Several of the best-funded and most-publicized tech launches of the last ten years have ended in failure. Many large technology companies which had significant market share and product advantages in large industries…
Downloads of Apple (AAPL) applications for iPhones and iTunes have reach one billion. It only took nine months. Most analysts view this as a strategic advantage over RIM’s (RIMM) Blackberry and Google’s…
According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by…
eBay Inc. (NASDAQ: EBAY) has just posted its first quarter earnings. The online auction giant reported a non-GAAP earnings of $0.39 EPS and $2.02 billion in revenue. Thomson Reuters had estimates at…
Douglas A. McIntyre Overstock.com, Inc. (NASDAQ: OSTK) has just reported earnings. The online ‘overstock’ retailer, or “The O,” has posted an 8% decline in revenue of $187.4M and a net loss at -$0.09 EPS. We…
States and the federal government have monkeyed around with the idea of forcing e-commerce sites to collect state taxes for years. That would require companies such as Amazon (NASDAQ:AMZN) and eBay (EBAY)…
According to Reuters, Obama vowed to overhaul the tax code. Reuters reports that GM (GM) is working on a plan to cut dealers at an accelerated pace. Reuters writes that China’s first…
eBay (EBAY) announced that it would do an IPO of its Skype internet phone business. According to eBay’s CEO John Donahoe, “Skype is a great stand-alone business with strong fundamentals and accelerating…
According to Reuters, Goldman Sachs (GS) would like to return to its old businesses and compensation practices, but it may not be able to. Reuters reports that the US is planning to…
eBay Inc. (NASDAQ: EBAY) is finally going to jettison its Skype VoIP service. That is the good news. The bad news is that this is not the separation we were looking for. …
Douglas A. McIntyre According to Reuters, Ebay’s (EBAY) shares are cheap by many measures but investors are avoiding the company, while Amazon’s (AMZN) are so expensive that investors are concerned. Reuters reports that the SEC…
These are most of the top pre-market analyst downgrades and cautious research notes we have seen from Wall Street analysts this Monday morning: Corning (GLW) Cut to Perform at Oppenheimer. Eaton (ETN)…
The founders of Skype, the huge VoIP service, may buy it back from eBay–for about half the price that they received. It would be a chance for eBay to focus on the…
Douglas A. McIntyre According to Reuters, HSBC (HBC) has a successful rights offering to raise $18.9 billion. Reuters reports that a deal for IBM (IBM) to by Sun (JAVA) is near collapse. Reuters writes that…
According to Reuters, Congress passed the Obama budget Reuters reports that cautious optimism greeted plans from the G-20 summit. Reuters reports that banks are considering buying toxic assets sold by other banks.…
