Goldman Removes Apple From 'Convicted Buy' List
Apple Inc. was removed from the 'convicted buy' list of investment banks Goldman Sachs this morning, as the firm cited 'negative speculation' ahead of the June release of the iPhone.
Tech Sector Moves Up on Cisco Earnings; Infineon Among Top Movers
A strong quarterly report by network equipment maker Cisco Systems (NASDAQ: CSCO) provided strength in the technology sector Wednesday, and German chipmaker Infineon's (NASDAQ: IFX) deal with Nokia made it one the top tech movers of the day.
Samsung Settles Price-Fixing Suit for $90 Million
The world's largest memory chipmaker, Samsung Electronics Co. has agreed to pay $90 to settle price-fixing lawsuits brought on by 41 states.
Rowling 'Heartbroken,' Retailers Preparing for 'Potter' Goodbye
Even as Harry Potter author JK Rowling proclaims that saying goodbye to Harry Potter was as hard as she always thought it would be, retailers are preparing to give the boy wizard a record setting send off.
Yahoo, GM Launch Pontiac Online Car Club
The Pontiac division of General Motors (NYSE: GM) and Yahoo Inc. (NASDAQ: YHOO) launched a new online website that will serve as the virtual car-club for Pontiac owners, taking advantage of Yahoo's social media assets.
Infineon Shares Rise on Nokia Deal
Shares of Infineon Technologies AG (Nasdaq: IFX) rose over 11 percent on Wednesday after the German chip maker announced a deal with Nokia.
Analyst: AMD's New Graphics Chip May Not Be Enough
Advanced Micro Devices (NYSE: AMD) is taking aim at its cross-town graphics chip rival, Nvidia Corp. (Nasdaq: NVDA), preparing a new product for competition inside computers built for Microsoft's Windows Vista. Despite its efforts, however, one analyst contends that the new chip may not be enough.
Nortel Shares Dip as CFO Set to Step Down
Nortel Networks Corp. (NYSE: NT) said Tuesday that one of its primary figures will step down from his executive position.
Steve Jobs Says Apple Would Support DRM-Free Music
Steve Jobs posted a statement on Apple Inc.'s website on Tuesday which said his company would embrace the notion of major record companies selling music without the digital rights management scheme that enforces copyrighting.
RIM Leads Industry to Record PDA Shipments
World wide PDA shipments continue to grow, with Research In Motion's (NASDAQ: RIMM) Blackberry device leading the way, according to a new report.
Transmeta Shifts Focus to Licensing
Transmeta Corporation (NASDAQ: TMTA) announced that the company is streamlining its operations to focus on a core business of developing and licensing intellectual property.
Apple's New Video-iPod May Get Bigger Screen, Lose HD
New features emerging in Apple's (Nasdaq: APPL) next generation portable media player promise more connectivity and convenience, one analysts contends, but some changes may cause current Apple partners grief.
Get Ready to Pay Less for LCDs
A major slowdown in demand for large-screen LCD screens is triggering a big price drops for flat panels, making televisions and computer displays cheaper than ever.
Apple Inc. Settles with Beatles' Apple
The Beatles and Apple Inc. (NASDAQ: AAPL) ended their long standing trademark dispute, possibly paving the way for the band's music to appear on the Apple iTunes online music store.
GM: Strategy OK Despite Low Sales
General Motors Corp. won't budge from its strategy of reducing rebates and other incentives just because it saw a steep sales drop in January, a top executive said Saturday.GM's sales were off 16.6 percent compared with January 2006.
Broadcom Opens Path to Smaller Bluetooth Headsets
Communications technology company Broadcom (NASDAQ: BRCM) said this week that it has developed technology that can reduce the size of wireless headsets, while improving the sound quality and energy efficiency.
Dell Flap: Suit Says Millions in Intel Payments Hidden
Dell Inc. (NASDAQ: DELL) is facing an investor lawsuit alleging that it improperly accounted for hundreds of millions of dollars in payments from Intel.
Apple: Vista May Damage iPod
Apple Inc. (NASDAQ: AAPL) is advising Windows customers who use its iTunes music software to delay upgrading to Microsoft's next-generation operating system, as it addresses a number of incompatibilities, one of which may damage a connected iPod.
Consumer Electronics Drive Chip Sales to New Record
Demand for consumer electronics helped the global semiconductor market hit a new record in 2006, with sales topping a quarter of a trillion dollars.
Hynix Overturns DRAM Market with Remarkable Quarter
Hynix Semiconductor Inc.'s remarkable performance in the lucrative memory market for DRAM surpassed all but one of its rivals, as it rose to take second place in market share growth and revenue in the fourth quarter, and all of 2006.
TI CEO Encourages Engineering Students to Give Back
Rich Templeton, Texas Instruments' (NYSE: TXN) president and chief executive officer, has been visiting engineering students at some of the nation's top universities, encouraging them to raise awareness of their field to next generation of students.
Viacom Demands YouTube Pull Videos
Viacom (NYSE: VIA) informed YouTube on Friday that over 100,000 unauthorized clips on its web site – representing 1.2 billion video streams – must be removed immediately from its site.
Motorola to Give MOTORIZR Cell US Debut at Academy Awards
Motorola is hoping to be seen on the red carpet for the Academy Awards in Hollywood, announcing it is handing out its latest, not-yet-available in the US cell phone to 25 of the top nominees.
Millionaire Households Rise Over 50 in Past 3 Years
The million dollar club is becoming less exclusive, as the number of millionaire households in the U.S. has risen 56 percent since 2003, reaching 5.4 million, according to a new study.
'Harry Potter' Mania: Advance Sales Hit Record
Just one day after the announcement that the seventh and last book in the Harry Potter series would be released July 21, Pottermania is raging once again, with e-retailer Amazon.com reporting record advance sales of the heavily discounted book.
Nvidia Graphics Chips Hold Off AMD in 4Q
Cross-town chip rivals Nvidia (Nasdaq: NVDA) and AMD (NYSE: AMD) sparred in the graphics chip market during the fourth quarter of 2006, with most recent data indicating that AMD gained ground in the latest quarter but it wasn't enough to keep Nvidia away from the top spot.
Apple, Cisco Extend Talks on iPhone Suit
Consumer electronics maker Apple Inc. (NASDAQ: AAPL) and network equipment manufacturer Cisco Systems, Inc. (NASDAQ: CSCO) said they have agreed to extend Apple's time to respond to Cisco's lawsuit alleging that Apple's ‘iPhone' name is violating a trademark.
Final Harry Potter Book Due Out in July
Author J.K. Rowling said the last of 7 books is due on July 21.
Portable Music Players Open New Car Audio Possibilities
The rise of Portable Media Players (PMPs) and downloadable content is forcing car makers to rethink automotive onboard entertainment by adding connectivity to what have traditionally been standalone audio and video systems, new research shows.
AMD Market Share Rises; Intel Revenue Grows
Advanced Micro Devices (NYSE: AMD) gained ground in its ongoing battle with chip rival, Intel (Nasdaq: INTC) in the most recent quarter, continuing to capture unit share, but slipped in terms of revenue.