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China begins to use its currency for cross-border transactions — a challenge to the dollar. (Reuters) Google Inc. (NASDAQ: GOOG) is denied summary judgement in a patent fight with Vringo....
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Today was just not a good day for the turnaround at Hewlett-Packard. Meg Whitman's new line is that the turnaround will not be fully realized for two years, and the company did not even commit to...
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The three major U.S. stock indexes opened slightly higher this morning following a refusal by Spain’s prime minister to seek an immediate bailout and low readings on eurozone PMI (more coverage...
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Google Inc. (NASDAQ: GOOG) today was denied a motion for summary judgement in a patent case file by Vringo Inc. (NYSEMKT: VRNG). The denial means that the judge found that there are issues of fact in...
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Bank of America Merrill Lynch is out with a preview of its third-quarter Internet expectations this morning, and it is raising some price targets on key companies. Bank of America said that large...
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The founder of Best Buy Co. Inc. (NYSE: BBY) is well along with an $11 billion buyout plan. (Reuters) As some companies leave Spain, the nation’s tax base falls. (Reuters) China’s services...
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The rise of Google Inc. (NASDAQ: GOOG) has been monumental of late. Analysts have been forcing their price targets higher after Google keeps a huge lead in internet search and as Android keeps...
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According to August data published today by comScore Inc. (NASDAQ: SCOR), the mobile handset market share leader continues to be Samsung Electronics, followed by LG Electronics, Apple Inc. (NASDAQ:...
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The Wall Street Journal reports that some former Nokia Corp. (NYSE: NOK) employees have raised 200 million euros ($257.8 million) from several telecommunications companies to launch a new mobile...
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A court will allow Samsung to sell its Galaxy Tab 10.1 in the U.S. despite efforts by Apple Inc. (NASDAQ: AAPL) to block it. (Reuters) Germany wants Spain to delay a request for a bailout because the...
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Research In Motion Ltd. (NASDAQ: RIMM) has been nothing short of a disaster. Almost all of the media reports and almost all of the analyst reports are still negative. There is just one problem...
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Claiming the number 2 ranking in video content as measured by video streams per month, AOL.com Inc. (NYSE: AOL) this morning announced that the company has entered a deal with YouTube, which is owned...
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At today’s users’ conference in San Francisco, Oracle Corp. (NASDAQ: ORCL) and Nokia Corp. (NYSE: NOK) will announce a deal under which Oracle will use Nokia mapping, navigation and location...
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European Unemployment in August The unemployment level in the euro area (EA17) rose to 11.4% in August, which matched July’s number. The jobless figure for the broader EU27 was 10.5%. Both figures...
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A muting of Apple Inc. (NASDAQ: AAPL) iPhone 5 sales because of trouble with the company’s map software is not built into the stock price. The map technology is so bad that CEO Tim Cook has even...
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