The attention of international capital markets is likely to turn to Italy now that Spain has gotten a $125 billion reprieve for its economy and troubled banks. Although Greece remains a concern, Italy is…
Andy Rubin, one of Google’s (NASDAQ: GOOG) senior engineers, claimed in a tweet that over 900,000 Android devices are activated each day. He did not mention the source of his comments. Android…
A rate cut in China prompts some economists to worry that May economic data will be weak. (Reuters) In the wake of its ratings downgrade by Fitch, Angela Merkel says that the…
Sprint Nextel Corporation (NYSE: S) already has the iPhone for its namesake brand. Now we have word that its Virgin Mobile USA is following the lead of Leap Wireless International Inc. (NASDAQ:…
Apple’s (NASDAQ: AAPL) best hope to keep from losing substantial market share to Samsung in the United States is to block the distribution of the South Korean firm’s new Galaxy S III. The Samsung…
LinkedIn (NYSE: LNKD) and eHarmony suffer data breaches that allow millions of passwords to be released. (Reuters) Janet Yellen of the Fed argues a slow economy may prompt more easing by the…
The Samsung Galaxy S III, which is considered by many observers of the smartphone market to be an iPhone killer, will launch across all four U.S. wireless carriers next week. The handset…
Top officials, including the finance ministers of the G7, have called an emergency meeting over the European sovereign debt crisis. Observers wonder whether these ministers can succeed where the European Union, European…
The European Union may form a central office of treasury to match the European Central Bank. (Reuters) Ford (NYSE: F) may create brands specific to the Chinese market. (Reuters) The slowing economy…
At an investor conference today, the CEO of AT&T Inc. (NYSE: T) said that data-only subscription plans for wireless networks are “inevitable” as wireless revenues shift more heavily to data rather than…
The 10-year Treasury hit yet another record low under 1.6% today and stocks are in the tank again due to poor economic data. Europe continues to face a meltdown and the hope…
Leap Wireless International Inc. (NASDAQ: LEAP) is out with the announcement that many consumers have been hoping for. The company will now be the first pre-paid cellular carrier in the United States…
For the two weeks that ended on May 15, short sellers hit old and new Internet site companies alike. Among firms that had IPOs recently, the short interest in Zynga (NASDAQ: ZNGA) rose…
T-Mobile, the fourth-largest wireless company in the United States, needs a buyer, not a partner. However, the chances that a buyer will materialized are unlikely, and even parent Deutsche Telekom admits it.…
At a meeting of cable industry executives in Boston yesterday, FCC Chairman Julius Genachowski said the he supports usage-based pricing for Internet service to “help drive efficiency in the networks.” Genachowski also…
