The U.S. and state attorneys general reach a $25 billion settlement with five banks over mortgage abuses. (Reuters) The Hong Kong division of Alibaba may go private as part of a refinancing…
As The Wall Street Journal reports, Google (NASDAQ: GOOG)Â has decided to follow Apple into the device business with its buyout of Motorola. The paper says that interest in hardware and software has…
The search engine wars are rarely front page news any more. Google (NASDAQ: GOOG) has had two third of the US market for so long that the positions of its competitors hardly…
Investment firm Canaccord Genuity said today in its daily newsletter that Apple Inc. (NASDAQ: AAPL) garners about 80% of the operating profit among all handset makers. Of $14.4 billion in industry profit,…
Sometime next week, the US Department of Justice is expected to give its stamp of approval to Google Inc.’s (NASDAQ: GOOG) $12.5 billion acquisition of Motorola Mobility Holdings Inc. (NYSE: MMI) and…
Groupon (NASDAQ: GRPN) and Facebook are in a battle with many investors about the value of their audiences. Do Groupon’s visitors still use it regularly to buy merchandise? Do Facebook’s members ever look…
Greek ministers will go to Brussels to meet with EU officials about restructuring of debt, but several details have not been resolved. (Reuters) Groupon (NASDAQ: GRPN) posts earnings that trouble Wall St. and…
The cloud, a way for people and businesses to store information on remote servers instead of locally on PCs and other devices, has become a part of the product offerings of every…
Greece continues to demonstrate that it can teeter almost indefinitely between austerity and the grant of aid packages without a short-term resolution to its sovereign debt crisis. The latest development is that the ruling coalition…
It is rare for one of America’s largest companies to lose a third or more of its sales in a brief time. When it happens, it is usually either because of market…
HTC posted fourth-quarter earnings that were less than impressive. It also forecast a disastrous first quarter. These are signs that HTC is the latest company to succumb to the success of Samsung and Apple (NASDAQ:…
Sprint Nextel Inc. (NYSE: S) has decided to take a swipe at Amazon.com (NASDAQ: AMZN) and its Kindle Fire table with a deal offering a 7-inch 3G-compatible tablet for $100 with a…
Solar systems installer SolarCity is reported to be preparing an IPO in the third quarter of this year. A Reuters report notes that Goldman Sachs will be the lead underwriter for the…
Research in Motion Ltd. (NASDAQ: RIMM) is enduring yet another downgrade this morning. Today’s cut came from Jefferies & Co., who cut an already cautious rating of “Hold” down to the rating…
Apple continues to win a few and lose a few as it fights to hold its lead in the smartphone and tablet businesses. One of its advantages has been it cloud computing…
