BEIJING, March 29- China's President Xi Jinping said he hoped its annual trade with the countries involved in Beijing's plan to create a modern Silk Road would surpass $2.5 trillion in a decade. Projects under the plan include a network of railways, highways, oil and gas pipelines, power grids, Internet networks, maritime and other infrastructure links across...» Read More
Computer maker Dell Monday said it has agreed to buy EqualLogic, a developer of network storage systems, for about $1.4 billion in cash.
Business software maker BEA Systems said it would provide confidential information to shareholder Carl Icahn explaining why it rejected a $17-per-share takeover bid from Oracle.
Network gear maker Cisco Systems on Thursday announced a multi-year, $16 billion series of initiatives to expand in China with investments in manufacturing, venture capital and education efforts.
As high drama grips the software industry, with investors watching every detail of Oracle's hostile bid for BEA Systems, there's another drama shaping up behind the scenes involving Oracle CEO Larry Ellison. While he makes headlines for what he's trying to buy, you might be even more interested in what he's trying to sell. His stock. Selling lots of it. Daily.
Just an update on the blog I brought you earlier in the week about Larry Ellison and his recent sales activity in Oracle shares. His breathtaking share-dumps are apparently continuing with 1 million more shares sold today.
Google cracked $700 a share this morning, just three weeks after surpassing $600 for the first time. Sure, as Google becomes more valuable, these $100 milestones will get easier to achieve, but you can't discount a 16% move by a company worth over $200 billion in under a month. It's significa
Google's stock barreled through $700 for the first time Wednesday, propelled by a belief that the Internet search leader will become even more profitable as it plants its products and services in new markets.
All of us in California, indeed millions across the country, were gripped by those horrific images of the raging fires in Southern California. And in the midst of the tragedy, when we had a chance to hear from the victims fleeing their homes, they were usually asked what they grabbed as they were evacuating.
It is estimated that 100 children are killed and hundreds more injured each year by cars backing up. It's a problem with seemingly no solution for the millions of people who back out of their driveways and onto busy streets each day. But a new innovation —a Lazy Susan of sorts —could change that. It's called the "CarTurner."
Better late than never, but when it comes to NBC and Fox and the new Hulu, it's about time. I say about time because I wonder just how long big media is going to sit around and bemoan upstarts like YouTube muscling in on their territory. Woe is me, these companies have complained: They're stealing our content. They're breaching our copyrights.
Walgreen plans to put kiosks that can make DVDs of popular movies in drugstore photo departments next year, using a new system that would increase selection while avoiding piracy.
Where can the traders be found this week? Deep in the heart of techs.
Microsoft shares soared to a six-year high Friday, after issuing a muscular first-quarter earnings report and raising its full-year earnings guidance the day before.
Facebook, the social network Web site, is looking to hedge funds and private-equity investors to raise an additional $260 million in financing, the Wall Street Journal reported on its Web site on Thursday.
It's not often I do a double-take when I read a financial earnings report, but I had to make sure I was looking at Microsoft's numbers and not some other company's. The company beats by 6 cents a share; 45 cents instead of the 39 cents the Street was expecting.
Singer-guitarist Walter de Castro couldn't believe his luck when he found out his band's song "The Core" would be featured on "FIFA 2008," the Electronic Arts popular soccer game.
We've heard the Google, Microsoft, Facebook 'story' before, but today's rendition comes with a new sense of urgency: The New York Post, then moments later the Wall Street Journal, report a deal between someone and Facebook is imminent: 24 or 48 hours away.
Sony swung to a quarterly operating profit as it booked strong sales of liquid crystal display TVs and digital cameras and benefited from a weaker yen, and it slightly raised its full-year forecast.
We now have a definitive agreement: Microsoft gets a stake in Facebook for $240 million, and now valuing the company at $15 billion. For a company that will do $30 million in profits on $150 million in revenue, that's a nifty valuation!
This is the LIVE BLOG for today's Google analyst meeting at the company's headquarters in Mountain View, California. Get up to the minute posts as the action happens.