The heads of the BRIC nations say the pace of IMF-led reforms concerns them. (Reuters) Facebook cuts trading of its stock in the secondary markets. (Reuters) The board of Goldman Sachs (NYSE: GS) continues to…
Millennial Media, Inc. (NYSE: MM) has priced its initial public offering for trading to begin on Thursday. Some 10.2 million shares of common stock were sold at a price of $13.00 per share for…
A Reuters/Ipsos poll shows that two-thirds of Americans disapprove of the way President Obama has handled the gasoline crisis. (Reuters) Apple (NASDAQ: AAPL) will offer refunds for iPads sold in Australia as local government…
The enormously popular Angry Birds game released a new version last week, called Angry Birds Space, and so far consumers have downloaded some 10 million copies of the game, which is available for the…
Microsoft Corp. (NASDAQ: MSFT) will roll out new applications for its Xbox 360 platform today, including one for the Xfinity video-on-demand platform from Comcast Corp. (NASDAQ: CMCSA), another for HBO Go from the HBO…
Microsoft (NASDAQ: MSFT) struggles with its Windows Mobile OS as app developers have been slow to adopt it. (Reuters) Smugglers find it more difficult to make money on Apple (NASDAQ: AAPL) products in China…
Maybe the media misjudged Jon Corzine, former CEO of bankrupt financial firm MF Global. Last week there were almost universal reports the he approved the transfer of client money to the firms books from…
Who will be Tiger Woods’ new endorsement partners now that he has won his first tournament in over two years, and is the new favorite for the Masters? He crushed the field at Arnold…
Czech Republic-based KIT Digital Inc. (NASDAQ: KITD) today announced that the company’s CEO would transition to board chairman and that its chief administrative officer would become acting CEO while a search is conducted for…
ZyngaZynga Inc. (NASDAQ: ZNGA) has filed a Form S-1/A with the US Securities and Exchange Commission (SEC) to sell about 43 million shares of class A common stock. None of the proceeds from the…
Members of Congress face new restrictions on insider trading. (Reuters) The UAW moves to organize a Volkswagen plant. (Reuters) A Brazilian oil regulator reports that the leak on a Chevron (NYSE: CVX) rig was…
Cable network Discovery Communications Inc. (NASDAQ: DISCA) could lose $143 million in 2012 on its $312 million investment in the Oprah Winfrey Network (OWN). That’s in addition to the $92 million that Discovery reported…
The Associated Press hired the worst CEO in the newspaper industry as its 13th chief executive. Its board of directors should be ashamed, as should anyone who works at the news company. Gary Pruitt, the…
Goldman Sachs (NYSE: GS) tries to end a legal case concerning fraud in its CDO sales. (Reuters) China’s factory activity slows, as evidenced by the HSBC flash PMI of 48.1, a low reading. (Reuters) A Brazilian court brings…
The new Apple (NASDAQ: AAPL) iPad may give off much more heat that its predecessors. (Reuters) JP Morgan (NYSE: JPM) will buy 19.9% of Chinese company Bridge Trust. (Reuters) Strong sales of software helps…