Among computer geeks of a certain age Microsoft has long been synonymous with the word evil. I think that's giving the brass at Microsoft a little too much credit. To me, they're just clueless. Steve Ballmer should just go ahead and fire everyone over the age of, say, 35, and let people who really understand how computers are used run the show.
As Cliff Mason noted earlier today, Cramer likes to talk about "pin action" a lot -- the effect that one company's good fortune usually has on other, related companies (parts manufacturers, for example). The key word, however, is "usually." In the disastrous market we have these days, you can't even depend on this pin action any more.
Dell introduces their new line of laptops, designed to have the greatest security, the longest battery life and the most robust design, while Warnaco's Speedo is the most desired swimwear for Olympic swimmers. Following are today's top videos:
ZPower has spent the last 10 years working on silver-zinc rechargeable battery technology and will unveil its first product through a major technology partner in August. CEO Dr. Ross Dueber talks to CNBC.com about the technological, financial and environmental issues for his company, the industry and consumers.
Private equity firm Nordic Capital offered 1.11 billion euros ($1.75 billion) for top Nordic IT services TietoEnator on Thursday, but the company said the bid was too low.
Shares of IT services company Capgemini rose 8.2 percent Thursday after it announced it was raising its dividend by 43 percent.
Hewlett-Packard's better-than-expected quarterly results may raise the bar for competitor Dell, which is more vulnerable to U.S. economic woes and reports earnings next week.
What more can be said about the Fed's rate cut? Did Greenspan get us into this mess? Is Bernanke caving in getting us out? Are both trying to be popular? Here's my question: is Greenspan suddenly like Britney (we thought he was so hot but now...), while Bernanke is K-Fed (a strange background ornament who suddenly looks responsible)?