Vivendi has closed the deal to sell its Brazilian broadband business to Spain's Telefonica for cash and shares worth nearly $10 billion.» Read More
As part of CNBC's Outlook '08 coverage, here are my eight predictions in technology for 2008. At the end of next year, we'll look back on how well I did: just don't hold my feet to the fire too closely!! Before going forward, here's a quick look back. Tech set the tone for 2007 and became a safe-haven of sorts for so many investors fleeing the financial meltdown on Wall Street and Main Street.
Head on over to West 14th and 9th Ave. in New York's meat-packing district, and you'll see something big and bright from the fruits and veggies set: A 3-story retail bonanza courtesy of Apple Inc. It's the company's second largest store in the nation, behind its flagship store here in nearby San Francisco.
A very good source of mine with good connections to Apple's Asian manufacturing partners called me this morning with some news: Seems like Apple will be making headlines in the next few weeks and months with some of its hottest products: the iPod Touch, the iPhone and a new ultra-portable laptop.
I went back and forth on writing this blog, trying at once to walk that line between demolishing a cover story, and giving it more attention than it deserves. But alas, those are the struggles of today's reporting. My angst comes from an appearance I did earlier today with Adam Penenberg, a contributing writer with the magazine "Fast Company..."
I think it probably all started with "Jeep," the army's shortened nickname for the "general purpose" vehicle. And when it comes to the military, I get it: time is money, lives are at stake. If you can shorten things, make language quicker, communications easier, it just makes sense.
Motorola, which has been fending off criticism from shareholder Carl Icahn, has named Greg Brown as its chief executive, replacing Ed Zander, who will remain chairman until the company's annual meeting in May.
It's official: after months of speculation and posturing, Google will indeed bid for the 700Mhz wireless spectrum coming to auction at the end of January. I have written about this before, suggesting such a bid was likely even though Google didn't get all it was looking for after lobbying the FCC for freer, more open networks.
If the way events played out in 1990 is any indication, Cramer says yes.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Thought you might find this interesting. It's from the FCC and as it says, it's the official statement from Chairman Kevin J. Martin on Verizon's open network plans: CHAIRMAN MARTIN’S STATEMENT ON VERizon Wireless’S PLANS TO INTRODUCE AN “ANY APPS, ANY DEVICE” OPTION FOR CONSUMERS IN 2008.
Verizon's news today that it will offer "open access" to its wireless network is a shot across AT&T's bow, and could be the first major step toward opening what has developed into a kind of "Kremlin" for connectivity. Verizon says by the end of next year, customers will be able to use any wireless device and software applications on its nationwide wireless network that are currently unavailable today.
You may not even know the company exists. But it's quietly reaping the rewards of the lucrative mobile phone business.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
News doesn't get worse than this for a company like Yahoo. On a day that's arguably one of the most important for online shoppers during the holiday shopping season, the so-called "Cyber Monday," Yahoo's shopping and transaction algorithm appears to be down.
Chalk one up for Intel Corp. The world's largest chipmaker is out to get bigger by getting smaller, thanks to the release today of its new "Penryn" family of microprocessors. These are the first to rely on a material called Hafnium, instead of the tried-and-true silicon that gave Silicon Valley its name
Qualcomm Chief Executive Paul Jacobs is telling one story; shares of his company seem to be telling another. "Business is actually going quite well," Jacobs told CNBC Friday morning, although shares were down as much as 7 percent Friday in a broad technology sell-off.
Good, but not good enough. Cisco shares are on the decline after market after the company reported a nice top and bottomline beat. Trouble is, shares have jumped 14% over the past quarter, 38% over the past year, and with a run like that, it appears the Street was looking for something a whole lot better.
Another big day for Google and its shareholders, thanks to Sanford C. Bernstein and its new $850 target on the stock. This of course comes a week after David Garrity at Dinosaur Research unleashed a $985 target.
Tekelec’s stock took a beating all year, but Cramer said it’s time for a turnaround.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Google cracked $700 a share this morning, just three weeks after surpassing $600 for the first time. Sure, as Google becomes more valuable, these $100 milestones will get easier to achieve, but you can't discount a 16% move by a company worth over $200 billion in under a month. It's significa
European stock markets closed higher Wednesday, after retreating mid-day following data which showed that US economic growth for the third-quarter came in much stronger than expected, but then moving firmly into the green again.
Cramer expects this fiber-optic company to be glowing on the heels of an expected FCC ruling.
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