Ride sharing company Uber is valued at nearly $51 billion after its most recent round of funding, The Wall Street Journal reported.» Read More
At least six CEOs of publicly traded companies have been fired since the start of the New Year and we're only halfway through January. Experts say CEO firings double during bad times. And talk about bad times.
Major indexes declined Thursday as investors digested the latest round of earnings and layoff news. Bank of America skidded amid news that the bank is going back to the government for help, while JPMorgan ticked higher after beating earnings estimates.
Could a deal between Yahoo! and Microsoft be imminent? Find out what the Fast Money traders have to say!
Stocks wobbled Tuesday, paring some gains, though the tech-heavy Nasdaq remained higher.
CBS is relaunching its online TV site—TV.com—as the most comprehensive online destination for streaming TV content, information about shows, and fan communities.
Among computer geeks of a certain age Microsoft has long been synonymous with the word evil. I think that's giving the brass at Microsoft a little too much credit. To me, they're just clueless. Steve Ballmer should just go ahead and fire everyone over the age of, say, 35, and let people who really understand how computers are used run the show.
Despite of the Dow crossing over 9,000 on Tuesday, the markets all settled down about 4% or greater for the week. Crude oil dipped below $40 per barrel for the first time in 2009 following the weak jobs report.
President-elect Barack Obama has repeatedly said how much his BlackBerry means to him. If he wasn't a public servent, it could also mean a lot of money for him, reports the New York Times.
Now is the best time for a partnership between Microsoft and Yahoo in the search business, as both companies are undergoing a management transition, Steve Ballmer, Microsoft's chief executive officer, told the Financial Times in an interview published on the paper's Web site.
The December jobs report has been hanging over the markets like a dark cloud all week. Its importance has grown larger by the day as economists ratcheted up their expectations for job losses.
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Stocks ended mixed as dismal December retail sales — notably from discount giant Wal-Mart — offset strength in techs, led by Microsoft.
Stocks took a hit from weak December retail sales — even from some of the biggest discount names — but trimmed losses arround midday as strength from Microsoft helped push the Nasdaq into positive territory.
Weaker-than-expected December numbers from Wal-Mart sent stock futures sharply lower as retailers overall painted a bleak picture of holiday sales.
The annual Consumer Electronics Show (CES) kicks off today in Las Vegas and one week into the new year, the S&P Tech Sector is off to a strong start up 3.6% and only behind the Materials Sector.
Microsoft CEO Steve Ballmer took the stage in Las Vegas Wednesday night to kick off the annual Consumer Electronics Show, the first time he has delivered the prestigious opening keynote address, a role filled by his colleague Bill Gates for the last 14 years.
If you’re a tech investors you might want to keep a close on the CES show. We’re hearing some things….
Stocks logged their worst loss in about a month Wednesday amid some dismal predictions on the jobs front and as profit warnings started to roll in.
Here's the thing about technology and the technology industry: pioneers and visionaries like Microsoft, Intel, Sony and so many others didn't make their fortunes focused on today and tomorrow. They're all about the future, which is particularly important in today's current economic climate.
Followed by a year marked by the worst financial crisis since the Great Depression, optimism for a modest recovery seems to have taken root among some investors. Here are some of the stocks winning since the beginning of the year.