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Google's own corporate blog is breaking some big-time broadband news today: Google plans to build out its own broadband testbed, bringing unbelievably fast bandwidth to homes and business in test markets across the United States, targeting from 50,000 to a half million potential users.
It used to be that a basic $25-a-month phone bill was your main telecommunications expense. But by 2004, the average American spent $770.95 annually on services like cable television, Internet connectivity and video games, according to data from the Census Bureau. By 2008, that number rose to $903, outstripping inflation. By the end of this year, it is expected to have grown to $997.07. Add another $1,000 or more for cellphone service and the average family is spending as much on entertainment over devices as they are on dining out or buying gasoline.
Betting against Apple has become a kind of bloodsport on Wall Street, and following the company's earnings earlier this week, it bears repeating just how stellar these numbers were, and how extraordinary the opportunities are that lay ahead for this company.
Stocks tumbled Thursday as the dollar's gains and some disappointing economic numbers offset the positive earnings momentum. Techs were among the biggest decliners, led by Apple and Qualcomm.
How appropriate that AT&T's earnings were released the morning after Apple's big introduction of the iPad. AT&T is riding high thanks to its exclusive deal with Apple's popular iPhone.
Stocks tumbled Thursday as the dollar's gains and some disappointing economic numbers offset the positive earnings momentum this morning. Techs were among the morning's biggest decliners, led by Apple and Qualcomm.
Stocks were mostly lower Thursday as worries about a tighter grip from Washington and some disappointing economic numbers offset the positive earnings momentum this morning. Techs were among the morning's biggest decliners, led by Apple and Qualcomm.
Could Apple’s new iPad end up being too much of a good thing? The New York Times wonders.
What follows is a roundup of corporate earnings reports for Thursday, Jan. 28.
Stocks eked out a gain Wednesday as the debut of Apple's iPad tablet computer energized tech stocks and financials rebounded amid relief that the Fed's statement offered no surprises.
Stocks today: neither Geithner, nor Steve Jobs, nor Bernanke move the needle much. FOMC Statement: basically the same, but a slight upgrade to economic outlook, and a Hoenig dissent. The Apple iPad...good stuff, but AT&T provider a bummer.
This is a live blog from Jim Goldman who is in San Francisco attending an event at the Yerba Buena Center for the Arts where it is expected Apple will unveil and share details of its newest product, The iPad.
Although in the past, he has has strongly criticized Ben Bernanke, Cramer thinks the Fed chariman is doing "everything right."
Stocks continued to slide Wednesday after the Fed left the "extended period" language in their statement, referring to how long they will leave interest rates low. Stocks had already been trading lower after some disappointing earnings outlooks.
Ahead of Steve Jobs big presentation tomorrow attention turns to Verizon — a company that many thought would be featured in the Apple event.
Verizon Communications posted mobile customer growth that blew past Wall Street expectations for the fourth quarter but it reported a net loss from a hefty charge for worker layoffs.
We're used to major corporations sponsoring big sporting events, but a non-profit like ASCO? Huh?
Cramer took to task the problem of Ed Whitacre's CEO compensation, as well as stocks he's watching as the corporate jet business makes a surprising rebound.