In yet another move aimed to boost its position in the streaming video space, Amazon.com (NASDAQ: AMZN) has signed a deal with Viacom Inc. (NASDAQ: VIAB), adding the owner of MTV and…
Today is Facebook Day. It will be remembered that way as long as there are IPOs. The Facebook public offering has every aspect of what makes IPOs the focus of so much interest.…
Glencore and Xstrata are in merger talks. (Reuters) A federal mortgage deal with banks over mortgage fraud would give states enforcement power. (Reuters) Sony (NYSE: SNE) expects a $2.9 billion loss. (Reuters) Long-term…
Sony’s (NYSE: SNE) revenue fell 9% in the September quarter and the company posted a loss, one of a long series. The Japanese firm also said that its P&L problems would not…
Facebook will launch an IPO to raise $5 billion. (Reuters) Amazon.com (NASDAQ: AMZN) says costs may drive it to a loss this quarter. (Reuters) Sony (NASDAQ: SNE) appoints Kazuo Hirai as CEO.…
After years of failed product launches, bad management decisions, and billions of dollars in losses which have caused its stock price to plunge, Sir Howard Stinger has finally be replaced as the…
Bookseller Barnes & Noble Inc. (NYSE: BKS) is reported to be negotiating a deal with British bookstore chaine Waterstone’s under which the UK bookseller would market B&N’s Nook e-reader. B&N is trying…
Nintendo earnings collapsed and so did its forecast. The firm said it would launch a new version of the Wii by year end in the hope that it can reverse its fortunes. That…
Updated throughout the day at The Wire Sony (NYSE: SNE) may make a $1.3 billion investment in troubled Olympus (Reuters) Goldman Sachs (NYSE: GS) is about to sell its London headquarters for…
Apple’s (NASDAQ: AAPL) extraordinary earnings and the size of its iPhone sales helped move its market cap well above $400 billion. The press constantly reminds readers that this is greater than any…
Apple (NASDAQ: AAPL) has another blow-out quarter driven by iPhone sales. (Reuters) Japan has its first trade deficit since 1980. (Reuters) Yahoo! (NASDAQ: YHOO) posts weak earnings on a revenue drop. (Reuters)…
Add to the many rumors about an investment in troubled Olympus a possible move by Sony (NYSE: SNE). Sony has been on a short list which includes Fujifilm and Samsung. Olympus has…
Douglas A. McIntyre Research In Motion (NASDAQ: RIMM) replaces its co-CEOs with the firm’s COO. (Reuters) A Reuters poll shows Japanese manufacturers have prepared for a eurozone break up. (Reuters) Apache (NYSE: APA) to buy…
Eastman Kodak (NYSE: EK) files for Chapter 11. (Reuters) Greece and its private lenders work toward a last-hour compromise on a debt exchange. (Reuters) BP (NYSE: BP) likely to set a $20…
It is a wonder that Sony (NYSE: SNE) wants to take sole ownership of the Sony Ericsson handset company. The firm announced another loss, this time for the fourth quarter. It has…
