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In an escalation of its fight for Yahoo, Microsoft will authorize a proxy fight at the Internet company this week, according to people briefed on the matter.
Shares of Toshiba jumped 5 percent on Monday as analysts applauded the company's expected move to abandon its HD DVD format, leaving Blu-ray technology backed by Sony to become the standard for the next-generation DVD.
Toshiba is planning to give up on its HD DVD format for high definition DVDs, conceding defeat to the competing Blu-Ray technology backed by Sony, a company source said on Saturday.
There's just too much uncertainty on the horizon for this government contractor.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.
For Sony, it's about time. For Microsoft, "worry time" might be upon it. What's stunning, however, is how long it took for Sony to re-assert itself in the video game console market and shift the tide that swallowed up its industry lead.
It's official, or as official as this is going to get: HD DVD is dead; long live Blu-ray! All along, industry pundits have compared the next-generation DVD format war to the Beta vs. VHS conflict when VCRs first burst on the scene. I didn't realize just how true that comparison truly was.
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.
Shares of Nvidia suffered their worst one-day loss in more than three years Thursday, a day after the graphics chipmaker reported the first weakening of gross margin in 13 quarters and concerns mounted over competitive risks from rivals ATI and Intel.
Is Microsoft a dinosaur? Maybe, but the company's new website builder for small businesses shows that the software giant is still capable of innovative products.
Network Appliance posted a higher quarterly profit but forecast lower-than-expected revenue in the current quarter, sending its shares lower.
Are they or aren't they? Only their investment bankers know for sure. Today began with blog rumors of a potential asset swap between Yahoo and Rupert Murdoch's News Corp.,or even an outright competing bid to Microsoft's $44.6 billion hostile offer.
What a week-and-a-half for Yahoo it has been: a $44.6 billion hostile bid for the company, a whopping 62 percent premium, then rumors of multiple suitors chomping at the bit to snap up this company, rumors of a remarkable plan to make this company into an independent money-machine--secret plans that'll turn Yahoo into the greatest name online.
Applied Materials posted a lower quarterly profit as revenue declined 8 percent amid a slump in the semiconductor equipment manufacturing industry, but the company's performance beat expectations.
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.
The technology industry's outlook for 2008 looks worse than it did just two months ago, when fears of a U.S. recession already were leading analysts to predict a slowdown in purchases of computers, software and tech services.
There's that old saying that if six people say you're drunk, you can argue and argue and argue--slurring your words along the way--that you're not. But if everyone thinks you're drunk and you're the only one who disagrees, chances are you're drunk.
U.S. computer maker Dell said on Friday that it was offering the majority of its consumer personal computers with Advanced Micro Devices chips through retail stores and by phone rather than the Internet.
Cisco Systems met forecasts with its quarterly earnings, but its shares tumbled after CEO John Chambers said customers are becoming "increasingly cautious."