Internet music services are stuck in a period of relatively quiet turmoil as the companies deal with rising content costs and fierce competition with one another and with some very well-established players. Sirius XM…
Ah, the fortunes of war. Shares of Apple Inc. (NASDAQ: AAPL) are up about 77% over the last 12 months, and the stock posted a new all-time high earlier this week. Amazon.com Inc. (NASDAQ:…
Following in the footsteps of last week’s approval of the deal, the Federal Communications Commission today has approved the $3.9 billion acquisition by Verizon Communications Inc. (NYSE: VZ) of wireless spectrum from SpectrumCo LLC.…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is playing the low interest rate game by swapping old expensive debt for new cheaper debt. This has been done before by Mel Karmazin and friends, but the…
CNNMoney is the 10th largest financial and business website in America, at least as audience measurement firm Comscore rates it. The site has 10.2 million unique visitors in July, which places it just behind…
Not the last bastion of male exclusivity, but certainly among the most prominent, Augusta National Golf Club has offered membership to two women: former US national security adviser and Secretary of State Condoleeza Rice…
The latest installment of “The Expendables” franchise debuted at number one at weekend box offices around the country. “The Expendables 2” from Lions Gate Entertainment Corp. (NYSE: LGF) hauled in $28.8 million in its…
Wikimedia Creative Commons, JohnnyMrNinjaNetflix Inc. (NASDAQ: NFLX) has fallen from grace. Still, things might not be as bad as the stock price might lead you to believe if you witnessed this huge from “fall…
The YouTube division of Google Inc. (NASDAQ: GOOG) drew 157 million unique viewers in July, nearly 3x the number of unique viewers of its nearest rival, Facebook Inc. (NASDAQ: FB). The figures come from…
The US Department of Justice today has approved the $3.9 billion spectrum acquisition by Verizon Communications Inc. (NYSE: VZ) from SpectrumCo LLC, a joint venture of Comcast Corp. (NASDAQ: CMCSA), Time Warner Cable Inc.…
GameStop Corp.’s (NYSE: GME) second-quarter earnings and sales fell as the lack of new game releases led to software and hardware declines. GameStop’s second-quarter earnings were $21 million, or $0.16 a share, down from…
Electronic Arts Inc. (NASDAQ: EA) has joined the wave of video game companies that may be up for sale. The great rumor mill of Wall St. (and Cyber Street) now has EA as the…
After years of trying to infiltrate the living room, Apple Inc. (NASDAQ: AAPL) may be about to take its most ambitious crack at it yet, reports the Wall Street Journal. Apple is talking with…
First it was the purchase of Zagat. Now from John Wiley & Sons, Inc. (NYSE: JW-A), Google Inc. (NASDAQ: GOOG) is buying up the assets of a number of its consumer print and digital…
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 loss can…