The Wall Street Journal reports that some former Nokia Corp. (NYSE: NOK) employees have raised 200 million euros ($257.8 million) from several telecommunications companies to launch a new mobile operating platform based…
A court will allow Samsung to sell its Galaxy Tab 10.1 in the U.S. despite efforts by Apple Inc. (NASDAQ: AAPL) to block it. (Reuters) Germany wants Spain to delay a request…
At today’s users’ conference in San Francisco, Oracle Corp. (NASDAQ: ORCL) and Nokia Corp. (NYSE: NOK) will announce a deal under which Oracle will use Nokia mapping, navigation and location technology. Oracle…
The future of French President Francois Hollande likely will be determined by the fate of his new austerity budget. (Reuters) EADS says it will stay with a deadline set by regulators for…
The European Union’s antitrust regulator is preparing to launch an official investigation into a failure by Microsoft Corp. (NASDAQ: MSFT) to comply with a 2009 ruling requiring the company to make it…
Yahoo.comYahoo! Inc. (NASDAQ: YHOO) was reinstated with coverage with a Buy rating at Goldman Sachs this morning. It is not just the Buy rating that matters. What matters the most is that the…
Spain Seeks Budget Cuts The search for solutions to Spain’s financial trouble continues and becomes more complicated by the moment. It has not been determined whether Spain can cut its own budget…
Douglas A. McIntyre The European Union is about to decide whether Microsoft (NASDAQ: MSFT) broke any of the provisions of its 2009 antitrust settlement. If so, there could be years of court challenges, much as…
Trey Thoelcke Google Inc. (NASDAQ: GOOG) recently claimed to be activating 1.3 million Android-based smartphones every day. All those phones need apps from Google’s Play (apps) store, and the company announced on its blog…
Short sellers aimed their guns at the stocks of the financially weakest companies, as data from the period that ended on September 14 shows. The actions hold true for shares that trade on…
U.S. attempts to probe illegal activity at HSBC Holdings PLC (NYSE: HBC) are set back by interagency battles. (Reuters) Yahoo! Inc. (NASDAQ: YHOO) names a new chief financial officer. (Reuters) The British Bankers’ Association probably…
Updated throughout the day on the 24/7 Wall St. Wire: Spain may overhaul its pension system as part of its pitch for financial aid. (Reuters) Sharp may supply panels for a number…
Douglas A. McIntyre Nike Buys Back Shares Nike Inc. (NYSE: NKE) became the latest company to return money to shareholders as the economy falters. It joins a raft of firms from AOL Inc. (NYSE: AOL)…
Premium content website Hulu, owned by several large multimedia companies, claims it will revolutionize how people get high-end video online and make a great deal of money in the process. VEVO claims the…
Nike Inc. (NYSE: NKE) will buy back $8 billion in shares. (Reuters) More than 5 million Facebook Inc. (NASDAQ: FB) members are children who have been banned from the social network. (Reuters)…
