Facebook recently took in a new $200 million investment which puts the value of the company at $10 billion. That is down from a $15 billion valuation based on an investment that…
Amazon.com Inc. (NASDAQ: AMZN) has received much publicity from its e-book reader, the Kindle. It has also taken criticism. Sony Corp. (NYSE: SNE) has let its e-book reader get lapped up in…
Google (GOOG) is about to release an e-book program which will allow consumers to download content onto PCs and portable electronics devices. It is a direct competitor to Amazon’s (AMZN) e-book reader, the…
Reuters: GM (GM) will file for Chapter 11 today. Reuters: Geithner told China its dollar assets are safe. Reuters: A judge approved the sale of most of Chrysler’s assets to a group…
Word is out that the Dow Jones Indexes team is set to release the name of the replacement for General Motors (NYSE: GM) in the Dow Jones Industrial Average. We have heard…
Micro-blogging platform Twitter has 32 million users, which is an increase from about 2 million a year ago, according to research mentioned in The Wall Street Journal. Some Internet measurement services show…
NetFlix (NFLX) is making another move to keep it ahead of rivals including Amazon (AMZN) and Blockbusters. It will adding its video-on-demand service to the Microsoft (MSFT) Window Media software. According to…
The device itself isn’t very different than the old Kindle. But it explains where Amazon sees itself expanding. By Chadwick Matlin of The Big Money At first, they hyped it as just…
Douglas A. McIntyre According to Reuters, GM (GM) is expected to post huge losses ahead of decisions about whether it will go into Chapter 11. Reuters reports that Obama is seeking budget savings due to…
It’s official. Amazon.com, Inc. (NASDAQ:AMZN) has introduced the much larger version of its Kindle e-book reader. The Amazon Kindle DX offers Kindle’s revolutionary wireless delivery and content with a large 9.7-inch electronic…
Douglas A. McIntyre According to Reuters, changes at Yahoo! (YHOO) are getting mixed reviews from employees. Reuters reports that ten banks could could have to raise new money after stress tests. Reuters reports that two…
According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank “stress tests.” Reuters writes…
Someone at technology news site, Cnet, came up with the clever idea of running a poll to learn the age of people who use Amazon’s miracle book reader, the Kindle. Seven hundred…
According to Reuters, world health officials are fighting to contain the new flu. Reuters reports that the government may be pressing Citigroup (C) and Bank of America (BAC) to raise more money.…
According to Reuters, tech giants reported reasonable earnings for last quarter because of cost cutting and a resilience in a bad economy. Reuters reports that Chrysler is still working on a deal…
