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Stocks were back on the see-saw Wednesday, rising and falling with each new report or flinch in oil prices.
I'll say from the outset that I have great respect for the Wall Street Journal. But I, along with a number of folks following the Yahoo/Microsoft will-they-or-won't-they drama are wondering what the point is of today's splashy, front-page tome purporting to break new ground about a new deal to grab a chunk of the company.
Microsoft is preparing a new bid for Yahoo's search business and has approached other media companies about joining it in a deal, the Wall Street Journal reported.
Dipping below $20 a share today is the clearest sign yet that Yahoo's strategies and messages don't seem to be resonating. And worse, some shareholders don't think they ever will.
Yahoo sought to rally shareholder support for its board of directors and management amid a proxy battle with billionaire Carl Icahn, saying the investor had outlined an "ill-defined plan" for the future of the Internet company.
Digital music seller Rhapsody is launching a $50 million marketing assault on Apple's iTunes, offering songs online and via partners including Yahoo and Verizon Wireless, Rhapsody said on Monday.
"Guitar Hero: Aerosmith," Activision's latest installment of their video game franchise, launched Friday at Time Square's Hard Rock Cafe release party n New York. It's the fourth game in the best-selling title, but the first based on a specific band.
Today's the day. Well sort of. Bill Gates will retire from Microsoft, kind of. He's leaving the day-to-day responsibilities to others. But not really.
Microsoft's Bill Gates told NBC's Tom Brokaw he does not think a deal with Yahoo was likely, CNBC reported on Friday.
This might be more a leap of faith, but it's a leap worth considering for both Intel and Apple, especially after the blogs have been awash this week about speculation over Intel's resistance to upgrade 80,000 employee computers to Microsoft's Vista.
Easy come, easy go, I suppose, when it comes to Oracle. The company barely had enough time to finish that first glass of champagne, celebrating a great fourth quarter when gloomy guidance cut the party short.
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The Dow ended with a modest gain after a pop from the Federal Reserve's rate decision fizzled.
When it comes to Yahoo and its stock, yesterday was a fast and furious kind of day, and while whip lashed traders lick their wounds and wonder what happens next, the action serves as an important lesson for investors. And not just investors in Yahoo and Microsoft.
Oracle ended 2007 as the software stock pick of the year for a few key analysts on the Street for 2008, and today we'll get a good idea as to whether those optimistic outlooks are still justified. Just about everyone I've talked to expects Oracle to beat expectations, so it doesn't seem like a question of "if," but instead, "by how much."
Stocks ended lower as a midday rally fizzled by the closing bell. Financials held onto modest gains.
Shares of Yahoo jumped on a report that Microsoft is back in talks to buy the company, though sources have told CNBC that no deal is in the offing.
Research in Motion will release earnings on Wednesday, and there's a fair amount of optimism swirling around these shares, even in the face of ever increasing competition and headlines from Apple and the iPhone.
Google was named Monday in a trade secrets lawsuit alleging that the company's business software unit copied a tiny start-up's tool for moving customers off of Microsoft software onto Google's.
Seems that last post about Oxford University Prof. Jonathan Zittrain and his worry about Apple's iPhone -- as well as other technology derailing our creativity -- struck a bit of a nerve. Several of you have written in, deriding his claims, calling him a Luddite, and more importantly, calling into question the basis on which he forms his opinions.