International Monetary Fund chief Christine Lagarde said that if the eurozone crisis in not solved, the global economy could be damaged nearly beyond belief. She reasons that the sovereign debt crisis cannot be contained.…
Zynga posts at the high end of its IPO range and will raise $1 billion. (Reuters) Congress reaches a tentative deal to keep the government open. (Reuters) Bill Gross’s PIMCO Total Return Fund…
Among the poor news from Research In Motion (NASDAQ: RIMM) about its earnings and forecast, the company said it would delay smartphones with its critical QNX until 2012. The company said the…
Douglas A. McIntyre Finnish weekly Tekniikka&Talous says Angry Birds may have a Hong Kong IPO next year. The company makes online games which have been particularly popular as app downloads for smartphones like the Apple…
Douglas A. McIntyre Research-in-Motion Limited (NASDAQ: RIMM) should change its name to ‘RIM’s Limited.’ The smartphone maker is turning out to be a ‘dumbphone’ maker if you look at industry figures. Still, what is interesting is…
Research In Motion (NASDAQ: RIMM) posted its quarterly results. Like most of what RIM has done recently, the figures disappointed the market. They did, however, show that the RIM has not been…
Douglas A. McIntyre In 2009, just 18% of all mobile phone users owned a smartphone. By October of this year, that total had reached 44%, with the iPhone 4 from Apple Inc. (NASDAQ: AAPL) as…
The NASDAQ has always been considering the heavyweight exchange for technology listing, and it just put on more weight today with an announcement from Texas Instruments Inc. (NYSE: TXN) that the chipmaker…
The latest entry in the line of PlayStations from Sony Corp. (NYSE: SNE) is set for launch this weekend. The company has been touring Japan for the past several weeks to drum…
Nokia (NYSE: NOK) has returned to the U.S. smartphone market. Unfortunately, its partner is also-ran wireless provider T-Mobile. That will make it very difficult for the smartphone to get adoption. Experts already…
The National Retail Federation increased its forecast for holiday sales to 3.8%, which would mean a total of $469 billion for November and December. That is up from its earlier 2.8% prediction. The…
Nokia (NYSE: NOK) brought the first of its new generation of it smartphones to the US as its launched its Lumia 710 with T-Mobile. The handset will cost $50 with a subscription…
The US International Trade Commission has once again delayed its ruling on a filing by Taiwan’s HTC Corp. alleging infringement on the company’s patents by Apple Inc. (NASDAQ: AAPL). Apple is also…
A CME (NASDAQ: CME) executive says Jon Corzine knew about money that MF Global transferred to European accounts. (Reuters) Accounting problems at Olympus may make it a takeover target. (Reuters) Italian bond yields hit…
Officials at CME Group (NASDAQ: CME) have given the Justice Department documents that may prove former MF Global CEO Jon Corzine knew his firm lent customer money to its operations in Europe. Corzine had…
