It was only a matter of time before major American magazines, flagships of the national media business, began to close or be put on the auction block. BusinessWeek is for sale according to several…
Reuters: Social media such as Twitter may not be worth as much as many people believe because of challenges they face in bringing in revenue. Reuters: The arrests of Rio Tinto (RTP) employees in…
Americans are turning to cheap alternatives to expensive video games by finding interactive games online. These game are usually much less expensive to play that the ones consumers have to buy for Nintendo Wii,…
By now just about everybody knows who Rosetta Stone, Inc. (NYSE:RST) is for its leadership in language learning and translation software. It seems that Google Inc. (NASDAQ: GOOG) has gotten caught up on the…
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) is essentially supporting a second stimulus package. He gave an interview to ABC’s “Good Morning America” and said that the economy is not in…
Reuters: The promise of mobile TV is being destroyed by smartphone use of software applications. Reuters: More attacks on websites in the West are expected and North Korea is suspected. Reuters: China has arrested…
There has been a lot of coverage of the Amazon.com (NASDAQ: AMZN) Kindle e-book reader. But what happens when you hear there has been yet another price cut on the device? Some have tried…
Reuters: The economic crisis will dominate the G8 summit. Reuters: A NY court ruled against AIG (AIG) in a battle with former CEO Greenberg. Reuters: Google (GOOG) will launch an operating system for low…
Sony (SNE) never got into the multimedia handheld business the way that Apple (AAPL) did with the iPod. The Japanese company’s joint venture with Ericsson that builds and markets handsets is behind Apple, RIM…
Consumer Reports, the non-profit advocacy magazine owned by the Consumers Union, may fire 21 editors and product reviewers if its writer’s union does not agree to sacrifice raises. According to the New York Post,…
One of the wonderful things about technology is that it can make the old new again. Parts of the oldest Christian Bible, probably written in the fourth century, will be available online. According to…
NextWave Wireless Inc. (NASDAQ: WAVE) is trading up today on good news. The problem is that the news around the company is that it may be holding a fire sale. When debt is owed…
Reuters: Smart investors are starting to cherry- pick stocks. Reuters: California may agree on a budget to stop using IOUs. Reuters: Some stock funds are still making up for lost ground. Reuters: The US housing…
Yahoo!’s (YHOO) OMG! entertainment site was the most visited destination in the category in May, at least according to comScore, and the competition was not even close. June numbers could change considerably as TMZ, part of…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) has extended its contract with CEO Mel Karmazin. Today, June 30, 2009, the company entered into an amendment to the amended employment agreement, dated November 18, 2004, with…