Why GM Actually Is Getting Its Money's Worth From The Chevy Volt
September 10 2012 12:18 PM EDT
General Motors Company (NYSE: GM) may be losing money on the Chevy Volt at present, but the long-term benefits of early R&D in electric vehicles, improvements to brand image and improving sales volumes should ultimately make it a wise decision for the company.
Apple iPhone 5 Release Coming: T-Mobile Website Reportedly Lists Four Different Size Capacities, Specs In Inventory [PICTURES]
September 10 2012 12:04 PM EDT
Apple is expected to unveil its next-generation smartphone this Wednesday in San Francisco, but once the new iPhone eventually goes on sale -- sources peg Friday, Sept. 21 as the likely release date - who will be selling the phone? And what different size capacities can customers buy? On Monday, T-Mobile UK added placeholders into its internal and external systems for four new iPhone sizes. According to the website, the iPhone listed only as "iPhone X" will come in black in white colors an...
Facebook Shares Fall Again As Co-Founder Moskovitz Sells More
September 10 2012 11:08 AM EDT
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell more than 2 percent in early Monday trading after co-founder Dustin Moskovitz disclosed he’s dumped more shares, a week after the Menlo Park, Calif., company tried to erect a firewall by announcing buybacks and other measures. The latest sales came after Moskovitz dumped about a million shares in August.
Toys 'R' Us Takes On Amazon With 'Tabeo' - Tablet For Kids
September 10 2012 11:00 AM EDT
Toys ''R'' Us is introducing a tablet for children, and the new product will not be available online. The Tabeo, as the new tablet is called, can be pre-ordered over the Internet but it is only available in Toys "R" Us stores.
Apple iPhone 5 Event Rumors: Will Thunderbolt Have Its Coming Out Party On iOS?
September 10 2012 10:47 AM EDT
Apple won't discuss products before they're ready for release, but most major news outlets have reported on Apple's plans to slim down the traditional dock connector across its entire family of iOS devices, which includes iPhones, iPads and iPods, from 30 pins to 9 pins. If by some chance this new iOS dock connector is indeed Thunderbolt-friendly, Apple will have finally, successfully made its Thunderbolt investment worthwhile. Apple iPhone 5 Event Rumors: Will Thunderbolt Have Its Comi...
Coca Cola Drops Product To Add Flavor To Water
September 10 2012 10:13 AM EDT
Coca Cola Drops will be coming out in October to complement Coke's Dasani brand of bottled water.
Kodak Said It Fired 2,700 In Bankruptcy; 1,000 More Cuts Ahead
September 10 2012 9:57 AM EDT
Bankrupt Eastman Kodak Co. (Pink: EKDKQ), the one-time imaging icon, said it had axed 2,700 employees since filing for bankruptcy in January. About 1,000 more will be gone by the end of the year, it said in a filing with the U.S. Securities and Exchange Commission.
Global IT Spending To Rise 6% In 2012 To $3.6T: IDC
September 10 2012 9:05 AM EDT
Venerable forecaster IDC predicted global spending on information technology this year will rise six percent to about $3.6 trillion, despite sluggishness in sector like PCs. The market also includes telecommunications services.
US Selling Shares Of AIG, Becoming Minority Stake Holder
September 10 2012 8:55 AM EDT
The U.S. government will switch from being the majority shareholder of insurance giant American International Group to being a minority shareholder when it sells $18 billion of the company's stock in a public offering.
HP Unveils Four New All-In-One Windows 8 Desktops
September 10 2012 7:19 AM EDT
Hewlett-Packard launched four all-in-one PCs Monday running on Windows 8. The new desktop line-up includes HP Envy 23, HP Envy 20, HP SpectreOne and HP Pavilion 20.
Apple iPhone 5 Features: Will iPhone 5 Sport Fingerprint Security? Does Apple's Acquisition Of AuthenTec Signal A Biometrically Evolved Device?
September 10 2012 4:55 AM EDT
With just two days to go for Apple's (AAPL) Sept. 12 event, rumor mills are working overtime as speculations of Apple's much-awaited next generation iPhone sporting fingerprint security feature make the rounds.
Infosys To Acquire Swiss Firm Lodestone For $350 Million
September 10 2012 2:11 AM EDT
Infosys Technologies Monday said that it would buy Swiss technology consulting firm Lodestone Holding AG for 330 million Swiss francs ($350 million) which is expected to help India's second biggest software exporter to improve services to its clients.
US Will Cut Its AIG Stake To 23% From 53%, By One Estimate
September 09 2012 10:30 PM EDT
Because of the U.S. Treasury Department's announcement Sunday that it has launched an offering of $18 billion worth of its American International Group Inc. (NYSE: AIG) common stock, the government will soon go from being the company's majority shareholder to being one of its minority shareholders.
Apple iPad Mini Rumors Recap: 8 Features, Specs We're Expecting At Release [PICTURES]
September 09 2012 4:05 PM EDT
The focus of this week's Apple media event will undoubtedly be the next-generation iPhone, but consumers might be talking tablets rather than phones after this Wednesday's product unveiling. Most news outlets and sources close to the company say Apple will also introduce a new "iPad Mini" to its tablet lineup. We don't know the exact features or specs that Apple has packed into the iPad Mini, but we nevertheless have a pretty good idea of what CEO Tim Cook might unveil on stage th...
The Surprising Success of Pat Kiernan And NY1, Time Warner Cable's Unlikely News Leader
September 09 2012 11:58 AM EDT
NY1 turns 20 this week and the unexpectedly successful New York news channel's star anchor Pat Kiernan is restless, ready to move on to bigger venues. Still, he says, he knows how lucky he's been: "I have landed in absolutely the best spot as far as the changing economics and patterns of the news business."
Technology Focus: Amazon’s Bezos Disrupts Again, Devises Apple Challenge
September 09 2012 10:17 AM EDT
Chances are there few personalities as creative, disruptive and rich in the technology sector as Jeff Bezos, the founding CEO of Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer. He's put Borders Books out of business and could even put Apple Inc. (Nasdaq: AAPL) in its place.
Kindle Fire HD Ad Opt-Outs To Cost $15; Amazon Reverses Policy On Forced Ads
September 09 2012 8:01 AM EDT
Amazon's Kindle Fire launched Sept.6, appears to be making news for more wrong reasons than right. After news of the device lacking FCC approval for sale hit anxious customers Friday, the company seems to offer interested parties some respite as it appears to have reversed policy on the forced ads.
Apple iPhone 5 Rumors Update: Chinese Company Uses Leaked Photos Of iPhone 5 To Patent Design, Releases Knockoff GooPhone I5 (VIDEO)
September 09 2012 6:29 AM EDT
Even before Apple (AAPL) could unveil its next-generation iPhone, the Chinese seem to be in a tearing hurry as a company by name GooPhone has released a new phone GooPhone I5 that bears strong resemblances to leaked images of the next-generation iPhone, often referred to as iPhone 5.
Apple iPhone 5 Rumors Recap: 15 Features, Specs We're Expecting At Release [PICTURES]
September 08 2012 11:27 AM EDT
We don't know the exact features Apple has packed within the iPhone 5, but we have a pretty good idea of what CEO Tim Cook might unveil onstage this Wednesday. Over the past year, we've been watching reports, rumors and the U.S. patent department, keeping a keen eye out for possible software features Apple could introduce in its next iPhone. Read about the 14 features and tech specs we're expecting to see in the new iPhone at its release this week.
Top Post-Market Nasdaq Movers (Cynosure, Maxygen, KiOR, Cray, TGC, Emmis, Steel Dynamics, Merge Healthcare)
September 08 2012 1:40 AM EDT
The top after-market Nasdaq gainers Friday were Cynosure Inc, Maxygen Inc, KiOR Inc and Cray Inc. The top after-market Nasdaq losers were TGC Industries Inc, Emmis Communications Corporation, Steel Dynamics Inc and Merge Healthcare Inc.