Rackspace, the cloud computing player that has been for sale since May, says it intends to remain independent, Re/code reports.» Read More
What a stunning turn of events for two of the best known names in technology, squaring off over the same name: iPhone. Weeks ago, I covered the naming controversy surrounding the impending announcement of Apple Inc.'s long-anticipated mobile device. For the past year, just about everyone referred to Apple's cell phone as the "iPhone." Go to Google, and the "i's" are certainly in Apple's favor: type in "Apple" and "iPhone" and you get 8.7 million results. Do the same with "Cisco" and "iPhone" and you only get 1.7 million results. Seems just about everyone is reaching the same connection that iPhone and Apple go together like chips and salsa.
Cisco Systems said it sued Apple for infringing its "iPhone" trademark, after Apple unveiled a multimedia phone of the same name.
Apple shares are jumping higher this afternoon--up around 6.5% after the company unveiled it's new iPhone. “We’re gonna make some history today,” said Steve Jobs, the inconic head of Apple during his annual presentation at the MacWorld conference in San Francisco. “This is a day I’ve been looking forward to for two and a half years. Every once in a while, a revolutionary product comes along that changes everything.”
Just a few days away now from what promises to be an absolutely blockbuster week in the world of electronics, beginning with the massive Consumer Electronics Show in Las Vegas ... CES will be attended by 145,000 registered guests, 2,600 exhibiting companies spread across 35 football fields. But this year's show gives us pause to look back since CES celebrates its 40th anniversary.Ironic since this past December 28, I celebrated my 40th birthday as well. Ironic still since my wife took me away to a decidedly low-tech, nature-infused Calistoga Ranch in California's Napa Valley. As I absorbed the phenomenal scenery, the extraordinary attention to every detail, the attentive service, the wine, the spa, the food, all the relaxation gave my mind a chance to wander: preparing for the electronics extravaganza ahead while letting my mind drift to my first CES in 1994 ...
Who's the best CEO in the country? Morningstar knows what separates the best from the rest. On CNBC’s “Morning Call” Pat Dorsey, Morningstar's Director of Stock analysis revealed Morningstar’s CEO of the Year!
Top U.S. network equipment maker Cisco Systems said on Thursday it will buy Web messaging and e-mail security firm IronPort Systems for $830 million to tap growing demand for anti-virus and anti-spam software.
This could get confusing. We just heard from someone who likes small caps for 2007 but what's the view on large caps? Will they still hold investor interest this year or will small caps rule? George Foley is First Vice President, Portfolio Manager at Glenmede Large Cap Value Fund . He appeared on "Squawk on the Street" to give his forecast.
Investors are believing in the Santa Claus rally again. After another strong week in stocks, many think the markets may continue rising.
Seventeen initial public offering are scheduled to come to market this week, and analysts think the two to watch are Guidance Software and IPG Photonics.
A lot of investors are betting big on tech right now. But are they making a big mistake? On today’s “Street Signs” Erin Burnett spoke with Andrew Bartels, VP of Research for Forrester . He's out with a new report saying growth in IT spending will likely slow down. She also spoke with Brendan Barnicle a Senior Technology Analyst at Pacific Crest Securities.....
The writing was on the wall the moment Yahoo hired Hillary Schneider. The media executive from the former Knight Ridder was brought on to run Yahoo's new Marketplace initiative. But she wasn't to report to CEO Terry Semel, or even COO Dan Rosensweig. Nope, she would report to CFO Sue Decker.
On Wednesday the Fast Money traders were squarely focused on 3 key developments that may signal serious challenges lie ahead for the stocks.