All Carl Icahn wants is for Apple to spend $50 billion to buy back shares. Instead, Apple blew $200 million this week on the social media bubble.» Read More
Stocks posted their biggest gains in a week even though a series of strong economic reports cast doubts about whether the Federal Reserve will cut interest rates next week.
Dell is giving its investors a long-overdue gift in the form of a $10 billion stock buyback authorized by the company's board this morning. That should mitigate some of what could be contentious comments at the company's shareholder meeting later today. Or should it?
Big media is finally grasping that the sands beneath its feet are shifting; and Vivendi's bold step for Activision may be the beginnings of dramatic change for all kinds of digital entertainment. And it's about time. George Lucas (I know, major name-dropping here) told me not too long ago, that one of the key reasons for his studio's success is the seamless integration between his LucasArts video games division and LucasFilm, his studio operation.
Imus isn't talking, yet, but it's safe to say radio's best-known curmudgeon will have lots to say when his show kicks off at 6 a.m. EST Monday on WABC-AM and other Citadel Broadcasting stations around the country, ending his nearly eight-month banishment from the air.
The post about the Xbox 360 got more hits than any blog post I've done to date. It even surpassed my rant on Ann Coulter, and was picked up on MySpacenews. But I digress: sort of. Anyway, all this has me wondering if I should combine the two stories, and maybe throw in Warren Buffett, to get killer traffic:
It's official: after months of speculation and posturing, Google will indeed bid for the 700Mhz wireless spectrum coming to auction at the end of January. I have written about this before, suggesting such a bid was likely even though Google didn't get all it was looking for after lobbying the FCC for freer, more open networks.
No question our coverage Thursday surrounding Microsoft's Xbox issues generated a lot of interest. But it was my post about Microsoft's Xbox sales during last week, which included Black Friday, that generated a single, though extremely unusual response from Sony.
Sony's PlayStation 3 outsold Nintendo's Wii game console in Japan in November for the first time since the machines were launched last year, showing Sony may finally be overcoming a slow start versus its upstart rival.
If my son spent as much time on his homework as he does playing, mastering, studying, and researching video games, he'd be valedictorian. For months he's been telling me there have been problems with the Microsoft Xbox 360, which is his console of choice. He's been talking about the "red rings of doom," which signal the Xbox is "fried."
The blogs might be rife with complaints about Xbox and its overheating issues. And a lawsuit seeking class-action status against Microsoft because of Halo 3's alleged incompatibility with the system, might be working its way through the courts.
It's the kind of news at the kind of time that Microsoft must be brooding over: the blogosphere is rife with meltdown messages from Xbox users all over the country. Extended play--the kind associated with new blockbuster titles like Halo 3 and Call of Duty 4--leading to system crashes, overheating, and frustration.
The game console war enjoyed a robust battle on Black Friday and we're getting indications now of new momentum for Sony's flagging PlayStation franchise, and continued mega-sales for Nintendo's Wii. Hard data from Sony indicates a strong week for its platform. The company reports that PlayStation 3 hardware sales jumped 245 percent compared to Black Friday sales a year ago.
Rallies are now made to be sold, Jeff Macke said.
Verizon's news today that it will offer "open access" to its wireless network is a shot across AT&T's bow, and could be the first major step toward opening what has developed into a kind of "Kremlin" for connectivity. Verizon says by the end of next year, customers will be able to use any wireless device and software applications on its nationwide wireless network that are currently unavailable today.
Apple hosted an unusual one-day sale to usher in the holiday shopping season; rather unusual for a company that prides itself on pricing strength. But nonetheless, it's a move that appears to be paying off as the company tries to establish itself as this year's big winner.
Discounters, department stores and chains that sell electronics and teen fashions lured big crowds over the weekend as the holiday shopping season got off to a strong start.
Google enjoyed one of its biggest monthly gains in U.S. Web search market share in October, building on consistent gains over the past two years, according to industry data out on Wednesday.
Black Friday is a big day for DVD and player sales but some people may be confused. If you buy "Ratatouille" in high def, you've gotta have a Blu-ray player. If the new high def "Transformers" is your thing, that Blu-ray player on your PS3 is totally useless, you need an HD DVD player.
As the economy slows, Jeff Krumpelman finds strong promise in the chips. The senior portfolio manager for Fifth Third Asset Management specifically likes Intel. It's a large-cap company with a policy of dividend growth.
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