Media Digest 7/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Social media such as Twitter may not be worth as much as many people believe because of challenges they face in bringing in revenue. Reuters: The arrests of Rio Tinto (RTP)…
Reuters: Social media such as Twitter may not be worth as much as many people believe because of challenges they face in bringing in revenue. Reuters: The arrests of Rio Tinto (RTP)…
Markets across Asia dropped sharply The Nikkei was off 2.6% to 9,050. The Hang Seng was down 2.6% to 17,241. China Unicom (CHU) fell because a handset deal with Apple (AAPL) has…
Goldman Sachs is out with some key calls in technology sector today. While some calls are positive, our take on this is more of a cautious stance due to the broad nature…
Google (GOOG) says it will create its own PC operating system. The first reaction to the news is that it is a threat to Microsoft (MSFT) Windows. That is almost certainly not…
Reuters: The economic crisis will dominate the G8 summit. Reuters: A NY court ruled against AIG (AIG) in a battle with former CEO Greenberg. Reuters: Google (GOOG) will launch an operating system…
Sony (SNE) never got into the multimedia handheld business the way that Apple (AAPL) did with the iPod. The Japanese company’s joint venture with Ericsson that builds and markets handsets is behind…
Analysts in the United States are already saying that sales of the Palm (PALM) Pre by exclusive distributor Sprint (S) are starting to slow. Fortunately for Palm shareholders, the handset company has…
Markets in Asia were mixed. The Nikkei was off .3% to 9,648. Toyota (TM) declined. The Hang Seng was down .1% to 17,959. China Unicom (CHU) rose on rumors that it would…
What started as a qu ery to the FCC last month by Sen. John Kerry, (D-Mass.), and a handful of other senators asking whether exclusive deals between carriers and cell phone makers…
There is still some conversation about the federal government restricting short-selling activity in certain stocks. The counterargument to these restrictions is that short selling plays an important role in the valuation of…
Apple (AAPL) is doing an atrocious job of paying the developers of software for its iPhone, at least according to The New York Post. The newspaper reports that companies which are not…
Pre sales have to keep a very brisk pace for Palm (PALM) to continue its turnaround. Many experts believe that consumers will make a decision to buy the Pre in lieu of…
The DVD business is bad. Video-on-demand, available on most cable systems, and internet streaming of premium content have cut into one of the largest profit centers in Hollywood. Viacom’s (VIA) Paramount studio…
Reuters: Cybercrime is spreading fast on Facebook. Reuters: GM will seek to sell most of its assets to a new company. Reuters: Madoff got 150 years in prison. Reuters: AIG (AIG) shareholders will…
The New York Times recently made the point that Acer may soon pass Dell (DELL) as the world’s second-largest PC manufacturer. This analysis indicates that Dell favored direct sales for too long…