The relentless attack by U.S. credit rating agencies on the risk of the sovereign debt of EU members continues. It happened again yesterday when Moody’s downgraded a number of nations just after a deal was set for…
Google (NASDAQ: GOOG) gets approval from the European Commission and the U.S. to buy Motorola Mobility (NYSE: MMI). (Reuters) Boeing (NYSE: BA) signs a $22.4 billion deal with Lion Air. (Reuters) Moody’s…
Google Inc. (NASDAQ: GOOG) has received approval from the European Union for its $12.5 billion acquisition of Motorola Mobility Holdings Inc. (NYSE: MMI). Google is expecting similar approval from the US Department…
The mess in Greece will not go away, even though the nation’s parliament voted by an overwhelming margin to accept austerity measures to get a 130 billion euro bailout, its second. Citizens continue…
Greece’s parliament passes austerity measures as people riot. (Reuters) President Obama’s new budget plan will be based in part on taxation of the rich. (Reuters) Olympus forecasts a $412 million loss. (Reuters)…
The media has been full of rumors about what Google (NASDAQ: GOOG) would announce at a meeting with the press and analysts. A number of people “familiar” with the plans believed it would be a…
In another round of the global intellectual war between Apple (NASDAQ: AAPL) and Samsung, Apple has filed a lawsuit in the US which claims the South Korean firm violates four of its patents.…
The US Air Force is preparing a Request for Proposal (RFP) to acquire up to 18,000 tablet computers. The Apple Inc. (NASDAQ: AAPL) iPad 2 is among the contenders, as is the…
China’s imports number fell more than expected, another sign that an economy that grew at 10% or more per year for a decade has moved into a recession of sorts. Exports decreased 0.5%…
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) 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…
