Shaking off geopolitical flare-ups for now, analysts say the S&P 500 is taking aim at the 2000 level, and the next round of earnings news could help.» Read More
We've heard the Google, Microsoft, Facebook 'story' before, but today's rendition comes with a new sense of urgency: The New York Post, then moments later the Wall Street Journal, report a deal between someone and Facebook is imminent: 24 or 48 hours away.
Japan's Nintendo nearly tripled its first-half profit and boosted its annual earnings outlook on Thursday as its popular Wii and DS game machines outsell rival Sony's PlayStation.
We now have a definitive agreement: Microsoft gets a stake in Facebook for $240 million, and now valuing the company at $15 billion. For a company that will do $30 million in profits on $150 million in revenue, that's a nifty valuation!
After much negotiation, and a tussle with Google, Microsoft snagged a new deal with Facebook. MSFT already handles Facebook's ad sales in the U.S., for the next few years at least. This extends the contract to Facebook's international business--already over half its ad business is overseas, and this is the area that has the biggest growth potential.
What should investors expect from Google’s analyst meeting on Wednesday? Martin Pyykkonen, Global Crown Capital senior media and Internet analyst, joined “Squawk Box” to offer his insights.
News Corp's MySpace is trying to retain a hold on its users who may be tempted by newer, hipper Facebook. So, MySpace is staking a claim in online gaming, partnering with Oberon Media, a company that creates and distributes online games. MySpace's games section will launch in January with hundreds of free "casual" games.
Microsoft has momentum as its friend when it comes to the game console business. Finally. Halo 3 has been like a magic elixir for Xbox 360, by some measures tripling console sales in the wake of the title's release, and for the first time, Microsoft beat sales of Nintendo's Wii during the month of September, selling an average of 105,600 units a week last month.
Microsoft said on Monday it is launching a reworked low-end version of its Xbox 360 in a bid to widen the game console's appeal to a broader audience that has flocked to rival Nintendo's Wii.
Sources I'm talking to at the company suggest that an announcement could come soon that Microsoft will unveil a new version of Xbox 360 featuring a built-in HD-DVD player and HD tuner. The device might be officially unveiled during Bill Gates' keynote at the upcoming Consumer Electronics Show in January, which could be a bummer since it misses this upcoming Holiday Shopping season.
Traders expecting a sloppy day, with weakness at the open, but many are anticipating an attempt to stabilize right after that: others insist there is no reason to step in and be a hero on the long side.
Will Friday’s sell-off have a dramtaic impact on Monday's trading and the earnings flood that lies ahead?
Microsoft ended three years of resistance on Monday and finally agreed to comply with a landmark 2004 antitrust decision by the European Commission.
The European Commission on Monday extended the deadline for its inquiry into Google's proposed purchase of rival DoubleClick to Nov. 13 from Oct. 26.
Microsoft said it would cut the Japan price of its Xbox 360 game gear by 13 percent to 34,800 yen ($305) on Nov 1 in a bid to shore up demand for the console struggling in a home turf of Nintendo and Sony.
U.S. stock investors looking to recoup from the worst week in almost three months will have to keep one eye out for signs of weakness in earnings due this week and the other on the threat surging oil prices.
Less than two weeks after its stock price smashed through $600 for the first time, Google showed why it might not be long before the Internet search leader's shares are flirting with $700.
Web search leader Google reported a 46 percent rise in profit, fueled by recent accelerating market share gains and tightened cost controls.
Media companies including Viacom, Microsoft, News Corp.'s Fox and MySpace units and others have agreed to guidelines aimed at protecting copyrights online, a source familiar with the matter said on Thursday.
Sony on Thursday cut the price of its PlayStation 3 game console in the U.S. and announced an even cheaper model that will arrive before the holiday shopping season.
Steve Jobs has a message for third party software developers who have largely been shut out of the iPhone extravaganza: Call Us Up! In a sharp reversal to an earlier policy, and in an open letter from Jobs posted on Apple's web site, the company is now inviting software developers to create applications for the iPhone that would live on the iPhone's memory and not on the web.