…
Reuters: The GM CEO will leave as the company has its IPO. ‘Reuters: Oracle (NASDAQ: ORCL) sued Google Inc. (NASDAQ: GOOG) over Android. Reuters: Germany raised its forecast for the second half…
Nintendo Wii sales have not been particularly spectacular recently. The console is aged and the Sony (NYSE SNE) PS3 and Microsoft (NASDAQ: MSFT) Xbox 360 have new features and have sharply cut…
The newest Kindle e-reader from Amazon.com Inc. (NASDAQ:AMZN) offers many features for a low price, provided that all you want to do is read books. Amazon’s recent announced of a third generation…
Print, which has been on the heart and lung machine for more than a decade, may finally be ready to give up the ghost. Many analysts thought newspapers and magazines would be…
Video game sales were down again in June. The introduction of new games and cut in console prices by Microsoft Corporation (NYSE: MSFT), Sony (NYSE: SNE), and Nintendo (OTC:NTDOY) have been trumped…
Reuters: BP plc (NYSE: BP) shares have recovered as a relief well nears the leak. Reuters: Saudi investors are seeking a 10% to 15% stake in BP. Reuters: Microsoft Corporation (NASDAQ: MSFT)…
Carl Icahn didn’t get what he wanted in his $7/share tender offer for Lions Gate Entertainment Inc. (NYSE: LGF), but he got enough. Icahn’s extended offer period ended June 30th with the…
Game and game console sales have been extremely weak for a year-and-a-half as the recession sapped demand for consumer electronic devices. This has not been offset by price cuts for the Sony…
Amazon.com has already dropped the price of its basic Kindle e-reader by $70 to $189. The moved followed a price cut of Barnes & Noble’s (NYSE: BKS) Nook from $199 to $149…
Hulu, the premium internet content service, is about to charge customers for access to certain TV shows and movies, perhaps the most important experiment ever to test whether consumers are willing to…
Sony (NYSE: SNE) CEO Sir Howard Stringer spends his time jet setting among his offices and homes in Tokyo, New York, and his native Wales. Sony has lost money two years in…
Reuters: A plan to isolate swaps from bank deposit assets will be in the financial reform bill. Reuters: The Volcker rule would prevent mergers among large banks. Reuters: Facebook’s 2009 revenue was…
Reuters: Credit rating agencies will not be heavily regulated under the new financial reform bill. Reuters: AT&T (NYSE: T) had privacy problems with its iPhone 4 order system. Reuters: The EU, IMF,…
Updated throughout the day. Walt Disney (NYSE: DIS) is in new talks to sell Miramax (LA Times) Sony (NYSE: SNE) Discovery Communications, and IMAX will launch a 3D venture (NYPost) AT&T (NYSE:…
