COMPANIES

Firefox, Google Agree to $900M Deal

Firefox Gets $900M from Google
Mozilla Firefox has earned about $900 million in a deal with Google. The agreement will ensure that Google remains the default search engine in the Mozilla Firefox web browser for three years.
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Akamai Technologies Stock Soars (NASDAQ: AKAM)

Akamai Technologies stock was up more than 17 percent on Thursday, or $4.58 per share share, to $31.25. The stock traded up as much as 18 percent during the day.
Oil Theft and Refining in Nigeria

Shell's Nigeria Spill Could Be Worst In Decade for the Country

Nigerian officials said they expect oil leaked from a Royal Dutch Shell offshore well to reach the country's shores Thursday. Shell officials suspect half of the estimated 40,000 barrels of oil leaked in the Atlantic this week have already naturally dissipated or evaporated.
Home page of the Chicago Sun-Times

Chicago Sun-Times Sold to Group of Investors

Michael Ferro Jr., the CEO of Merrick Ventures LLC, will lead the investment group. The deal is expected to close within the next several days.
At Issue: Arctic Oil

Could Shell and ConocoPhillips' Artic Foray Revive Alaska's Oil Industry?

Interest in arctic oil has climbed in recent years when industry, government and third party researchers independently made realizations that the amount of recoverable world-class oil deposits was greater than previously thought. That has yet to be properly tested with a drill bit.
Motorola Droid RAZR and LG Nitro HD

Will LG Nitro HD Outrun Motorola Droid RAZR?

The LG Nitro HD, which was made available on AT&T's network from Dec. 4, is expected to face immense pressure from Motorola's Droid RAZR, as Verizon is offering an additional $100 off on the Droid XYBOARD Tablet when customers buy the Motorola smartphone.
SDRAM

Micron Technology Upgraded at Wedbush

Wedbush Securities has upgraded shares of Micron Technology (NASDAQ: MU) to outperform from neutral, saying the worst is over for the company.
Nokia

Nokia's Lumia 800 Hits the Stands; No Takers

Nokia's long-awaited Windows phones may be too little, too late in the smartphone war dominated by Apple and Google, despite positive reviews by handset critics.
Company Logo Shown at Headquarters for Oracle Corp in Redwood City

Oracle Profit View Lowered After Q2 Miss

Several brokerages have lowered their profit estimates of Oracle Corp. (NASDAQ:ORCL) after the business software maker reported lower-than-expected quarterly results.
Online Trends

Online Sales Showing Sustained Momentum throughout Q4

Jefferies said its several checks suggest that online sales rose a solid 15 percent year-over-year in the Nov. 1 to Dec. 18 holiday season period, an acceleration from the pace of growth in the first nine months of the year.
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Microsoft to Fold Booth at CES After 2012

The largest consumer technology trade show in America has been a launch pad for some of the biggest new technologies and has gathered over 100,000 visitors every year. According to a report on Associated Press, the Consumers Electronics association which organizes CES, has received interest from other exhibitors for Microsoft's booth space.
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Cheap Cigarette Biz Busted

Smoke cigarettes, and you'll pay the price--especially if you're in New York City. Island Smokes, a business that allows patrons to roll their own cigarettes, has two locations in New York (one in Long Island, the other in the Lower East Side), but has agreed to shut down its business in order to avoid a lawsuit from the city. The stores will be closed by February 1.
Ice enclosed Ocean

New ConocoPhillips and Shell Arctic Oil Permits Raising Alarms

Environmentalists fear oil prospecting in the region will lead to oil discoveries, prompting greater interest in the Arctic oil found underneath sensitive and hard-to-reach areas like ice-locked seas, and further endangering regional ecosystems.
Jawbone's act of customer confidence, which gave UP bracelet owners an opportunity to receive full refunds and keep the product, has earned the company $40 million in funds from a new group of influential investors.

Jawbone, Maker of UP Bracelet, Nets $40M From Investors

Accessory maker Jawbone raked in $40 million in funds from a new group of investors, just two weeks after the company's CEO pulled the UP bracelet from shelves and offered full refunds for the product.
Honda to curtail N.A. output due to Thai floods

Japan Earthquake, Tsunami Cause Jump in Honda, Nissan Prices: Analysis

The Japanese earthquake and tsunami in March 2011 caused a drastic drop in vehicle production and a near-6 percent rise in vehicle pricing for a key Honda model. That's according to analysis from ALG, a leading automotive residual values and analytical data products source.
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2011 Year in Review: New York Startup Scene Blossoms

This year was a turning point in the history of Silicon Alley. Investments flooded into many young companies, and Mayor Bloomberg and Cornell University bet big on the future of New York technology.
Lacavera, Chairman of Globalive and WIND Mobile and Campbell, CEO of WIND Mobile, speak at a news conference in Toronto

Globalive targets rival, no deal yet: source

Canadian telecom upstart Globalive wants to buy rival Mobilicity but no deal is imminent or indeed likely until the government clarifies rules on foreign ownership and airwave allocation, according to a source with knowledge of the situation.

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