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Yahoo is expected to unveil plans to build a new facility in Nebraska on Friday, just days after the California-based Internet company announced it will cut at least 1,500 workers as it deals with the economic downturn.
Yahoo reported a profit that declined from last year but matched analysts' expectations. The Internet advertising firm also said it will cut 10 percent of its workforce.
For years, hydrogen fuel cell vehicles have been the far-off technological bets of the auto industry — the car that holds the promise of gasoline-free driving.
Google reported a profit that easily outpaced analysts' forecasts, and the company's shares jumped in extended trading.
Jeff and Diane Suber live in a house that fantasy built. Their house in Frisco, Texas, was funded in part by Jeff taking home first place and $100,000 in Rotohog.com’s fantasy baseball contest last year.
EBay reversed last year's loss and beat analysts' expectations, but a weak outlook disappointed investors.
Apple Inc. is fast becoming the poster boy for all things that are wrong with Wall Street right now, and that in itself might represent an opportunity for the savvy investor willing to play the odds instead of curling up in a ball and letting traders kick them in the head over and over again.
As the global financial crisis continues, the advertising environment for the near future is looking increasingly grim. Next year already faced tough comparisons with this year's Olympics and political ad spending, but now with the economy in flux (and that's putting it nicely) the ad industry is going to be in bad shape.
For months I've been covering Yahoo and Google's planned advertising partnership and the controversy surrounding it. After Google CEO Eric Schmidt said they're moving ahead with the partnership even without DOJ approval, the companies are changing their tune.
People are putting more sensitive personal information online and with the growing use of mobile devices, there’s more risk than ever. While many people are aware of the high-tech threats, they may not be aware of how they’re exposed.
Rumors of the eBay layoff that became official this morning have been circulating for weeks, but the added headlines of attempting to turn this company around by building on its strengths is quixotic at best.
There's been plenty of debate about whether the century-old music royalty system should be entirely overhauled to keep up with the realities of digital distribution.
MySpace, owned by News Corp, has made deals with the four music giants, EMI Group, Warner Music Group, Universal Music Group, and Sony BMG Music Entertainment, which are also equity partners in the venture.
There are downgrades, and there are downgrades, but I have never seen the kind of downgrade parade marching through Wall Street this morning related to Research in Motion and its stock.
In my earlier post about Research in Motion's bitter earnings miss, I speculated that before investors rush off to sell their Apple shares in sympathy, they may want to study RIM's reasons for its shortfall. And that appears to be good advice.
To say that the optimism surrounding Research in Motion going into the company's second quarter earnings, reported just moments ago, was thick, is an understatement.
Research In Motion makes the dominant mobile phone/e-mail solution for business. And even though RIMM shares have lost a third of their value in three months, the company still has a market capitalization over $55 billion.
There's little chance that telegrams bring good news; likewise can be said when your email inbox suddenly shows a note from the CEO with the words, "Time for another update."
Thursday will be a big day for Research in Motion as the company prepares to release its second fiscal 2009 quarterly earnings into a climate that's either really good, or really bad, for the wireless leader, depending upon who you believe on Wall Street.