Microsoft-co founder, Paul Allen, has won the title of the world's wealthiest bachelor, with an estimated personal fortune of $15.3 billion.» Read More
Stocks are striking a slightly positive tone as investors increasingly believe the credit crunch is being worked out. Tomorrow's jobs report for September remains a top focus. The U.S. dollar is barely changed against most currencies but slightly weaker against the euro and British pound after the European Central Bank and the Bank of England left rates unchanged this morning, as expected.
Billionaire investor Carl Icahn further boosted his stake in BEA Systems to 13.22%, according to a regulatory filing.
Yahoo, is working with auction leader eBay and its PayPal payments unit to block fake e-mails to users purporting to be from eBay and PayPal, hoping to spur on an industry that has been slow to fight the scourge of so-called phishing attacks.
So close, but so far yesterday, and now it appears investors will have to wait a little longer for Google to hit that magic, $600 a share milestone. This isn't quite "Dow 10,000," but the numbers are nothing short of staggering.
Apple, which introduced a new line of iPods in early September, has managed to stay one step ahead of the competition--so far.
Microsoft's new lineup of Zune digital media players will be made by contract manufacturer Flextronics International instead of Japan's Toshiba, which made the first Zune.
Yahoo is making Web search faster by introducing new ways of predicting what users are looking for, while seeking to keep pace with rivals by including video, audio and picture results as answers to text searches.
Sony's financial arm will raise $3 billion after setting its IPO price at the top end of an indicated range as investors looked past the U.S. subprime crisis and bet on its growth potential in the banking and insurance markets.
Google, the world's Web search leader, said Thursday it was unlikely U.S. antitrust authorities would seek to impose conditions on its $3.1 billion acquisition of advertising company DoubleClick.
Stocks ended with modest gains as better-than expected employment data overshadowed negative news from the housing industry. "Jobless claims dropping below 300,000 is a very good sign," said Michael Darda, chief economist at MKM Partners. "It really doesn't look like the labor market is falling off of a cliff here."
Microsoft's "Halo 3" video game set an opening-day U.S. sales record of $170 million, outdoing any video game or movie debut and giving the company's money-losing entertainment unit a strong boost toward profitability.
Seeking to narrow the gap with Google, Microsoft unveiled a retooled Web search service that aims to deliver more relevant results and combines text, video and other information onto a single page.
Its release is as important to Activision as Halo is to Microsoft, so it was no surprise the company pulled out all the stops at today’s New York City launch of Guitar Hero III: Legends of Rock.
The latest CNBC Holiday Central survey shows most expect holiday spending to grow 1% to 3% this year, the the smallest annual increase since 2002.
Rumors are flying about Microsoft's interest in investing in a 5% stake in Facebook--a stake that would value the social networking upstart at some $10 billion dollars. Viacom and Yahoo have both made bids for the company, Google is reportedly interested (though co-founder Sergey Brin told me back in July that they weren't pursuing Facebook) and now Microsoft's offer is shaping up.
On Tuesday Microsoft (MSFT) will release the highly anticipated Halo 3 in what’s predicted to be the biggest opening for an entertainment product ever. The software giant hopes Halo 3 will reverse 6 years of losses in its video game business. In Face 2 Face, hear from a video game expert who's among the very few to already have played this game.
Microsoft (MSFT) beat Google (GOOG) to the punch and made a 5% investment in the social networking phenomenon Facebook.com says WSJ. This comes as Bill Gates wages a campaign against Google's $3 billion purchase of online advertising firm Doubleclick, which is being reviewed by Congress later this week. How do you trade?
U.S. stocks finished lower on Monday as concern about the impact of the housing slump and credit squeeze hurt shares of financial companies.
Microsoft is talking to Facebook about an investment in the company that could value the fast-growing social network at $10 billion or more, the Wall Street Journal reported on its Web site on Monday.
I made the trek cross-country yesterday to front our exclusive Halo 3 release coverage from this Best Buy store at the corner of 44th and 5th Avenue in midtown Manhattan. This is one of 10,000 retailers nationwide that'll be hosting midnight-madness sales tonight to launch Halo 3 onto store shelves.