Hilary Clinton may become the head of the World Bank. (Reuters) Toyota (NYSE: TM) said it expects profits to fall by 35% due to the effects of the earthquake. (Reuters) PIMCO’s Bill…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
The Financial Times reports that hackers have gained access to a number of Citigroup (NYSE C) credit cards numbers which belong to the bank’s customers. “The bank said that about 1 per…
Sometimes press releases have the strangest things in them. Many individuals complain about corporate welfare, but we are curious to know if shareholders actually care about when the companies they have invested…
Jon C. Ogg Stock splits usually bring back memories of the old tech bubble and dot-com bubble. Fundamentally, nothing changes at the company other than that smaller investors get to invest in shares at a…
Updated throughout the day. Najafi may make an offer for the assets of Borders. (WSJ) UBS may relocate its US trading operations from Stamford CT to NYC (NYT) Google (NASDAQ: GOOG) and…
Douglas A. McIntyre On June 6, Apple announced its new storage service, iCloud. The platform will combine application services on multiple kinds of devices with a seamlessly integrated online, cloud storage system. The service is…
The acting head of the IMF said that the US does not need stimulus because exports and disposable income will lift GDP. (Reuters) Facebook’s facial recognition technology is increasing worries about privacy.…
In a continuing quest to poke its nose into all things alternative, General Electric Co. (NYSE: GE) has made an investment in solar thermal developer eSolar, Inc. The amount of the investment…
Halliburton coverage moved negative after courts approved a class action suit by shareholders. GE and Capital One were hurt because of plans to buy ING Direct. An Airbus move to increase competition…
Apple (NASDAQ: AAPL) announced its new iCloud multimedia storage system and a new version of its OS called Lion. Nothing was said about updated versions of the iPad or iPhone at Apple’s…
Think the Internet is big now? You ain’t seen nothing yet. A recent report from Cisco Systems Inc. has some astounding predictions, including one that global Internet traffic will rise 4-fold from…
Taiwan smartphone company HTC has an annual revenue run rate of close to $20 billion and it is currently growing at a rate of about 100% a year. HTC will ship 60…
Goldman Sachs (NYSE: GS) may release papers to investigators that show its trading behavior at the start of the credit crisis used flawed math and that the bank did not violate regulations.…
The Chinese government has attacked Google (NASDAQ: GOOG) over its allegations that hackers within the People’s Republic recently compromised Gmail accounts. China’s People’s Daily reported that Google’s comments have “become obstacles for…