It is a trend in the consumer electronics business — manufacturers rise to become industry leaders only to be outshone by the competition as high-priced gadgets quickly become commodities. Based on recent…
There are signs of economic trouble in two pillars of the developing world, a signal that the global slowdown has caught up to what were among the most robust countries. Industrial output…
Facebook’s initial public offering is already oversubscribed. (Reuters) JP Morgan (NYSE: JPM) books a $2 billion trading loss, and the figure could rise by another $1 billion. (Reuters) China’s industrial production and…
For some reason, Europe’s largest stock markets have shrugged off election results in Greece and France. Many indexes are down, particularly in Greece. But the markets the world watches most closely —…
The GAO says the government could make $15.1 billion on its AIG (NYSE: AIG) bailout investment. (Reuters) Facebook CEO Mark Zuckerberg begins the company’s IPO road show. (Reuters) Comscore says people spent…
Nokia’s (NYSE: NOK) flagship Lumia 900 had a software bug when it launched. This caused bad PR, but the problem was quickly solved. That was not the end of glitch problems. The…
Voters in Greece and France turn away from German austerity measures set for the region’s weakest nations. (Reuters) AT&T (NYSE: T) moves into the home monitoring market. (Reuters) Ally Financial falls back…
Shares of Nokia Corp. (NYSE: NOK) touched a new 52-week low today at $3.12. The struggling handset maker has been hit with a class-action lawsuit charging that the company misled investors regarding…
The new Samsung Galaxy S III is a better smartphone than the Apple (NASDAQ: AAPL) iPhone. Until a few days ago, the iPhone had no single worthy rival. Could that really change in…
If you are like me, chances are high that you are ready for this Facebook IPO to finally get out of the way. Make no mistake, Facebook will be the most highly…
Jon C. Ogg International Data Corp. (IDC) this morning released data on first quarter 2012 shipments of media tablets. These include the iPad from Apple Inc. (NASDAQ: AAPL) and tablets that use the Android platform…
NokiaA merger between Nokia (NYSE: NOK) and Research In Motion (NASDAQ: RIMM) will never happen. RIM’s BlackBerry runs its own operating system. Nokia has an alliance with Microsoft (NASDAQ: MSFT) to run its Windows…
Retailing giant Target Corp. (NYSE: TGT) will discontinue selling the Kindle family of tablets and e-readers by this summer. The Kindle devices are made by Amazon.com Inc. (NASDAQ: AMZN), and include the…
Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current example is…
Data released last week showed that Samsung passed Nokia (NYSE: NOK) as the top handset maker in the world. Just as impressive, in the high-end smartphone sector, Samsung moved ahead of Apple…
