Reuters: Sony (SNE) and Microsoft (MSFT) are battling to control home entertainment but consumers are slow to adopt their technologies. Reuters: The “clunkers” program will end on August 24. Reuters: GM is about to…
The video game sector was supposed to be one of the relative beneficiaries of the recession even if it was not to be entirely immune. The sector was part of the ‘in-living room entertainment’…
Reuters: UBS (UBS) shares may fall when the Swiss government sells out. Reuters: The US deficit estimate was trimmed to $1.59 trillion. Reuters: A homeowner sued Wells Fargo (WFC) over a credit line. Reuters: …
News Corp. (NASDAQ: NWS), via the MySpace unit, has announced that it is acquiring a social music discovery service called iLike. Financial terms were not disclosed, but iLike’s co-founders and twin brothers Ali and…
In the not too distant future, video games may have health warning labels like the ones found on Marlboros and Jim Beam. New research performed by the Centers for Disease Control and Prevention, Emory…
Reuters: HP (HP) issued optimistic guidance. Reuters: China is investing in the private housing sector. Reuters: Buffett says the US is on a slow path to recovery. Reuters: US regulators urged Citigroup (C) to…
In the not too distant future, video games may have health warning labels like the ones found on Marlboros and Jim Beam. New research performed by the Centers for Disease Control and Prevention, Emory…
Sony’s (SNE) PS3 and Microsoft’s (MSFT) Zune both have the same problem. They substantially under-sell the market leaders. In the case of the Zune, that is Apple’s (AAPL) iPod which has a huge lead.…
The US business of Readers Digest is going into Chapter 11. The immediate cause is the company’s need to restructure $1.6 billion in debt and to move ownership of the company to its lenders.…
Garmin Ltd. (NASDAQ: GRMN) may still be the leader in its space in the U.S., but the company has become very ‘yesteryear’ for investors. The company recently performed much ‘less-worse’ than expectations and shares…
The US business of Readers Digest is going into Chapter 11. The immediate cause is the company’s need to restructure $1.6 billion in debt and to move ownership of the company to its lenders.…
Reuters: China’s expansion is leading to charges is it stripping asset from other under-developed countries. Reuters: UBS (UBS) will reveal the names of 5,000 clients in a deal with US tax authorities. Reuters: Schwab…
Reuters: China Investment Corp will put $2 billion into US mortgages. Reuters: The US pay czar says be can “claw back” executive compensation. Reuters: Japan is pulling out of its recession. Reuters: China will…
Just when it looked like consumer spending might pick up, one of the hottest retail sectors, at least a year ago, video games, fell apart. In July, the industry had a 29% drop in…
Reuters: The Chinese are learning the problem of easy access to credit cards. Reuters: The US recovery is still slow while France and Germany are rebounding. Reuters: UBS (UBS) clients in America may face…