Bruce Wasserstein, the CEO of Lazard (NYSE:LAZ) and by far its most important employee, became ill over the weekend, with heart problems. He died on Wednesday. The company described his condition as serious…
Updated throughout the day. Updated 2.15 PM: Electronic Arts (NASDAQ:ERTS) may buy social game business Playfish for $250 million. (Business Insider) Updated 1:40 PM EST: CKX Inc. (NASDAQ: CKXE) refuting reports that…
The devilishly clever engineers at Apple (NASDAQ:AAPL) have apparently discovered another way to sell songs though the iTunes store. Apple appears to be developing an FM tuner that will run on the…
Updated throughout the day. Updated 12.02 PM EST: Wal-Mart (NYSE:WMT) will have a national roll-out of its “no contract” cellular service which could put sales pressure on Sprint (NYSE:S) (Reuters) Updated 9.23…
The immediate reaction to Intel’s (NASDAQ:INTC) results, which were better than expected, is that they signalled an improvement in the PC industry. Intel provides about 70% of PC chips. The world’s largest…
Reuters: Aggressive trading in gold in China may be pushing the price of the metal up. Reuters: Blackstone’s (NYSE:BX) CEO says the worst of the crisis is over. Reuters: The House has…
Updated throughout the day. Updated 3.14 PM EST: STIC (NASDAQ:STIC) dropping on rumors that Sun (NASDAQ:JAVA) database applications may hurt STIC sales (Barron’s) Updated 3.11 PM EST: Level 3 (NASDAQ:LVLT) is surging…
The board of director infighting may be heating up between Google Inc. (NASDAQ: GOOG) and Apple Inc. (NASDAQ: AAPL). First it was Google’s Chairman Eric Schmidt leaving, or being forced out, of…
Updated throughout the day. Updated 1.39 PM EST: Charles G. Ward, III, a senior executive at Lazard (NYSE:LAZ) will be named interim CEO at the company pending the recovery of Bruce Wasserstein. (various)…
“Regrettably, based on Microsoft/Danger’s latest recovery assessment of their systems, we must now inform you that personal information stored on your device – such as contacts, calendar entries, to-do lists or photos…
The short interest in Apple (NASDAQ:AAPL) was steady in the period that ended on September 30 at 16 million shares.The bet being made against RIM (NASDAQ:RIMM) rose 13% to 13% to 19.2 million.…
Analysts are constantly speculating about what Apple (NASDAQ:AAPL) will do with its $25 billion in cash. The company has no track record of buying back shares or issuing a dividend. Apple rarely…
Updated throughout the day. Updated at 4.24 PM EST: Xyratex (NASDAQ:XRTX) is up 14% today, another tech stock in the buyout rumor mill. (Barron’s) Updated at 2.12 PM EST: Euro Tech Holdings…
Dell (NASDAQ:DELL) announced that it will launch a smartphone with AT&T (NYSE:T) next year. The handset will be powered by the Google (NASDAQ:GOOG) Android operating system. The news about Google’s role has…
Jeff Bezos, the founder of Amazon (NYSE:AMZN), is being praised as the man who has invented the next big and important electronic device. That category includes the Sony (NYSE:SNE) PS2, the Apple…
