Standard Chartered has paid the New York Department of Financial Services $340 million to settle charges that it helped Iran interests launder money. Unfortunately for the financial firm, this settlement is only the…
Outside of rivalry for eyeballs, maps, and all other things digital… What do Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) have in common? They are both within about 4% of…
courtesy Barnes & Noble Inc.One of the first lessons business school students learn is that it is dangerous to lose money on each product a company sells with the hope that the…
Short sellers backed away from their gambles on old tech firms as they increased their positions in new Web 2.0 companies. For the period that ended July 31, short sellers cut their…
The latest data from International Data Corp. (IDC) confirms what we’ve all known for a while now: The mobile OS market is now unquestionably a two-horse race due to the dominance of…
Remember the January rumor that Research in Motion Ltd. (NASDAQ: RIMM) was being considered for acquisition by Samsung Electronics (OTC: SSNLF)? That’s okay if you don’t, because they could be about to…
In yet another sign that the smartphone market is a two-horse race, Apple Inc. (NASDAQ: AAPL) and Samsung Electronics together grabbed 108% of the industry’s profits in the second quarter of 2012.…
As stocks rise, analysts generally lift their price targets on key stocks. As stocks fall, analysts generally lower their price targets. It is a game on Wall St., but it is a…
Chesapeake Energy Corp. (NYSE: CHK) sells assets to improve earnings. (Reuters) Standard Chartered may lose its New York banking license over allegations it hid $250 billion in transactions tied to Iran. (Reuters) Acer…
The story of American business has been about shipping the country’s manufacturing jobs overseas. However, there is another part of the story. Every year, American companies hire thousands of highly skilled foreign…
Global shipments of smartphones in the second quarter of 2012 totaled 158 million, and China accounted for 27% of those shipments, a total of 42 million units, according to research firm Canalys.…
The latest rankings are out from comScore Inc. (NASDAQ: SCOR) on the US smartphone device and platform markets. Samsung Electronics (OTC: SSNLF) leads the device makers with a 25.6% market share in…
NokiaNokia Corp. (NYSE: NOK) continued a two-day surge, up another 9% today on rumors China-based PC firm Lenovo will buy it. Lenovo has said the rumor is “a joke.” Nokia continues to…
Facebook Inc. (NASDAQ: FB) shares reach an all-time low as doubts about its business model grow. (Reuters) China’s PMI for July falls. (Reuters) Home prices may have steadied, according to Case-Shiller data.…
Microsoft Corp. (NASDAQ: MSFT) announced today that it is converting its long-time Hotmail web email to another long-time Microsoft brand: Outlook. The new brand, outlook.com, will tie the company’s industry-leading office Microsoft…
