Microsoft, Barnes & Noble Ink New Nook Tie-up
April 30 2012 9:06 AM EDT
Microsoft (Nasdaq: MSFT), the world's biggest software company, and Barnes & Noble (NYSE: BKS), said they?ve agreed to collaborate on new tablet technology to battle Apple (Nasdaq: AAPL), the world's most valuable technology company and Amazon.com (Nasdaq: AMZN).
Technology Focus: ?Big Data? Goes Consumer, Too
April 29 2012 9:44 AM EDT
It?s not just enterprises and government agencies that are already starting to benefit from the new era of so-called ?Big Data.? Consumers are already beneficiaries, even if they don?t know it.
Foxconn, Apple Contractor, Shares Plunge On Protests, Lower Earnings Call
April 27 2012 11:49 AM EDT
Shares of Hon Hai Precision Industries (TPE: 2317), more widely known as Foxconn and as the main contractor for Apple (Nasdaq: AAPL), the world's most valuable technology company, plunged Friday.
Amazon Euphoria Sends US Stocks Up
April 27 2012 9:09 AM EDT
Stock euphoria over Amazon.com's (Nasdaq: AMZN) first-quarter earnings surprise sent shares of the No. 1 e-retailer soaring, triggering a big rise in the Nasdaq and other averages that eased slightly by midday.
Amazon?s 1Q Net Dips 35%, Less Than Expected, As Kindle Fire Sales Fuel Huge Sales Gains
April 26 2012 4:53 PM EDT
Amazon.com (Nasdaq: AMZN), the No. 1 e-retailer, reported first-quarter results that easily beat analysts? estimates because of soaring sales of its Kindle Fire tablet.
iPad Wars: Amazon?s 1Q Report To Show Kindles Gained Market Share
April 26 2012 2:27 PM EDT
Shares of Amazon.com (Nasdaq: AMZN), the No. e-retailer, rose slightly Thursday ahead of the company?s report of first-quarter results that might beat analyst estimates.
Sprint Shares Sprint 7% As Losses Narrow
April 25 2012 1:09 PM EDT
Shares of Sprint Nextel (NYSE: S), the No. 3 U.S. telecommunications company, jumped as much as 7 percent after the company reported a lower-than-expected first-quarter loss.
Howard Johnson To Offer Free Hotel Room To Anyone Named ?Don Draper? After ?Mad Men? HoJo Episode
April 25 2012 10:12 AM EDT
If your name is legally Don Draper, not only do you have the same name as possibly the most suave ad man in fiction's history, but you could also score yourself a free hotel room at Howard Johnson. The HoJo hotel chain is using the latest episode of Mad Men, where Mr. and Mrs. Draper had a horrific experience during their stay, as a marketing ploy - and an apology - to everyone named Don Draper by giving a free one-night stay in order to boost the brand and revenue.
Apple Shares Skyrocket 10%, Pushing Up Overall US Markets
April 25 2012 9:02 AM EDT
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, skyrocketed 10 percent before the markets opened Wednesday on forecasts of further recordbreaking earnings. That sent overall U.S. markets up.
Apple Reports Record Sales, Profits As iPad, iPhone Sales Mushroom
April 24 2012 4:44 PM EDT
Apple Inc. (Nasdaq: AAPL), the world's most valuable technology company, reported second-quarter financial results that blew past analyst expectations.
Facebook IPO: 5 New Danger Signs For Investors
April 24 2012 3:13 PM EDT
Assuming the $77 billion initial public offering by Facebook is approved, investors will likely clamor for shares just as in earlier web frenzies for Netscape Communications, Yahoo (Nasdaq: YHOO) and Google (Nasdaq: GOOG).. But dangers loom.
LANDesk Buys Managed Planet For ‘Big Data’ Play
April 24 2012 12:20 PM EDT
LANDesk Software, the venerable desktop management systems developer, said it had acquired private Managed Planet to bolster its play into ‘’Big Data” and analytics.
Google Drive Sets Out For A Terrific Tuesday Launch;
April 24 2012 10:34 AM EDT
The all new Google Drive is out now. Watch the video. The recent newsbreak comes by the French translation of new cloud storage announcement to its French blog (which is now deleted) has confirmed details on the new Google Drive.
IBM Hikes Dividend 13%, OK’s $7B Buyback
April 24 2012 9:59 AM EDT
International Business Machines Corp. (NYSE: IBM), the No. 2 computer company, announced a 13 percent boost in its dividend as well as a $7 billion share buyback.
Texas Instruments 1Q Results Dip 60% But Sales Higher Than Expected
April 23 2012 4:53 PM EDT
Texas Instruments (Nasdaq: TXN), the No. 1 maker of communications chips, reported first-quarter net income dipped a worse-than-expected 60 percent but said revenue was better than predicted.
Common Cause Charges ALEC Members Cheated Taxpayers Of Millions In Lobbying Deductions
April 23 2012 1:35 PM EDT
The conservative American Legislative Exchange Council (ALEC), which receives funds from 140 U.S. companies, is breaking federal tax laws, Common Cause charged.
Earnings Preview: Apple Expected To Sustain Profit Climb
April 23 2012 12:14 PM EDT
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, fell again Monday, a day before reporting second-quarter financial results that are expected to be sharply higher than a year ago.
Euro Zone Recession Deepens: Markit Eurozone PMI Report
April 23 2012 10:43 AM EDT
The euro zone's economic decline accelerated in April, plunging the economic region deeper into recession, as the Markit Eurozone PMI Composite Output Index tumbled to its lowest level in five months, according to a Markit Flash Eurozone PMI report Monday.
Technology Focus: Welcome To Era of ‘Big Data’
April 22 2012 10:05 AM EDT
The new investor bywords are “big data.” Initial public offerings last week for both Splunk (Nasdaq: SPLK) and Proofpoint (Nasdaq: PFPT) were smash hits because of it. Big companies like IBM (NYSE: IBM) may be the biggest beneficiaries.
McDonald Employee Marvin Washington Jr. Arrested For Spitting In Customer's Iced Tea
April 20 2012 5:10 AM EDT
A customer's worst nightmare came true when a South Carolina McDonald's employee allegedly spit into cups of iced tea that were returned by the customers since they were not sweet enough. The sickening event took place when a mother and a daughter visited McDonald's on Main Street over the weekend and picked up two iced teas from the drive-through, according to Associated Press.