How Cheap Technology Ambushed Cisco
John Chambers , CEO of Cisco (NASDAQ: CSCO), may have made good decisions several years ago to enter several consumer-facing technology ventures. Now his company is suffering from the fact that most…
John Chambers , CEO of Cisco (NASDAQ: CSCO), may have made good decisions several years ago to enter several consumer-facing technology ventures. Now his company is suffering from the fact that most…
NokiaNokia (NYSE: NOK) launched two new smartphones based on the aged Symbian operating system. Symbian has been rejected by the developer market to the extent that Nokia will phase out its use…
Japan raised the severity of its nuclear crisis to the same level as Chernobyl. (Reuters) Alcoa (NYSE: AA) beat earnings but missed sales.(Reuters) Nasdaq OMX (NASDAQ NDAQ) and Deutsche Boerse have approached NYSE Euronext’s (NYSE: NYX) largest…
Taiwan handset maker HTC posted earnings which nearly tripled last quarter to $513 million. The firm owes a substantial share of its success to Google. A very large portion of the HTC…
Dish Network bought the assets of Blockbuster to compete with Netflix (NASDAQ: NFLX), if the media is right. At about the same time, Netflix signed an arrangement to offer “Mad Men,” and…
At yesterday’s launch of its newest Xeon processor, an Intel Corp. (NASDAQ: INTC) executive claimed that there is no workload in the world that the Xeon cannot handle. That may be good news…
CEO years are like dog years. Most chief executives at large corporations are fortunate if they last a decade on the job. Cisco’s (NASDAQ: CSCO) CEO John Chambers, who has been on…
The NASDAQ 100 has figured out a way to change its dependence upon and its dominance by Apple Inc. (NASDAQ: AAPL). A good old-fashioned reweighting is that plan. The NASDAQ confirmed this morning that…
Like Microsoft (NASDAQ: MSFT) and IBM (NYSE: IBM) before it, Google (NASDAQ: GOOG) has become two or three companies. Its dominant business of search is no longer much of a growth engine.…
It is April Fools’ Day but we are not going to propagate any hoaxes. What we do want to revisit is some of the great frauds which have originated outside of public companies and…
David Sokol’s trading in Lubrizol before Berkshire Hathaway (NYSE: BRK) bought it may cause regulators to review the transaction. (Reuters) The Inspector General of the Federal Housing Finance Agency said pay of…
A former Goldman Sachs Group (NYSE: GS) trader launched a $1 billion fund of his own (Reuters) Geithner said inflexible currencies are the world’s biggest monetary problem (Reuters) Brent rose to $116…
Updated throughout the day. SK Telecom may make a bid for Blockbuster assets (FT) Microsoft (NASDAQ: MSFT) is at work on a mobile payment systems for Windows 7 (Bloomberg) Douglas A. McIntyre
Nintendo appears ready to prove that there are second lives for game console companies. The firm claims that first day sales of its new 3DS were the greatest for any handheld device…
Oracle Corporation (NASDAQ: ORCL) has been one impressive growth stock and it has absorbed almost all the smaller major players which could have posed competitive threats down the road. It has even…