CALIFORNIA

IBTimes Logo

Michael Jackson faces forced sale of Neverland

Michael Jackson's famed Neverland Valley Ranch in California will be foreclosed and sold on March 19 unless the pop star pays a balance of nearly $25 million, property records showed on Tuesday.

January foreclosures up 57 percent in year: report

IBTimes Logo
U.S. home foreclosures for January increased 57 percent from a year earlier, but the pace at least temporarily subsided in response to private and government efforts to help homeowners, RealtyTrac said.

Mandel packs briefcases for Deal world tour

IBTimes Logo
With the highly rated Million Dollar Mission episodes of Deal or No Deal having concluded Monday, NBC is brewing another stunt for its stalwart game show: an around-the-world tour.
More news
IBTimes Logo

RIM may counter Apple with Touchscreen Blackberry

Research In Motion, maker of the venerable Blackberry may introduce a touch-screen version of its popular handheld in an effort to battle the iPhone from Apple, which is encroaching into the smart phone market at a rapid pace.
IBTimes Logo

Disney Reports Lower 1Q Profit, Revenue Up

Walt Disney reported greater than expected sales and earnings for its latest quarter on Tuesday mainly to its ESPN cable network and its theme park business as it sought to reassure investors the weakening economy was not affecting the media conglomerate.
IBTimes Logo

A Super Tuesday showdown in 24 states

Voters in 24 states make their choices in an unpredictable U.S. presidential campaign on Tuesday, with Democrats Barack Obama and Hillary Clinton in a close fight and Republican John McCain aiming for a knockout blow against Mitt Romney.
IBTimes Logo

Text of Microsoft's Letter to Yahoo on Bid

Below is the text of the letter that Microsoft sent to Yahoo!'s Board of Directors as it made an unsolicited offer for portal and search engine Yahoo, Inc. worth $31 per share, or $44.6 billion:
IBTimes Logo

Google Profit Dips on Paid Clicks, Social Networking

Google, Inc shares fell 7 percent on Thursday after Internet search leader reported profit and sales that came in below Wall Street expectations due in part to lower paid ad clicks, and struggles to monetize social networking ad inventories.
IBTimes Logo

Government Extends Oversight on Microsoft

A federal judge ruled to extend the U.S. government's antitrust oversight of Microsoft for two more years, shy of the five-year extension sought by states accusing the company of continuing monopolistic behavior.
IBTimes Logo

Hollywood's MGM strengthen HD channel with Verizon FiOS TV

Metro Goldwyn Mayer Studios Inc. (MGM) on Wednesday revealed that it acquired a carriage for its MGM HD Channel on Verizon's FiOS TV service enabling it to transfer feature film hits from the MGM library to Verizon FiOS TV subscriber households in full high definition.
IBTimes Logo

Apple Expected to Deliver Solid 1Q

After the hype of Macworld has died down, Cupertino, Calif.-based Apple is expected to produce solid numbers Tuesday afternoon, with earnings expected to jump nearly 50 percent for its December quarter.
IBTimes Logo

Guitar Hero Sales Hit $1Bln

Guitar Hero video game hit a industry record on Monday, generating $1 billion in sales in North American retail within 26 months, a market research reported.
IBTimes Logo

Dell seen back to strong growth

Dell Inc returned to double-digit percentage growth in global PC shipments in the fourth quarter as its new retail sales strategy began to pay off, while rival Hewlett-Packard Co's growth slowed, technology researcher IDC said on Wednesday. Overall, global personal computer sales rose a healthy but less-than-expected 15.5 percent in the fourth quarter, and economic concerns were likely to cut into future demand, IDC said.
IBTimes Logo

Oracle Ends Chase, Catches BEA With $8.5 Bln

After three months of courtship, database software firm Oracle Corp. finally got a 'yes' from BEA Systems, accepting a takeover offer of $8.5 billion. Oracle will pay BEA shareholders $19.375 for each of their shares, up from an offer of $17 in October. BEA had initially rejected Oracle's initial offer, asking for $21 per share.
IBTimes Logo

Intel Earnings, Outlook Disappoint

Intel reported disappointing earnings for its fourth quarter and an outlook for the current quarter that were below Wall Street expectations, dimming the near future view for electronics.
IBTimes Logo

Countrywide Says Foreclosures Highest on Record

Countrywide Financial Corp, the largest U.S. mortgage lender, said on Wednesday that foreclosures and late payments rose in December to the highest on record, sending its shares tumbling for a second day to their lowest in nearly 13 years. Shares fell 11.9 percent in afternoon trading.
IBTimes Logo

Netgear Touts All-Access Home at CES

Network equipment firm Netgear announced a slew of new products ahead of the official opening to this years Consumer Electronics Show, including a set of technologies aimed at making data ready and accessible from all corners of the home.
IBTimes Logo

Sling Media Killer Combo: TV on Blackberry

Sling Media Inc., a subsidiary of EchoStar Holding, introduced on Friday a high-definition version of its popular set-top box and a new application for BlackBerry smart phones which the company will demonstrate at the Consumer Electronic Show in Las Vegas next week.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.