May 22- Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business. The Waterloo, Ontario- based company last month said it was considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs. Up to Friday's close, the...» Read More
You've probably heard by now, Yahoo is buying Rivals for something close to $100 million. The first question you should ask me is, is it worth it? That's such a hard question to answer, but let me tell you what you need to consider. A lot of people are going to criticize the value of this deal. They're going to say, it would have cost Yahoo a whole lot less to get 200 local journalists in each of the markets and have them build sites. What's missing from that equation is time.
Apple Inc. and the company's iPhone continue to generate the lion share of headlines in the world of tech nowadays; it's the world of tech that may be worth a second look for investors. Something crazy is going on. It seems to have begun on Monday when our David Faber broke the news that Yahoo was in play, and he rattled off a list of companies that might be sniffing around for a deal. Time Warner, AT&T, Comcast, Microsoft, News Corp. The usual suspects, if you will.
Yahoo's next chapter begins today with a "what's old is new again" approach. Yahoo co-founder Jerry Yang moves into the C-suite; and Susan Decker moves next door as the company's president. And with a few hours under our belts to digest Terry Semel's departure, it gives us some opportunity to look ahead at what's next for this company.
When it comes to Google say it with me: Here we go again!The company is getting ready to celebrate another key milestone in August: its 3rd anniversary as a publicly traded company. Sure there will be the usual partying (especially if the stock keeps performing as it is today and stays above the nose-bleed $500 a share. (It opened at $85 three years ago, August 19.)
Apple Inc. shoots down two of the biggest criticisms of its upcoming iPhone, and does so with gusto! Not an easy trick since the iPhone is still almost two weeks away. But that hasn't stopped critics and pundits from taking on the technology inside what some are calling the "Jesus Phone" because of the universal hype surrounding the product. A kind of "Second Coming" for technology brought to us by the High Lord of Cupertino. Well, you get the gist.
There may be a few party-planners at Google looking for work this morning. By now, you've heard the story, I'm sure, but for scene-setting purposes, here's the rub: eBay prepares to host its massive "eBay Live!" event in Boston this week, with 10,000 of the company's most rabid users getting together to celebrate their online lives and businesses. It's no secret that some eBayers continue to be upset about fees their paying the company and eBay's regular fee hikes.
CIO.com is an online resource for Chief Information Officers, you know, the head IT guys. And whether they live here or in India, they share a common fate: doomed to a maze of pipelines, processes, and Bluetooth earphones. The site recently did a survey over which wireless devices create the most "buzz" around speakers (BlackBerry Pearl is the buzziest). But my favorite recent column (yes, it's true, I occasionally read something called CIO.com) is titled "Dairy of a Tired CTO."
A strong minority of Yahoo shareholders challenged the Web company's direction on Tuesday by voting against board-nominated directors at the annual meeting, and investors confronted Chief Executive Terry Semel.
Analyst actions and earnings news were some of the catalysts behind the most actively traded stocks on Tuesday. Financial stocks were in focus and Lehman Brothers rose on heavy trading volume after the investment banking firm reported strong quarterly earnings.
Fresh back from a week off at Disneyland with the family, I'm raring to go. And I noticed something as we cruised around the park. Cell phones were ubiquitous. People using them standing online. People using them riding rides! Kids. Adults. Everyone. Not so prevalent, but still there, were portable gaming devices. Yes, if you can believe it, kids wandering around the park, or sitting on a bench, or waiting on line for a ride, playing PSPs and Nintendo DSs.
Analyst actions and clinical trial data were some of the catalysts behind the most actively traded stocks on Monday. Shares of both XM Satellite Radio and Sirius Satellite Radio advanced on above-average trading volume on Monday after the Federal Communications Commission began the long-awaited public notice period of the proposed merger of the satellite radio providers.
Searching on the web has been hot forever, or at least since Google created its nifty homepage. But now Ask.com is coming up with a crazy new way to compete--Ask3D, a new search platform. It can't really be 3-D if it's on your computer screen, but it is a 3-panel interface, that delivers results with both Web links and video, images, and links to things like music, all one one page. Sort of like if you searched all of Google's categories (news, images, video) all with one click.
Intel detailed plans Tuesday to team up with Asustek Computer, the world's largest maker of computer motherboards, to make a notebook PC that would cost as little as $200 aimed at the education market in developing countries.
Merger news and product recalls were some of the catalysts behind the most actively traded stocks on Tuesday.
Shi Nisman is one of the twenty finalists in our Million Dollar Portfolio Challenge (by the way, his first name rhymes with shy). But Shi is not "shy" about the contest--he's in 7th place today as we head into the last hours of trading for the contest. He wants to win the $1,000,000 prize--but has some work to do. His strategy for the contest was to pick volatile stocks with expected low correlation to the rest of the contest participants. Shi works for an investment firm and grew up in Israel and San Antonio, Texas.
Well, it's the final day of trading for the Second Chance contestants--who are competing for the Sony Home Theatre Entertainment System. You "second chancers" continue to outpace the Million Dollar Portfolio contestants by over $300K in total portfolio value--but the Million $ contestants have narrowed the gap again. So here's the latest on Second Chance. Ronald Rose jumps from sixth place into first place. Ronald only gained a modest $2K, but with losses by Wednesday's top 5 contestants he was able to take the lead.
Good morning all. We're starting this last day on the rough side as more than half of our Million Dollar contestants lost ground Thursday in a volatile market. All of our finalists are fully invested, with the exception of #15, Chuck Chow who is all in cash. Nancy Beaumont holds first place for the 4th straight day on the 9% gain of Gymboree. Nancy may hold onto the top spot with her almost all-in trade on Verigy, a Singapore-based maker of test systems for the semiconductor industry, which beat estimates after the bell Thursday. Verigy was up almost 10% in extended hours.
Earnings updates and contract wins were some of the catalysts behind the most actively traded stocks on Thursday.
Asset sales and earnings reports catalyzed the most actively traded stocks on Tuesday.
M&A news and drug trial updates provided some of the catalysts behind the most actively traded stocks on Monday.