The FT reports that Google (GOOG) has made all the necessary plans to close its Chinese search engine business and is “99.9%” certain it will shut the operation down shortly. Li Yizhong,…
The video game industry had another rough outing in February as revenue fell 15% from last year. Total sales of games and consoles totaled $1.26 billion in the US. Microsoft (MSFT) and…
Google (GOOG) seems ready to extend its plan not to censor the results of its search engine results in China, which would anger the local government. The People’s Republic expects tech companies based…
Reuters. Obama will nominate Yellen to be Fed vice chair. Reuters: China told Obama to leave yuan policy to its government. Reuters: A Chinese minister said the nation could not keep up…
On the tenth anniversary of the tech bubble of 2000, short sellers aggressively dropped their bets against hardware, software and internet companies. Figures are from February 28. The short interest in Apple…
March 9, 2009 marked the absolute apex of selling and marked the official ending date of the bear market. At the time, many were expecting stocks to see gains because of grossly…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Reuters: Met Life (MET) is close to buying AIG’s (AIG) foreign insurance unit for $15.5 billion. Reuters: Subway will try to catch McDonald’s (MCD) in China by 2020. Reuters: Greece’s central bank…
24/7 Wall Street has a real-time index we keep of the 500 largest market caps of US equities. This is The 24/7 Wall St. Real-Time 500. Of these, the 23 highest are…
Reuters: The House passed the $15 billion jobs bill. Reuters: China will slow government stimulus spending. Reuters: Toyota (TM) said there is no evidence of unintended acceleration in fixed cars.
I was looking through my emails this morning and saw the change that has long been on the way… A new MSN is coming. Microsoft Corp. (NASDAQ: MSFT) has its search pact…
The Holy Grail of consumer electronics devices is one that would combine the best features of the Apple (AAPL) iPad, iPod, and iPhone. Sony (SNE) means to introduce products to challenge the…
It has been expected for some time that global PC sales would rise this year as the economy recovers and the demand for Microsoft (MSFT) Windows 7 causes people and business to replace…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength…
Reuters: Some senators want hearings on the Fannie Mae (FNM) and Freddie Mac (FRE) bailouts. Reuters: Toyota (TM) is at work in China on damage control. Reuters: Asia factory output expanded by…
