Icahn Can Just Say No at Lions Gate
Carl Icahn didn’t get what he wanted in his $7/share tender offer for Lions Gate Entertainment Inc. (NYSE: LGF), but he got enough. Icahn’s extended offer period ended June 30th with the billionaire investor…
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Newest first · Page 295Apple To Become No. 2 VOD Company In US
Apple Inc (NASDAQ: AAPL) is about to become the No. 2 provider of VOD services in the US based on the success of video content sales and rentals from the iTunes store. Research firm…
Video Game Sales Drop Moderates In May, Holidays Critical
Game and game console sales have been extremely weak for a year-and-a-half as the recession sapped demand for consumer electronic devices. This has not been offset by price cuts for the Sony (NYSE: SNE)…
Walt Disney, Jobs On Its Board, Buys iPhone App Company
Steve Jobs, the CEO of Apple Inc. (NASDAQ: AAPL), sits on the board of The Walt Disney Company (NYSE: DIS) That means the entertainment company is well aware of the power of Apple’s applications…
Media Digest (6/30/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Democrats will make a final push for financial reform. Reuters: Hurricane Alex is likely to affect clean-up efforts in the Gulf significantly. Reuters: Oil will have its first quarterly drop in prices since…
Facebook Gets Another $120 Million Investment
“Never give a sucker and even break; never wise up a chump” — WC Fields Facebook does not need anymore investment capital. It has raised several hundreds million in the last year. The company…
Media Digest 6/29/2010 Reuters, WSJ, NY Times, FT, Bloomberg
Reuters: The financial reform bill may be delayed until mid-July. Reuters: The storm in the Gulf may delay oil clean-up. Reuters: Oil fell to $77. Reuters: Baidu Inc (NASDAQ: BIDU) will hire US engineers…
Media Digest 6/29/2010 Reuters, WSJ, NYTimes, FT Bloomberg
G Reuters: Thick oil hit the Mississippi coast as a large storm moved toward the Gulf. Reuters: BP plc’s (NYSE: BP) oil spill costs hit $100 million a day. Reuters: G20…
Hulu About To Charge Customers
Hulu, the premium internet content service, is about to charge customers for access to certain TV shows and movies, perhaps the most important experiment ever to test whether consumers are willing to pay for…
Media Digest 6/25/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Lawmakers are close to crafting a final financial reform bill. Reuters: BP plc (NYSE: BP) shares fell again on clean-up cost concerns. Reuters: Large numbers of people stood in line…
Bartz Focusing on Yahoo! Share Price (YHOO, GOOG, MSFT)
Yahoo Inc. (NASDAQ: YHOO) had its annual meeting of shareholders today. The still relatively new CEO Carol Bartz says she wants to improve the company’s margins to build shareholder value. She has also addressed…
Media Digest 6/24/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: BP plc (NYSE: BP) began to siphon oil again. Reuters: The Wall St. reform bill is almost done. Reuters: Venezuela will nationalize some oil rigs owned by a US company. Reuters: The Fed…
Media Digest 5/23/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Auto dealers will not be subject to new financial regulations. Reuters: The FCC said AT&T Inc. (NYSE: T) could buy assets from Verizon Communications Inc. (NYSE: VZ). Reuters: Firm iFixit says the Apple…
Media Digest 6/22/2010
Reuters: The White House budget director will leave. Reuters: China’s state-owned banks are buying dollars. Reuters: Intel (NASDAQ: INTC) and the FTC are in talks to settle a market abuse case. Reuters: Amazon.com Inc…
The E-Reader Business Is No Business At All
Amazon.com Inc (NASDAQ: AMZN) cut the price of its basic Kindle e-reader to $189 from its current price of $259 and Barnes & Noble (NYSE: BKS) cut the price of its 3G/WiFi compatible Nook…