Jul 12, 2010 5:15 AM
A federal district court judge in California ruled Friday that a lawsuit against Apple Inc. (NASDAQ:AAPL) and AT&T (NYSE:T) may proceed as a class action. The suit combines individual lawsuits filed that contends that Apple and AT&T secretly teamed up on a five-year exclusive deal that forced buyers who signed up for a two-year contract [...]
Keep Reading »Jul 9, 2010 4:21 AM
Research in Motion Ltd. (NASDAQ: RIMM) has its old enemy, and perhaps new best friend, back in the market of suing smartphone makers after being dark for some time. The difference is that R-I-M is actually in fine standing as its issues are behind it. It seems that the NTP patent troll is now going [...]
Keep Reading »Jul 8, 2010 11:32 PM
Yahoo! (NASDAQ: YHOO) will outsource its real estate section to Zillow, a popular listings site. The transaction calls for Zillow.com to oversee a network that will place home listings and ads from local real estate brokers on Yahoo! and its own Zillow.com website. The deal may be good for Zillow which is a very small [...]
Keep Reading »Jul 8, 2010 11:09 PM
The cable and telecom companies have come up with a new way to get more money out of their subscribers. They will offer less expensive plans with many fewer “stations”. That means the cost to subscribers for full programming services with hundreds of channels could rise. The cable and telecom firms can pay content providers [...]
Keep Reading »Jul 8, 2010 9:39 AM
The research firm Hitwise reports that Microsoft Corporation’s (NASDAQ: MSFT) Bing search engine market share rose 7% in June, from 9.23% to 9.85%. The number is probably within a the margin of error of the study. That is certainly the case for the tiny changes in the percentages of the market that Yahoo! (NASDAQ: YHOO) [...]
Keep Reading »Jul 8, 2010 8:02 AM
Apple Inc’s (NASDAQ: AAPL) stock is down from its 52-week high of $279 to $256. One of the most significant reasons that although the iPhone, especially the latest version, is selling remarkably well. Those rapid sales could be undercut, and may be in the process of being eroded already, by the popularity of Google Inc [...]
Keep Reading »Jul 8, 2010 4:33 AM
Netflix, Inc. (NASDAQ: NFLX) has become a true battleground stock where bulls and bears fight it out to the death. With shares trading around $120.00, the Big-V is a concern: valuations. After all, with Thomson Reuters estimates of $2.65 EPS in 2010 and $3.54 EPS in 2011, it does have forward P/E ratios of roughly [...]
Keep Reading »Jul 7, 2010 11:26 PM
More Americans are using wireless devices, primarily smartphones and laptops, to access websites. The number jumped to 59% in May, up from 51% a year ago, according to the Pew Internet Study. What those Americans did online may not have any commercial impact, but the phone users are likely to be having a good time. [...]
Keep Reading »Jul 7, 2010 11:26 PM
More Americans are using wireless devices, primarily smart phones and laptops, to access websites. The number jumped to 59% in May, up from 51% in the same month last year, according to the Pew Internet Study. What those Americans did online may not have any commercial impact, but the phone users are likely to be [...]
Keep Reading »Jul 7, 2010 5:07 AM
SIRIUS XM Radio Inc. (NASDAQ: SIRI) is flirting with the $1.00 handle again. This morning’s run in the stock is after the company released subscriber additions coming in above expectations. The company has added more than 1.1 million subscribers from a year ago and now has 19,527,448 subscribers, a record high. Many can argue that [...]
Keep Reading »Jul 6, 2010 5:58 AM
Heavy losses were sustained in three Tickerspy indexes over the last 30-day period. This month’s biggest index losers are in radio, Chinese advertising, and cancer treatment stocks. Radio stocks are down 15.2% in the past month. The worst performing stocks in the sector are Cumulus Media Inc., (NASDAQ: CMLS) down 28.9%, Entercom Communications Corp., (NYSE: ETM) [...]
Keep Reading »Jul 6, 2010 5:04 AM
Apple Inc. (NASDAQ: AAPL) has hit after hit when it comes to its products. While this will still sound very bullish to the Apple addicts, there is at least one pause for concern out there on just how many of the new iPhones can actually be sold during the third quarter. More importantly, everything is [...]
Keep Reading »Jul 4, 2010 1:54 AM
The US Coast Guard and BP plc hope that a massive Taiwanese tanker fitted with special oil collection equipment can skim massive amounts of crude from the surface of the Gulf. The ship has been nicknamed “The Whale” because of its size and its method of collecting oil by bring water though outer doors on [...]
Keep Reading »Jul 2, 2010 12:04 AM
Apple Inc (NASDAQ: AAPL) is about to become the No. 2 provider of VOD services in the US based on the success of video content sales and rentals from the iTunes store. Research firm Screen Digest says that Apple should move ahead of Time Warner Cable (NYSE: TMC), and will be second only to Comcast [...]
Keep Reading »Jul 1, 2010 11:05 PM
Steve Jobs, the CEO of Apple Inc. (NASDAQ: AAPL), sits on the board of The Walt Disney Company (NYSE: DIS) That means the entertainment company is aware of the power of Apple’s applications software distribution system on the iPhone, iPad and iPod. Disney announced yesterday that it will buy iPhone game supplier firm Tapulus which [...]
Keep Reading »Jul 1, 2010 10:02 PM
Reuters: Maria Cantwell will support the Senate financial reform bill, given Democrats a boost. Reuters: Automakers had a setback in June, an indication that the industry is facing slow growth. Reuters: The House passed a bill to extend jobless benefits, but the Senate may reject it. Reuters: Walt Disney (NYSE: DIS) bought Apple In. (NASDAQ: [...]
Keep Reading »Jul 1, 2010 10:30 AM
Google Inc. (NASDAQ: GOOG) will try to dominate the online e-commerce travel market the way it has come to dominate cellphone operating systems with its Android product. In other words, it is impossible to tell whether its buy-out for ITA Software will ever bear fruit financially. The price is $700 million. ITA is an important [...]
Keep Reading »Jun 30, 2010 10:04 PM
Reuters: The House passed the financial reform bill leaving the Senate to act Reuters: Hurricane Alex has set back the work on the BP plc (NYSE: B) oil spill. Reuters: China’s economic growth slowed. Reuters: Oil prices fell for the fourth day. Reuters: The euro hit record lows against the Swiss franc.Reuters: Microsoft Corporation [...]
Keep Reading »Jun 30, 2010 12:53 PM
CNET reports that Microsoft Corporation (NASDAQ: MSFT) will end production of its Kin social media smartphone. It has only been on the market for two months. Microsoft told CNET that “We have made the decision to focus exclusively on Windows Phone 7 and we will not ship KIN in Europe this fall as planned,” the [...]
Keep Reading »Jun 29, 2010 9:16 AM
The rumor mill has been active on this for months and months, but fresh media reports are stirring the Apple Inc. (NASDAQ: AAPL) iPhone rumor mill all over again. Bloomberg reported that Verizon Communications Inc. (NYSE: VZ) will finally get to break the AT&T Inc. (NYSE: T) exclusivity Next Year “in January.” You’ve heard this [...]
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