Apple (AAPL) iTunes passed 10 billion song downloads yesterday. It is a milestone analysts had been anticipating for the last month. The consumer electronics company celebrated the accomplishment with an odometer on the…
Douglas A. McIntyre Most of the press Nintendo, the world’s No.1 video game console company, gets is for its Wii machine which has kept a lead in unit sales over the Microsoft (MSFT) Xbox 360 and Sony…
Updated throughout the day. Canada’s Brookfield may bid against Simon Property Group (SPG) for the assets of real estate from General Growth. (Bloomberg) The deal for GM to sell Hummer to Sichuan Tengzhong Heavy…
The problem with customer satisfaction surveys is that, by their nature, they look back in time and not forward. Bloomberg BusinessWeek announced the results of its customer service poll recently. The project…
Reuters: The $15 billion jobs bill advanced in the Senate. Reuters: Toyota (NYSE:TM) faces a US criminal probe. Reuters: KKR and TPC are close to a deal to buy Morgan Stanley’s (NYSE:MS) share…
The New York Times reports that Walmart (WMT) has bought video on demand hardware and software company Vudu. The firm’s service is built into set-top boxes and Blu-ray devices. The paper reports that Vudu recently “announced…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Updated throughout the day. Goldman Sachs (GS) has begun PR efforts to improve its image (NYPost). Stanley Fink, the former chief executive of Man Group, and Larry Hite may start a new hedge…
Reuters: Obama plans to pressure health insurance prices as part of new reforms. Reuters: A Toyota (TM) memo shows the company worked to keep the costs of one of its…
Updated throughout the day. Dendreon Corp. (NASDAQ: DNDN) and Myriad Genetics Inc. (NASDAQ: MYGN) buyout rumors on options trading (3:45 PM EST). BioHealthInvestor.com says caveat emptor! Two schools in China are being…
Updated throughout the day. Apple (AAPL) may have a deal with book publishers to sell e-books for $9.99. (NYTimes) Greece may issue a 10-year bond next week with a value of $6.8…
Amazon’s (AMZN) e-reader business which fuels sales of its Kindle e-reader is supposed to be in trouble. The e-commerce operation has charged $9.99 for many of the e-books it sells, which has helped the…
Reuters: US regulators are looking at steering problems on the Toyota (TM) Corolla. Reuters: Greece says it is not seeking EU taxpayers’ money. Reuters: Gold fell on an IMF sale. Reuters: US state…
Amazon’s (NASDAQ:AMZN) share of the e-book market will go from 90% to 35% over the next five years. At least that is what Credit Suisse analyst Spencer Wang claims, according to The…
By John Hudson, The Atlantic Wire After thwarting the efforts of biographers in the past, Apple’s exalted CEO is finally giving in. Steve Jobs will collaborate on an authorized biography written by…
Douglas A. McIntyre