BEIJING— China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry. Officials said earlier that Mercedes Benz, Audi and Chrysler also violated the law.» Read More
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.
Even as Apple Inc. tries to fend off rumors that iPhone sales are slowing, and Nokia generates a flood of positive media because of better than expected sales this past quarter, struggling Palm continues to raise its hand, trying to get noticed amid all the action in the wireless sector.
If you think your portfolio has taken a hit since the beginning of the year, consider Steve Jobs and his stake in Apple: He's down $377 million and change since Jan. 1, so if anyone knows the magnitude of Apple's steep--and some say overdone--decline since then, it's the mercurial Apple chief.
If you believe the media -- and you should, every word ;) -- you'd think this nation was spiraling toward recession. But it's not necessarily so. Take Microsoft as an example...
If the entertainment and device division performance by Microsoft in its second quarter was a surprise, the company's online business growth is a stunner, especially as the company tries to chip away at Google's near total dominance.
When Microsoft's earnings came out yesterday, I had to do a double-take because it was hard for me to process just how strong these numbers truly were. I knew the company was poised for a strong quarter, but it was the breadth of its success, and optimistic guidance that took me, and so many investors, by surprise.
Microsoft beat estimates with both its earnings and sales numbers, and the company's shares jumped 8 percent in extended trading.
Matt Hunter is the senior technology editor at CNBC.com.
Cadie Thompson is a tech reporter for the Enterprise Team for 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.
Mark Berniker is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.
At just 27 years old, Maria Sharapova not only a tennis superstar, but a budding entrepreneur.
Despite critical car reviews and a heavy short interest, it seems Tesla's stock just can't be kept down.
Noted investor Roger McNamee says he recently moved a third of his portfolio from stocks to U.S. Treasury bonds.