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Yahoo! Inc.’s (NASDAQ: YHOO) former interim CEO, Ross Levinsohn, quits. (Reuters) Manchester United sets IPO terms. (Reuters) The jury is selected in the Apple Inc. (NASDAQ: AAPL) vs. Samsung...
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The latest research from Strategy Analytics indicates that smartphone shipments in the United States fell 5% annually to reach less than 24 million units during the second quarter of 2012. Google...
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General Motors (NYSE: GM) fires its marketing head because of a deal he set for soccer sponsorships. (Reuters) HSBC (NYSE: HBC) is under U.S. investigation over Libor manipulation. (Reuters) The...
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Apple Inc. (NASDAQ: AAPL) has agreed to buy AuthenTec Inc. (NASDAQ: AUTH) in a deal valued at about $356 million. That comes to $8.00 per share, compared to $5.07 at Thursday’s close. AuthenTec...
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Recently, two trends have marked the global smartphone industry. Sales increases have slowed, and Samsung Electronics Co. has moved into an incredibly dominant place. The South Korean company has...
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Facebook Inc.’s (NASDAQ: FB) stock is hammered by earnings letdown. (Reuters) Samsung Electronic Co.’s earnings reach $5.9 billion mostly on smartphone sales. (Reuters) Barclays PLC’s (NYSE:...
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While investors breathlessly await the company’s first earnings report since its IPO, Facebook Inc. (NASDAQ: FB) is believed to be prepping a run at the smartphone market. A report from Bloomberg...
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The USDA reports that drought has made a large increase in food prices likely. (Reuters) The government of Changsha in China launches a $130 billion stimulus program. (Reuters) Hackers have...
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Apple (NASDAQ: AAPL) blames poor earnings on slow sales in anticipation of the iPhone 5 and a sluggish economy. (Reuters) The Federal Reserve searches for new ways to help the sagging economy....
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A two-year investigation into a European Union antitrust complaint against search giant Google Inc. (NASDAQ: GOOG) will apparently end with a settlement, not a protracted legal proceeding. That’s...
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For the first time ever, US consumer electronics purchases are expected to top $200 billion in 2012 according to the latest forecast from the US Consumer Electronics Association (CEA). The group is...
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Apple Inc. (NASDAQ: AAPL) is set to report earnings after the close on Tuesday. With a great sell-through in iPads but a weaker iPhone demand ahead of the upcoming iPhone 5, everyone is looking for...
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Baidu (NASDAQ: BIDU) is up more than 10% in morning trading following yesterday’s better-than-expected second-quarter results. China’s Internet search leader reported its quarterly earnings...
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The European Commission this morning gave its approval to the $5 billion acquisition of NDS Group Ltd. by Cisco Systems Inc. (NASDAQ: CSCO). The deal was announced in March. NDS, formerly owned by...
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Research firm Comscore (NASDAQ: SCOR) released its top 50 websites, based on unique visitors, for the month of June. The data offered few surprises, except for the rise of Twitter, which now has as...
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