Cisco Sets Investments Topping $1 Billion for Brazil, India To Boost BRICS Footprint
Cisco Systems (Nasdaq: CSCO), the top provider of Internet gear, announced plans to invest more than $1 billion in new initiatives in Brazil and India.
Yahoo To Fire 2,000 As New CEO Moves Vs. Activist
Yahoo Inc., the No. 2 search engine, said it will fire 2,000 employees starting Wednesday and incur a charge as high as $145 million in the second quarter.
L.I. Eye: Long Island Village Board Foils Chicken Coup
The end was inevitable' last year Iranian immigrants Alfred and Stella Bassal erected an illegal chicken coop in Great Neck, N.Y. Tuesday night, the Village Board ruled.
Patent Wars: Facebook Strikes Back At Yahoo
Facebook, the No. 1 social network site, sued Yahoo (Nasdaq: YHOO) for alleged patent infringement only two weeks after being sued for the same charges.
More Analysts Boost Apple Target Price As ‘Fever’ Surge Continues
Shares of Apple (Nasdaq: AAPL) set another record high Tuesday after three more analysts boosted their targets, although none as high as the $1,001 set Monday by Brian White of Topeka Capital Markets.
Limbaugh Lost About 100 Advertisers After First Month’s Boycott But Vows To Carry On
More than 100 advertisers, including all his technology advertisers except for LifeLock, withdrew their commercials from “The Rush Limbaugh Show” in the past five weeks.
Chip Stocks Ease After Industry Group Confirms Recovery Gaining
Chip stocks eased Tuesday after the Semiconductor Industry Association published data showing sales increased for the three months ended in February.
AOL, RIM Patent Auction Proves Sector Stays Hot, Expert Says
Despite the collapse of Eastman Kodak (Pink: EKDKQ) because it couldn’t sell its valuable patents last year, the market for intellectual property remains red hot and growing, a leading IP banker said.
IBM’s ‘Cosmic Contract’ To Yield Dividends In ‘Big Data’ Computer Design
IBM (NYSE: IBM) and the Netherlands Institute for Radio Astronomy announced a five-year deal for computer support for the world’s most sensitive telescope.
Apple at $1,001? Analyst Sees Within 18 Months
Could Apple (Nasdaq: AAPL) shares trade at $1,001? Analyst Brian White of Topeka Capital Markets see that within 18 months when Apple closes its fiscal 2013.
Groupon Shares Plunge After Earnings Restatement
After markets closed Friday, the Chicago-based daily-deals provider disclosed in a regulatory filing that it would adjust fourth-quarter and full-year 2011 earnings downward.
RIM Shares Jump 7% On Takeover, Recovery Plays
Friday's surge may have been a reaction to RIM's new CEO, Thorsten Heins, who said he's conducting a strategic review of the company, indicating a sale of some or all of its assets is possible.
Oracle Gets Cash From Micron To End Price-Fix Suit
Oracle (Nasdaq: ORCL), the world’s biggest database software company, settled a price-fixing lawsuit against Micron Technology (NYSE: MU) for $58 million.
RIM’s Biggest Shareholder Critic: Company Gone 'In A Year’
Victor Alboini, whose Toronto-based fund firm began buying RIM shares last August and pulled in other investors such as Leon Cooperman's Omega Advisers, is doubtful the BlackBerry maker can survive much longer.
Memo To Thorsten: Here's How You Can Rebuild RIM
Now that new RIM CEO Thorstein Heins has shown he's taking aggressive action, here are some more ways to turn RIM around.
RIM Reboot: New CEO Reports Loss; Ousts Co-Founder Balsillie
Research In Motion Ltd. (Nasdaq: RIMM), the BlackBerry developer, reported a net loss of $125 million, or 24 cents a share, for the fourth quarter,
as revenue plunged 25 percent to only $4.19 billion.
Facebook To Stop Insider Trades Before April Roadshow For IPO
Facebook (NYSE: FB), the No. 1 social network website, will stop insider trades of its shares Friday because its initial public offering roadshow will begin next week.
AOL Shares Gain After Patent Auction Moves
Shares of AOL (NYSE: AOL), the seventh most-visited website, have gained nearly 7 percent this week after the company said a patent sale is an option to increase shareholder value.
Startup Basho Challenging Oracle In Database, Cloud Markets
Basho, a four-year-old startup, is challenging giants like Oracle (Nasdaq: ORCL) and EMC (NYSE: EMC) in the database market as well as new products for the Cloud, or Internet-based computing.
Facebook Pledges ‘Vigorous Defense’ In Yahoo Lawsuit
Facebook (NYSE: FB) pledged to “vigorously defend” itself against claims it infringed upon 10 critical patents held by Yahoo (Nasdaq: YHOO), the No. 2 search engine.
Apple’s Cook in China: What’s The Strategy?
Apple (Nasdaq: AAPL) CEO Tim Cook’s visit to China isn’t for sightseeing. Rather, the new boss has met Vice Premier Li Keqiang, who may be the next Premier of China, as well as other officials.
RIM 4Q Earnings Preview: Can BlackBerry Maker Reboot Success?
Investors wonder if Research In Motion Ltd., which reports quarterly results Thursday, can rebound from recently anemic performance due to falling sales of its BlackBerry device. RIM's turnaround is being led by Thorsten Heins, who took over as CEO in January.
Bill Gates: Lower Emissions Rate To Zero Now
Microsoft (Nasdaq: MSFT) Chairman Bill Gates called for carbon emissions to fall as close to zero as possible to protect the global environment.
Facebook IPO: Zuckerberg E-mails Surface In Dispute
Tyler and Cameron Winkelvoss weren’t the only Harvard classmates of Mark Zuckerberg to dispute ownership rights to what became Facebook (NYSE: FB).
Strange Doings: Yahoo Sues, Facebook Arms: Why?
Facebook (NYSE: FB), the No. 1 social network that wants to complete its initial public offering, is spending more on lawyers these days.
Yahoo Shares Mixed As Proxy Battle Looms
Shares of Yahoo were mixed Monday as it appeared a proxy fight looms for its board of directors.
HP Shares Get Only Minor Jolt From Dividend Hike
Shares of Hewlett-Packard (NYSE: HPQ) rose slightly Monday after the No. 1 computer company announced a 10 percent dividend hike.
Technology Focus: Don’t Forget The Chips
Amid the hoopla surrounding new product introductions by Apple (Nasdaq: AAPL), the initial public offering of Facebook (NYSE: FB) and what’s new with “Angry Birds,” people forget to acknowledge the true “brains” of the whole business: the chip.
Women’s Group That Opposed Summers Hails Kim's World Bank Nomination
The group UltraViolet said it hoped Obama's nominee, a doctor with extensive experience in public health and now Dartmouth College's president, will be a champion for women and girls throughout the world.
Obama Nominates Dartmouth’s Kim To Head World Bank
Kim, 52, will be the first physician to head the bank and the second U.S. nominee to have been born abroad. He has served as Dartmouth College's president since 2009.
