Nov 24- EMC Corp, in a bid to boost shareholder support for its sale to Dell Inc, will retain a majority stake in Virtustream and abandon a plan to place the loss-making cloud services provider in a joint venture with VMware Inc, people familiar with the matter said. The move is aimed at lifting VMware's shares, which have lost about a quarter of their value since...» Read More
It’s obvious that the company is never going to earn its letterman’s jacket, so perhaps the time has come for it to walk away from the sports category.
If you haven't seen the video on youtube yet, it's worth a look. If this is legit, it's brutal, and Hewlett-Packard , the world's largest personal computer maker, has some major explaining to do.
Carl Icahn and Take Two Interactive Software are hardly strangers. The investor raised eyebrows Thursday after reporting an 11.3 percent stake in the video game publisher. Given his activist shareholder history, some took that as a sign that Take Two would soon be back on the sales block.
Big swings can often lead to strikeouts. But it can also mean home runs, and that's exactly what "Options Action" contributor and Phoenix Partner's Chief Derivatives Strategist Dan Nathan hit last week by purchasing the RIMM December 60/65 strangle ahead of earnings.
So much concern, so much talk about dealing with disappointment, and a perceived slowdown in Blackberry momentum amid so much media clamor about anything and everything Droid from Google and what does Research in Motion do? Blows everyone away, that's what.
If you think about the Oracle earnings release, it might be even more impressive than it seems. Consider that it has been more than a year since its last acquisition of any real significance, and yet the company was able easily to beat top line forecasts.
This should be an intriguing report from Oracle tonight after the bell, and potentially the best argument yet that this sleeper and not-so-gentle-giant is poised for a break-out.
A list of the year’s 10 best selling games through the end of November shows titles for the Nintendo Wii and DS filling six slots— with 15.5 million units sold. That’s over 58 percent of the list’s total sales.
Blu-ray, a high-definition variation of the DVD format introduced three years ago, was initially met by a collective shrug from most consumers. Who needed another black box to connect to the TV, the thinking went, even if it did promise to play movie discs in clear, crisp high-definition?
The largest entertainment launch of the year wasn’t enough to push video game sales into positive territory in November, raising concerns about the overall health of the industry.
Many investors are too conservatively positioned to the end of the year, said Thomas Lee, chief U.S. equity strategist at JPMorgan. He told investors where they should be looking.
Take Two Interactive Software has always fought against its reputation as a company with one bullet in its gun: the Grand Theft Auto series. In recent years, it seemed to be making some headway in those efforts, building a number of strong, if not super-powered, franchises that were far removed from its flagship title.
A brewing price war over video games is taking its toll on the industry’s top specialty retailer.
In many ways, MySQL embodies the ideals of the populist software movement known as open source, in which a program’s creator releases it to the world free of charge, and legions of volunteers contribute improvements that are also freely shared.
To say “Call of Duty: Modern Warfare 2” is a hit is akin to calling the Atlantic Ocean a bit humid. The video game has shattered sales records throughout the entertainment industry – besting other games, films and books.
The television industry has known for years that video games are a threat to viewership, but a new pilot program might finally give some insight into exactly how big that threat is.
Identity fraud has been on the rise, as criminal cunning may be mixing with desperation during the downturn. But a new breed of products is tackling the trickier matter of preventing identity theft, says the New York TImes.
A video making the rounds online shows employees at a Microsoft store in California busting out a lame version of the electric slide set to the Black-Eyed Peas’ “I Gotta Feeling.” It makes you wonder: If Apple's won the cool game, is Microsoft trying to corner the market on cringe?!
Sales of Activision Blizzard's latest game is breaking gaming records and giving Hollywood a run for its money, literally.
With a crucial holiday approaching for video game makers, Reggie Fils-Aime, President and COO of Nintendo America, said he expects the close release dates of big-name titles "Call of Duty" and "Super Mario Bros. Wii," out Sunday, to revive the industry from its sales lag.
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Matt Hunter is the senior technology editor at CNBC.com.
Ari Levy is CNBC.com's senior technology reporter in San Francisco.
Harriet Taylor is a CNBC.com technology reporter based in San Francisco. She covers Apple, Uber and the sharing economy, cyber security and emerging Silicon Valley trends.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.