- YahClick: New Internet Services in Africa Brings More Possibilities, Broader Access
August 20 2012 2:37 AM
The Internet opens and connects you to new worlds of possibilities and opportunities anywhere, anytime. In South Africa, the Internet is a make or break in many situations these days with limited access and expensive rates that abounds just to receive the best Internet connection.
- Political Ad Spending for Presidential Election To Reach $2.9B
August 15 2012 1:51 PM
Spending on advertising by Republican and Democratic presidential campaigns and Pro-Romney or Pro-Obama Super PACs is expected to reach $2.9 billion, even as national TV ad spending shrinks in the face of the looming "fiscal cliff."
- Apple Shares Near All-Time High On New Product Hopes
August 14 2012 6:18 AM
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, have recovered lost ground and are trading not much below their record high of $644 set on April 10. Despite a setback when third-quarter earnings fell shy of estimates last month, they could set another record again this week.
- Google Acquires Frommer Guides Travel Sites From Wiley
August 13 2012 12:23 PM
Google (Nasdaq: GOOG), the No. 1 search engine, said it had acquired the famous Arthur Frommer travel guides and other travel assets from publisher John Wiley & Sons (NYSE: JW/A) of New York.
- Facebook Settles Privacy Complaints With FTC Without Fines
August 10 2012 11:35 AM
Facebook (Nasdaq: FB), the No. 1 social networking site, has finally settled charges with the U.S. Federal Trade Commission that it deceived members about their privacy rights. Although it won’t pay a fine, it agreed to be monitored by the FTC for 20 years. If violations are found, it could be subjected to civil penalties up to $16,000 per offense.
- Starbucks Puts Its Bucks In Square To Bolster Mobile Payments
August 08 2012 9:28 AM
Starbucks (Nasdaq: SBUX), the No. 1 chain of coffee shops, said it had invested $25 million in Square, the start-up specialist in mobile payments, which values the company at $3.25 billion.
- LinkedIn Soars As Facebook Shares Near 50% Loss: Social Media Diverge
August 06 2012 12:42 PM
Shares of Facebook (Nasdaq: FB) rose more than 3 percent Monday, trading at midday at $21.81, up 72 cents. But they’re still nearly 50 percent below the $38 set at their May 17 initial public offering.
- Money's Winners And Losers: Boeing, Gabby Douglas, LinkedIn, Facebook, Ford, GM, and Knight Capital
August 03 2012 7:47 PM
Each week, we pick the biggest, most dramatic, or most captivating winners and losers in the world of money and business. Here are the winners and losers for July 29-Aug. 4.
- Technology Focus: Hedging Bets In High Tech For Yahoo, AOL, HP
July 22 2012 10:10 AM
Internet users and investors were heartened last week when Yahoo (Nasdaq: YHOO), elected Marissa Mayer, 37, as its third CEO in less than a year. A hedge fund gets part of the credit but not all hedge funds score as well in the tech sector: how about Eastman Kodak (Pink: EKDKQ)?
- Facebook IPO Jinx Falls: Palo Alto, Kayak Soar
July 20 2012 12:00 PM
Two months after the trading fiasco in the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, tech IPOs are soaring again. Palo Alto Networks (Nasdaq: PANW) and Kayak Software (Nasdaq: KYAK) shares soared in their IPOs.
- Xerox Surprise: CEO Trims Earnings Forecast
July 20 2012 9:14 AM
The global slowdown may trim net income for Xerox Corp. (NYSE: XRX), the No. 1 provider of business printers and services. CEO Ursula Burns shaved her full-year forecast to a range between $1.07 and $1.12 a share from the previous $1.18.
- Earnings Preview: Xerox 2Q Results To Decline
July 20 2012 6:20 AM
Chances are second-quarter results from Xerox Corp., the No. 1 copier maker that’s moved increasingly into services, will be a disappointment, keeping in line with the general technology sector.
- New Yahoo Boss Could End Up With $100M Pay Package
July 19 2012 10:40 PM
New Yahoo (Nasdaq: YHOO) CEO Marissa Mayer could end up with compensation around $100 million if she meets certain goals the company disclosed.
- Yahoo’s Mayer: Making First Moves At Turnaround
July 19 2012 2:49 PM
Now three days into running Yahoo (Nasdaq: YHOO), the No. 3 search engine, CEO Marissa Mayer has already telegraphed that change is coming. She appointed the first editors for Yahoo News and Yahoo Finance, two of the company’s most popular portals.
- German Nurburgring Racetrack Bankrupt, Owes €13M
July 18 2012 5:46 PM
The legendary German Nurburgring racetrack is bankrupt after pouring millions into an amusement park.
- IBM Boosts Full-Year Earnings Estimate To $14.40
July 18 2012 4:28 PM
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, boosted its full-year net earnings estimates to “at least” $14.40 a share from the previous estimate of $14.27.
- Earnings Preview: IBM’s 2Q Results May Prove Sound Execution Pays
July 18 2012 6:15 AM
Banking on software, services and cost controls, International Business Machines Corp. (NYSE: IBM), the No. 2 computer company, is expected to report improved second-quarter earnings despite a decline in revenue.
- Memo To Mayer: 3 Points For A Better Yahoo
July 17 2012 9:49 AM
Now that you are starting as the third CEO of Yahoo (Nasdaq: YHOO) in a year, have a seat on the board of directors and are about to run your first company, here are a few things to keep in mind.
- Microsoft May Divest Remaining MSNBC.com Stake
July 12 2012 5:10 PM
Microsoft (Nasdaq: MSFT), the world's biggest software company, is in seeking to divest its remaining investment in MSNBC.com, the No. 4 U.S. news website.
- United Orders Boeing Jets For $14.7B To Save On Fuel
July 12 2012 12:50 PM
United Continental Holdings Inc. (UAL) is joining hands with Boeing Co. (BA) to save on its fuel costs by replacing outdated and obsolete planes.