SAN FRANCISCO, Sept 19- By promoting its two presidents to serve as co-chief executives instead of founder and CEO Larry Ellison, database-and-software behemoth Oracle is setting itself a course that has confounded other big companies.» Read More
When it comes to Apple and the company's sagging stock price--and increasingly frustrated shareholders--it seems to me a solution is getting clearer by the day. Stock buyback.
As you might expect, my earlier post calling on Steve Jobs to announce a shareholder buyback at tomorrow's Apple spacer annual shareholder meeting, generated quite a bit of reader reaction. As we prepare to cover the meeting, I'm curious how many of you plan to attend...
The European Commission is sending a "statement of objections" to TomTom on its plans to purchase its main map supplier, Tele Atlas, a source with knowledge of the situation said on Saturday.
Google's comScore headache continues to resonate through Wall Street but a growing chorus of analysts are beginning to wonder whether this is really much ado about nothing. And when I say "much ado," I mean it, considering how much this report throttled Google stock.
Dell posted a lower-than-expected quarterly profit and cautioned that customers may rein in spending, sending its shares lower in extended trading.
Talk about a confusing report: Dell reports 31 cents a share on $15.99 billion in revenue and at first blush the news seemed almost devastating. The conventional wisdom going into the report was that expectations had been lowered so significantly that Dell should have no trouble at all beating them.
Has the long, national nightmare for Apple investors finally come to an end? After reading comments from Apple chief operating officer Tim Cook addressing the crowd at the Goldman Sachs tech conference in Las Vegas yesterday, it appears so. And not a moment too soon for the Mac faithful.
It's clear that Michael Dell's honeymoon period is over, and that investors are looking for tangible results from the turnaround strategy he has implemented since returning to his namesake company as CEO. The question though is whether this is merely a dead-cat bounce, or whether Dell is truly beginning to turn things around.
Google, already the world's most popular spot for finding Web sites, is aiming to become the go-to place for creating Web sites too.
I just got my invite to the next big Apple media event. This one is called iPhone Software Roadmap and it'll take place at the company's headquarters in Cupertino, California on March 6th.
So if you think your portfolio has problems, consider the plight of the Google guys and what they've been suffering since shares hit that high of $747 in early November. This has been a rough few months for legions of Google shareholders, but particularly hard on Larry and Sergey.
The European Union stepped up to level the biggest single fine against a company when it slapped Microsoft with a $1.35 billion penalty for anti-trust and anti-competitive behavior, and for not complying with earlier rulings to curb these kinds of practices.
Kids have between $20 billion and $175 billion in spending power, so what's the best way for businesses to access that cash? Tabreez Verjee, president of GoFish, has the answer.
Needless to say, my posts on Google and Apple are generating a flood of response from many of you feeling the frustration of these steep declines, so in the vein of "misery loves company," here's a taste of some of your missives. Rest assured, if you're confused, you're not alone -- so are the experts.
Last post I focused on Google, but much of the same fear and frustration swirling around those shares can be said of Apple as well, another of last year's high-flyers that have come crashing back down to earth.
IBM said its board has authorized a $15 billion share buyback program that could boost 2008 earnings by 5 cents a share, sending its stock up 3 percent.
Another day, another big drop in Google shares. Another day, and more head-scratching for Apple shareholders. For Google, it's getting ugly. Even a big, broad Wall Street rally couldn't help these shares, ceding another 4 percent on Monday with the slide continuing pre-market today.
Electronic Arts is desperate; and desperate times call for desperate measures. Look no further than the company's multiple bids for Take-Two Interactive, a company with such a checkered financial past, pandering to the lowest common denominator of entertainment, but that apparently commands a 64 percent premium that in Take-Two's estimation still isn't enough.
A group led by a Princeton University computer security researcher has developed a simple method to steal encrypted information stored on computer hard disks.
EU and U.S. senior officials said on Friday they would crack down on counterfeiting of computer components after they seized over 360,000 fake items in just two weeks in a joint operation at the end of last year.