courtesy of Pandora MediaInternet radio company Pandora Media Inc. (NYSE: P) reported that listeners spent 1.8 billion hours tuned in last quarter, an increase of 125% from the same period a year ago. Converting…
Apple’s (NASDAQ: AAPL) shares remain fairly steady in support of new management. (Reuters) The Boeing (NYSE: BA) 787 Dreamliner officially launches. (Reuters) The CEO of AIG (NYSE: AIG) talks with senior management at several…
Steve Jobs resigns as CEO of Apple (NASDAQ: AAPL) and will be chairman. Tim Cook to take over as CEO. (Reuters) Gold falls sharply and may be hurt by CME (NASDAQ: CME) margin requirements.…
Brightcove Inc. is among the latest of internet properties to file for an initial public offering. Terms and conditions were not set, but the filing is for up to $50 million in common stock…
Hurricane Irene will move up the East Coast, possibly hurting business activity. (Reuters) Sprint-Nextel (NYSE: S) to begin selling the Apple (NASDAQ: AAPL) iPhone 5 in mid-October. (Reuters) Samsung to begin an aggressive push…
What has become good news for Florida and its neighboring states has become what looks like bad news for much of the northern and central parts of the Eastern Seaboard. Hurricane Irene is now…
Back in February, Dish Network Corp. (NASDAQ: DISH) acquired two bankrupt satellite communications companies, TerreStar Network Corp. and DBSD North America, Inc., for $1.375 and about $1 billion respectively. At the time there was…
A federal judge has ruled that music locker service MP3tunes has, in fact, infringed on the copyrights owned by music companies by allowing users to use a program to locate music on the web…
Federal officials may consider cuts in food stamp programs that serve 46 million people. (Reuters) Housing prices probably continued to fall in July. (Reuters) Toyota (NYSE: TM) and Ford (NYSE: F) to work together…
The Federal Reserve to make a modest number of steps to keep the economy moving higher. (Reuters) Wall St. layoffs, already begun, will hurt morale as the industry tries to recover. (Reuters) As Hewlett-Packard…
Martha Stewart Living Omnivision (NYSE: MSO) retained Blackstone on May 25 to find potential investment partners and explore other opportunities. The announcement was widely viewed as the start of a process to sell the…
Hewlett-Packard (NYSE: HPQ) may spin off its PC business because it bought enterprise software firm Autonomy for $10.3 billion. (Reuters) News Corp. (NASDAQ: NWS) begins to prepare for the possibility that James Murdoch may…
Hewlett-Packard’s (NYSE: HPQ) new CEO faces investors concerned about its prospects. (Reuters) U.S. box office sales near records despite the slowdown. (Reuters) Lenovo posts strong earnings in spite of troubles with global PC sales.…
SABMiller makes a hostile bid for Foster’s Group. (Reuters) The Swiss National Bank says the franc is overvalued. (Reuters) News Corp. (NASDAQ: NWS) management under more pressure as a reporter says News of the…
Game consoles and handheld game players took another shot to the chin today as Sony Corp. (NYSE: SNE) dropped the price of its Playstation 3 console by $50 on both the $299 160-Gbyte and…