Ride sharing company Uber is valued at nearly $51 billion after its most recent round of funding, The Wall Street Journal reported.» Read More
Warren Buffett and Bill Gates answered questions from more than 700 cheering Columbia University students gathered in a campus auditorium for a 90-minute CNBC Town Hall event that will air at 9p ET tonight. Speaking of the severe problems last fall at the height of the crisis, Buffett said, "Our economy was sputtering" and "is still sputtering some."
This “denial of service” business model is, I believe, doomed. The new edge in technology will belong to the companies that invest over the long term in earning the trust of their customers, writes Lanham Napier CEO of Rackspace.
Apple Inc. has opened lots of stores over the past couple of years, but today's New York City event is a little different than most. That's because senior vice president Ron Johnson, Apple's retail guru, had some comments to share about the company's upcoming retail plans for 2010.
The holiday season is traditionally viewed as a time of good cheer and hope, but for many video game publishers, 2009’s will be filled with shot nerves and stress.
As you gear up for your holiday shopping, here are the games most likely to be on the wish lists of friends and family.
U.S. President Barack Obama ranked at the top of the list of the world's most powerful people, according to Forbes.
News Web sites are starting to look a lot less like newspapers and a lot more like television, says the New York Times.
Different sectors are taking turns pushing stocks higher. Find out who’s waiting around the bend.
Rupert Murdoch isn't what one would call "subtle." In an effort to illustrate the value of News Corp's online content, he's laid down the gauntlet to Google and other search engines and aggregators.
A weird thing is happening right now, and it borders on the dangerous. Companies want to merge, and partner, and collaborate, and they have lots of cash on the balance sheet, ready to do deals that may help jumpstart their businesses, light a fire under sluggish markets, increase efficiencies, and generate nice returns for their investors. Yet federal agencies in this country and abroad aren't merely getting more active when it comes to scrutinizing the deals, they're getting activist.
Yahoo is done with its cost-cutting program and now hiring, Chief Executive Carol Bartz told CNBC Tuesday.
In some cases, the difference between a winner and loser is often in the eye of the beholder--who can be a victim or a beneficiary--or simply a political ideologue. That’s why we want readers to weigh in and vote on a variety of people and concepts. We’ll report back with results and rankings on December 1.
On Saturday, the House backed a health care bill that would expand coverage to nearly all Americans and bar insurance practices such as refusing to cover people with pre-existing medical conditions. How should investors be positioned? Bob Phillips, managing partner at Spectrum Management Group and Robert Zagunis, co-portfolio manager at Jensen Investment Management shared their insights.
It’s no secret the video game industry is having a rough 2009 here in the United States — but that's not the only place it's struggling.
On a week where the Dow closes above 10K, gold tops $1,100 and unemployment hits 10.2%, the markets shrug off negative data to end the week up over 3%.
While there are now over 100,000 apps in the Apple App store, the vast majority of them were created on a shoestring budget. With customers flocking toward lower-priced program, it just doesn’t make business sense to spend big development dollars—especially on games, the App store’s most crowded category.
Activision Blizzard CEO Robert Kotick said a change in the video game maker's release schedule caused the company to forecast a weaker than expected fourth quarter, but he spoke confidently about the upcoming release of games such as DJ Hero and Band Hero.
Stocks gained on Thursday as a strong reading on productivity and an easing in jobless claims helped cheer investors. Steve Grasso, director of institutional sales at Stuart Frankel and CNBC market analyst, and Alan Valdes, vice president at Kabrik Trading, shared their market insights.
Considering sales of Windows 7 were just called ‘fantastic” by CEO Steve Ballmer, should you take a long position in Microsoft?
The Fed expressed confidence that a recovery is building—but said it will keep borrowing costs near zero for "an extended period." Is this good news for investors and the markets? Robert Doll, vice chairman and global CIO of equities at BlackRock, shared his insights.