In May the International Trade Commission (ITC) ruled that certain Motorola Mobility smartphones could not be imported into the United States beginning today because the phones infringed on a patent owned by…
Yahoo!’s (NASDAQ: YHOO) profits fall slightly. (Reuters) Intel’s (NASDAQ: INTC) forecast implies PC sales will be weak. (Reuters) The head of the holding company for British Air and Iberia says an AMR…
Google’s (NASDAQ: GOOG) social media offering Google+ had a good showing with a score of 78 in its first appearance in the American Customer Satisfaction Index (ACSI) E-Business Report, released Tuesday. Google+…
Yahoo!’s (NASDAQ: YHOO) new CEO, Marissa Mayer, worked at Google (NASDAQ: GOOG). So did AOL (NYSE: AOL) CEO Tim Armstrong, who took up the reins there in 2009. Mayer may want to…
Yahoo! (NASDAQ: YHOO) appoints Google’s (NASDAQ: GOOG) Marissa Mayer as CEO. (Reuters) A Senate report says that HSBC (NYSE: HBC) handled Iran and drug cartel funds. (Reuters) Many investors do not like Google’s move…
Microsoft Corp. (NASDAQ: MSFT) today announced the release of its official preview version of Windows Office 365. Like competitor Google Inc. (NASDAQ: GOOG) with Google Apps, Office 365 is cloud- and subscriber-based.…
NBC News, a division of Comcast Corp. (NASDAQ: CMCSA), has acquired total ownership of the company’s jointly owned MSNBC.com website from Microsoft Corp. (NASDAQ: MSFT). Microsoft and NBC, formerly owned by General…
GlaxoSmithKline (NYSE: GSK) will take over Human Genome Sciences (NASDAQ: HGSI) for $2.8 billion. (Reuters) A poll from the National Association for Business Economics shows few companies plan to hire new workers. (Reuters)…
NokiaNokia (NYSE: NOK) has cut the price of its flagship Lumia 900 in half to $49.99. The smartphone is available, among other places at AT&T’s (NYSE: T) as a “web only” special. The…
The three major US stock indexes opened higher this morning following the release of Chinese GDP and other data. The Middle Kingdom’s GDP grew at a rate of 7.6% in the second…
Friday has been a stellar day based upon reaction to the major bank earnings reports and due to reports that China’s GDP maintained a growth rate of 7.6%. What is amazing is…
Research firm NPD reported that video game sales fell 29% in June to $699.8 million. Hardware sales dropped 45% year-over-year. This was despite the release of the new Nintendo 3DS. “The 3DS…
The new Yahoo! (NASDAQ: YHOO) board is different from the one that turned down a rich buyout offer from Microsoft (NASDAQ: MSFT), different from the one that hired Carol Bartz as CEO,…
Thirty-year mortgage rates fell to a low that has not been seen since numbers were first recorded in the 1980s. The rate reached 3.56%. Will that rate help the housing market? So…
Moody’s cuts Italy’s rating by two notches and indicates the cuts may not be finished. (Reuters) Treasury Secretary Geithner pressed UK regulators on Libor in 2008. (Reuters) A hack of Yahoo!’s (NASDAQ:…
