Some wireless companies oppose the use of their networks as a means to make political contributions. (Reuters) Chinese inflation falls as the nation’s economy cools. (Reuters) The push to put together a European banking unit…
The display advertising industry, shaken by the falling prices it can get for its online ads, has taken to showing full-page marketing messages at websites. These blot out all of the content on website pages, some of…
Mortgage bank Countrywide used its VIP loan program to influence Congress. (Reuters) The search for a CEO for Yahoo! (NASDAQ: YHOO) narrows to interim chief Ross Levinsohn and Jason Kilar of Hulu. (Reuters) Samsung…
Shares of video rental giant Netflix Inc. (NASDAQ: NFLX) are up more than 13% in the early afternoon today following a comment by the company’s CEO that the company for the first time streamed…
The European Central Bank probably will cut rates due to weaknesses in EU economies. (Reuters) Some states push mediation as a way to keep people in their homes. (Reuters) US Airways (NYSE: LCC) says…
Activision Blizzard, Inc. (NASDAQ: ATVI) has done a better job of fending off all of the freemium games and cheap online games compared to other publishers. Its World of Warcraft and other efforts are the…
Bob Diamond, CEO of Barclays (NYSE: BCS), quits. (Reuters) Microsoft (NASDAQ: MSFT) takes a $6.2 billion write-off, primarily due to its buyout of aQuantive. (Reuters) The U.S. probe begins on whether Chesapeake Energy (NYSE:…
Apple (NASDAQ: AAPL) pays $60 million to settle a trademark dispute in China. (Reuters) Factory orders in both Japan and China fall in June. (Reuters) Barclays (NYSE: BCS) Chairman Marcus Agius quits after the…
A consortium led by Sony Corp. (NYSE: SNE) has received US Federal Trade Commission approval to acquire the music publishing arm of EMI from Citigroup Inc. (NYSE: C). Citigroup acquired the business following the…
If one company would be the judge, jury and executioner on online ad spending, it would be Google Inc. (NASDAQ: GOOG). The problem is that Google is now so spread out that you cannot…
EU leaders set a tentative plan to recapitalize troubled banks directly with funds meant to be loaned for sovereign bailouts. (Reuters) Stockton, Calif., files for bankruptcy. (Reuters) Research In Motion (NASDAQ: RIMM) may set…
The argument goes that if News Corp. (NASDAQ: NWS) spins off its print businesses, they will be unable to keep their editorial costs at current levels. Some of the properties in this new operation may be…
Angela Merkel goes into today’s EU summit at odds with other leaders about regionwide bonds and austerity. (Reuters) Barclays (NYSE: BCS) pays $453 million to settle a probe on Libor trading. (Reuters) Google (NASDAQ:…
Facebook, Inc. (NASDAQ: FB) may have seen a jump in most recent short interest, but today marked the official end of the quiet period of 40 days from the IPO. This means that research…
Stockton, Calif., is about to file Chapter 9 bankruptcy. (Reuters) Apple (NASDAQ: AAPL) wins a court decision to stop shipments of the Samsung Galaxy Tab 10.1 tablet into the United States. (Reuters) Zynga (NASDAQ: ZNGA)…