CARACAS, Venezuela— A staggering plunge in the free market value of Venezuelan currency sent people scrambling to sell off their depreciating bolivars Friday. The site's app has become so ubiquitous that everyone in smartphone-obsessed Caracas seemed to find out about the crash through 400 to the dollar at the same instant, as DolarToday sent out a series of...» Read More
Microsoft's hostile play for Yahoo certainly isn't lacking from strong opinions about the deal from experts on both sides of the argument. But the more interesting opinions are coming from the companies themselves.
Forget about Apple Inc. for a second; even the ongoing drama between Microsoft and Yahoo: the real news on the technology front comes from George Lucas and his plans for the next installment of "Star Wars."
Research in Motion appears to be suffering from growing pains and while strong sales are usually good news for a company, they could become cataclysmic if the company can't handle the additions.
Apple Inc. as a "value play?" Seems counter-intuitive to think of a company trading at better than 20 times next year's earnings as a "value," but maybe--just maybe--the Street is coming around to the idea that the growth and potential of this company seem horribly undervalued.
It is a "CrackBerry" addict's worst nightmare: a catastrophic outage affecting the company's entire network in the Americas. In an e-mail to its enterprise clients, Research in Motion says it has suffered a "critical severity outage" --and the company as of yet is providing no details as to when the network will be back up and running.
Yahoo will make public a letter from its board of directors Monday morning before the US stock market opens rejecting Microsoft's $31 hostile bid for the company as "massively undervalued," sources tell me.
Apple investors have to be scratching their heads wondering when the great story of 2007 will return to 2008. Or if it will at all. The latest grenade lobbed into the Apple tent comes from Friedman Billings Ramsey, purporting to show that Apple has reduced production of its iPod, iPhone and Mac.
The news from Cisco was a kind of Goldilocks earnings report...a small upside surprise on the topline to the tune of $30 million: $9.83 billion instead of the consensus of $9.8 billion the Street was looking for. Until the guidance. Ouch.
Just a few hours to go now before Cisco reports and to say there's a nervous tension on Wall Street right now anticipating the news is a deep understatement. It's palpable. I've spent a chunk of the morning calling investors and culling reaction: "nervous" comes up a lot.
If guidance and outlook have been the Achilles' heels of so many great-earnings-reports-gone-bad this earnings season, then the grand-daddy of them all could come at the close Wednesday when Cisco Systems reports its earnings.
Maybe it's because the industry is maturing; maybe it's because the executives themselves are maturing; but make no mistake: Silicon Valley is putting its money where its mouth is when it comes to the presidential campaign...
With all the attention we lavish on Google as it breaks through one stock-price plateau or another, it seems only fair to cover the company's stock as it retreats as well. Retreat might be an understatement.
I read and re-read the blogpost from Google Chief Legal Officer David Drummond yesterday -- distracted from the Super Bowl by the words on the screen because I couldn't believe what I was seeing. The real clash of the titans was unfolding -- not on the gridiron, but online.
Microsoft said Monday its first update to the Windows Vista operating system has been released for manufacturing.
The Justice Department on Friday said it is "interested" in reviewing antitrust issues associated with Microsoft nearly $45 billion unsolicited bid for Yahoo.
I've gotten ahold of Microsoft CEO Steve Ballmer's internal memo he emailed to the troops this morning about his plans to spend $45 billion in a hostile bid for struggling search stalwart Yahoo. (Thanks for sending. You know who you are!)
Let the campaigning begin: Microsoft hosted a conference call with the Street and media this morning to talk over its $45 billion dollar hostile bid for Yahoo, making its case not just to Microsoft and Yahoo investors, but to Yahoo employees who might feel tempted to make a bee-line for the exits.
Microsoft's take-out play for Yahoo is a stunning move by the world's largest software maker, even though rumors of a deal have been swirling for the better part of a year. The 62 percent premium Microsoft is willing to pay for Yahoo, valuing the deal at a shade under $45 billion, shows just how serious--and just how frustrated--Microsoft has become with Yahoo.
It is a stunning move by the pioneering name in mobile phones and the best data yet about just how deep the company's problems run: Motorola announced late Thursday that it is seeking alternatives for its handset business that likely will mean a sell-off of the division.
Sure we keep hearing about the iPhone and the iPod, oh, and the Mac as well, but while we're fixated on where Apple's products have been, a new study suggests where Apple's spacer products are going, and it can be summed up in one word: Mac.
Matt Hunter is the senior technology editor at CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.
9to5Mac senior editor, Mark Gurman, said Friday that Apple is trying to revive declining iPad sales with a new function.
Dueling Apple Watch estimates from well-known analysts will not sway Apple's stellar performance, said Roger McNamee.
This is how ADT plans on cementing its spot on the Internet of Everything space, its CEO said.
Mobile games have exploded recently but many gamemakers are struggling forcing them to look for new ways to engage users.
The "Internet of Everything" – the connection of people, process, data and things – could usher in a new era of growth in the Middle East.
An entrepreneur has launched a fund called Fuel.Ventures and is crowdfunding part of it with starting investments as low as £100.