Analysts had expected the company to report earnings excluding items of $6.40 a share on $15.52 billion in revenue.» Read More
Rupert Murdoch CEO of News Corp, spoke at Bear Stearns annual media conference today, weighing in on the U.S. economy. He said he's now "more pessimistic" about the economy. Though he also said that News Corp is well positioned to weather an economic downturn because only about 20 percent of the company's business comes from advertising...
Apparently the U.S. job market isn’t completely reverting to 10,000 B.C. The online job recruiting site Jobfox says some jobs are still in high demand: Software Development (I guess it’s not all going to India), Nursing, Accounting/Finance Execs (I bet!) Sales Reps, and Administrative Assistants.
I'm skeptical. Let me just say that right out of the gate. I'm skeptical that Apple Inc. and Apple Corps have signed a deal to put the Beatles' 255 song catalogue on the iTunes web site. Don't get me wrong, I see the economies here and I know that everyone involved sees $$$ in their eyes
Economic numbers continue to indicate a slowdown -- if not already a recession -- in the U.S. -- and technology investors should start looking to other continents for good bets, one portfolio manager told CNBC Europe Monday.
This is quite possibly the last momentum stock around. Here's why the CEO thinks the growth will continue.
Nasdaq's bear market is likely to persist longer than the pullback in the broader stock market unless the recently battered technology heavyweights make solid comebacks.
Apple will unveil a comprehensive set of tools for developers to create their own applications for the company's hot-selling iPhone, and then sell them on the iTunes web site.
Savvy office workers frustrated that their on-the-job computer tools don't function as smoothly as, say, an Apple iPod are taking matters into their own hands.
This is the post of the live blog I did today on the Apple iPhone event at Apple headquarters in Cupertino, California. Please enjoy reading it the first time or again if you were with me earlier today. It reads from my last posting at the top to the very first at the bottom of the page.
Aspen, Colorado is a special place. And you need a lot of money to live here. There are 88 homes listed on the market for $20 million or more. Those are just the ones officially listed. But even here, the economic slowdown is starting to affect prices.
I'm flying to Aspen, where I will report live on Thursday about homeowners who sell each other "development rights" to get past the 15,000-square-foot limit for new homes. Because, for some, 15,000 square feet ain't gonna cut it. I'm about to take off from LAX. There are a lot of rich people on this plane wearing fur coats and talking about fundraisers. "I haven't even unpacked from Paris," one woman declares in a rush...
When in doubt, delay! That appears to be the strategy at Yahoo, where the company's board has authorized a deadline extension for outsiders to nominate their own slate of directors, which would have been next week. The new deadline will now be 10 days after the company announces the date of its annual shareholder meeting. This clock indeed is ticking...
"When the economy gets tough, the mood changes for the wealthy first." So said Maryam Saghatelian, assistant VP for Cartier’s west coast operations.
Yahoo has extended a deadline for nominating candidates to its board, giving the struggling Internet pioneer more time to search for a white knight to help it fight off an unwanted takeover bid from Microsoft.
Yahoo has stepped up merger talks with AOL in an effort to avoid being taken over by Microsoft.
Yahoo and media conglomerate Time Warner have stepped up talks to create an alternative to Microsoft's offer to take over the Web company, the Wall Street Journal reported on Wednesday citing people familiar with the matter.
Are the Internet and your PDA or cell phone the future of health and wellness? A new company called Sensei thinks so.
Hollywood and Silicon Valley couldn't be more different--from the clothes worn and cars driven, to the focus. Hollywood on content, Silicon Valley on new ways to do digital distribution. Hollywood's worried about losing control of digital revenues (which is exactly what the writers' strike was about) as well as piracy.
When it comes to Apple and the company's sagging stock price--and increasingly frustrated shareholders--it seems to me a solution is getting clearer by the day. Stock buyback.
As you might expect, my earlier post calling on Steve Jobs to announce a shareholder buyback at tomorrow's Apple spacer annual shareholder meeting, generated quite a bit of reader reaction. As we prepare to cover the meeting, I'm curious how many of you plan to attend...