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Posted Wednesday June 25, 2008, 7:55 am, Over one day old
From Silicon Alley Insider, June 24, 2008:Why is Nokia (NOK) spending $410 million to buy the rest of Symbian,
the smartphone operating system it co-owned with Sony Ericsson and
others? Because its continued dominance of the smartphone market -- 60%
of
Read Why Nokia's Buying Symbian: Apple, RIM, Google, Others (Links)
Posted Wednesday June 25, 2008, 7:55 am, Over one day old
New home sales fell for the sixth time in seven months in May while inventory levels rose further, the Commerce Department reported Wednesday. The report follows Tuesday's Case/Shiller Index, which showed a record 15.3% year-over-year drop in home prices.
Read House of Horrors: Grim Stats Don't Stop Search for Bottom in Housing (Links)
Posted Wednesday June 25, 2008, 7:55 am, Over one day old
Yahoo shares were little changed today after rival bloggers refuted TechCrunch's report of renewed buyout talks with Microsoft -- a report which gave Yahoo shares a huge spike Tuesday afternoon."TechCrunch is 1,000% wrong,"
Read MSFT-YHOO: The Freddy Krueger of Deals (Links)
Posted Wednesday June 25, 2008, 7:55 am, Over one day old
From Silicon Alley Insider, June 25, 2008:BlackBerry maker Research In Motion (RIMM) reports May quarter
(1Q09) results today after the bell. Investors have recently taken a
liking to RIM: Shares are up 8% since June 12, and up 25% since the end
of Mar
Read Despite iPhone Threat, RIM Earnings Expected to Be Rosy (Links)
Posted Wednesday June 25, 2008, 7:55 am, Over one day old
Wall Street meets Web 2.0 in a place called social investing, where "average" investors share their stock picks and pans. The concept is not new, but several new sites are vying for investors' attention as social networking moves beyond the real
Read Social Investing: Searching for the 'American Idol' of Money (Links)
Posted Tuesday June 24, 2008, 6:14 am, Over one day old
From Silicon Alley Insider, June 24, 2008:Yahoo (YHOO) and Microsoft (MSFT) are talking again, say TechCrunch, CNET, and an SAI source.
TechCrunch's sources say
the two are talking about a full buyout. One of our sources was highly
skeptical of this. A
Read Microsoft and Yahoo in Talks, Two Sources Say 'Buyout Not on Table' (Links)
Posted Tuesday June 24, 2008, 6:14 am, Over one day old
CRM software. Remote call centers. Voice-recognition software. Online chat. Some $18 billion has been spent in recent years on technology to deal with angry customers. Guess what? Most customers have only gotten angrier. That's because companies have most
Read Why $18B in Customer Service Software Has Only Made Customers Angrier (Links)
Posted Tuesday June 24, 2008, 6:14 am, Over one day old
eBay's fall from grace was on stark display at its Live conference in Chicago, which featured a lot of empty seats and irate sellers.
Read eBay Falls from Grace, comScore Falls Prey to Google Threat (Links)
Posted Tuesday June 24, 2008, 6:14 am, Over one day old
Seeking to stem a steep decline in sales, GM is reviving the "zero-percent" financing strategy that helped boost sales earlier this decade. With Ford also in desperate straits and even Toyota scaling back its U.S. ...
Read For Sale: Homes, Cars -- No Money Down! (Again) (Links)
Posted Tuesday June 24, 2008, 6:14 am, Over one day old
A report in today's Wall Street Journal showing money managers are more skeptical about stocks today vs. three months ago is arguably a good sign, from a contrarian viewpoint. Historically speaking, bear markets don't end until positive sentiment evaporte
Read Fed in a Bind: Bears on the Rise as Stagflation Spooks Stocks (Links)
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