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Google plans 4,000 layoffs at Motorola 15 Aug 2012 | 09:43 am
Internet giant Google on Monday said it plans to lay off about 4,000 employees at cellphone maker Motorola Mobility, as it seeks to focus on sales of its Android devices. About two-thirds of the layof...
Google clears key mapping software for Syria 24 May 2012 | 10:31 am
Google announced Wednesday that its mapping software and other products would be available in Syria after getting export approval by the U.S. government. The Internet giant said Google Earth would be...
Apple readies iPhone with bigger screen 23 May 2012 | 02:53 am
Apple Inc. plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situation sai...
Where are Facebook’s friends? Stock down after IPO 23 May 2012 | 02:39 am
Facebook’s stock is tumbling well below its $38 IPO price in the social network’s second day of trading as a public company on Monday. Investors and technology industry watchers are closely tracking ...
Panasonic headed for record $10 billion annual loss 4 Feb 2012 | 09:34 am
By Tim Kelly and Nobuhiro Kubo Reuters Japan’s Panasonic Corp forecast a record annual net loss of $10.2 billion on Friday, joining beleaguered rivals Sony and Sharp in a sea of red ink as they stru...
Dr. Marc Faber: “I like gold, but…” 19 Apr 2011 | 11:39 pm
In an excellent bloomberg interview, see below, Dr. Marc Faber, publisher of the Boom Gloom and Doom report, discusses his views on global markets, assets, and politics. Faber’s candor is always appre...
State of the Union Addresses 19 Apr 2011 | 11:39 pm
Here are the official material from the State of the Union addresses delivered last night. First we have President Obama’s address, followed by the official Republican response from Representative Pau...
Federal Reserve Leaves Policy Unchanged 19 Apr 2011 | 11:39 pm
Today’s Federal Reserve meeting produced largely uneventful results on the surface but there are some subtle points of interest. In their decision, the Federal Reserve reaffirmed their buying program,...
S&P Downgrades Japanese Government Debt to AA- 19 Apr 2011 | 11:39 pm
Although this was not a surprise as Japan’s debt has been on a negative watch list for some time, the markets have reacted to this headline and the Japan’s Yen is down against all other major currenci...
US Economic Data Update 01/27/11 19 Apr 2011 | 11:39 pm
Today US durable goods, initial jobless claims and pending home sales data were released. December’s durable good orders came in well below expectations, falling 2.5% when a 1.5% rise was expected. Th...
