Taiwan’s HTC has overtaken Nokia in terms of market value, highlighting a changing of the guard in the mobile phone industry as a raft of new entrants have challenged the Finnish company’s dominance of the sector. The Financial Times reports.
Hulu is on track to “approach half a billion in 2011 revenue” this year as the number of paying subscribers increases. Hulu, the Q2 leader in U.S. online video advertising, has seen a 67% growth in content hours since its launch in November.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Insight on Microsoft's new offensive move against Google; Facebook announces a deal with Skype; and old tech names gain attention, with the Fast Money crew.
Facebook founder/CEO Mark Zuckerberg and Skype CEO Tony Bates announce group chat and video calling will be new features on the social networking service.
Who is the most popular person on Google+, the company’s new social networking service? the New York Times reports. That title is currently held by Mark Zuckerberg, the founder and chief executive of Facebook — the very service that Google+ was meant to challenge.
There is a familiar sense of déjà vu. In some ways, it's the year 2000 once again in the IPO world. Zynga, maker of social games such as "FarmVille" and "CityVille," becomes the latest company to feed the social-media frenzy with its IPO plans to raise US $1 billion.
On May 11, a bipartisan group of six Congressman proposed new legislation establishing a repatriation tax holiday modeled after a similar provision enacted as part of the American Jobs Creation Act of 2004 (the “2004 Tax Holiday”).
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Stocks finished mixed in choppy, low-volume trading Tuesday, with the Dow and S&P breaking a five-day winning streak, as investors largely shrugged off Moody's downgrade of Portugal's rating into junk territory and ahead of some key employment news expected later this week.
This weekend, we celebrated America: Its rolling hills, its stars and stripes, and the entrepreneurial spirit that makes it tick.
Stocks paring earlier losses in choppy, low-volume trading Tuesday, as investors largely shrugged off Moody's downgrade of Portugal's rating into junk territory.
Heath Terry, managing director of Canaccord Genuity, told CNBC Tuesday he believes Google stock can easily reach $800 a share based on increasing Android-powered mobile communications revenue and market share.
While the summer temperatures rise, Buffalo Wild Wings are also catching some heat, hitting an an all time high with shares up by more than 50 percent.
CNBC's Herb Greenberg reports Netflix's stock surges on word the company is making inroads into Latin America, and the Fast Money traders weigh in on oil, gold and tech trades to play today.
Stocks struggled for direction in choppy, low-volume trading Tuesday, after logging their biggest gain last week in almost two years.
Futures wavered ahead of the open Tuesday as traders took a cautious stance after the long weekend, waiting to see if economic growth will return to the U.S. and whether concerns over Greek debt can be eased.
Stocks closed sharply higher Friday to finish their best week almost two years following a stronger-than-expected manufacturing report that helped calm some doubts over the slowing recovery.
Despite the fact that the Los Angeles Times reported today that "Google is in preliminary talks to buy online video pioneer Hulu," a number of sources very close to the negotiations tell me that all talks are "very preliminary" and it is "impossible to characterize anyone as being in the lead."
The S&P is on track to put in its single best week in nearly a year. Is the market action a buy signal? Or is it the top?