The market’s early attempt to resist the downward pull failed miserably on Wednesday, as oil’s surge and the Fed’s dour economic outlook waylaid stocks.The Fed’s April rate cut was a “close call” and FOMC members foresee “some rebound”
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Netflix shares are up a second straight day in a down tape following news of the company’s set-top box for streaming videos.Initial reviews on the box are good, but Netflix (with partner Roku) is a David compared with technology Goliaths Apple, Sony, Sams
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“We are not bidding to buy Yahoo,” Microsoft CEO Steve Ballmer said Wednesday during a trip to Israel, Reuters reports. “Yet, we are trying to have discussions about deals with Yahoo that might create value, but not a whole acquisition of t
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From Sillicon Alley Insider, May 20, 2008:Microsoft (MSFT)
is the company plenty of people love to hate. But they generally don’t
demonstrate it the way that this Hungarian numbskull did — standing up
in the middle of a talk Steve Ballmer was giving a
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With oil pushing past $130 per barrel, Congress is swinging into action with a series of boneheaded measures designed to generate crowd-pleasing sound bytes vs. actually addressing the issue.In typical fashion, Washington’s approach to the problem is to t
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From Silicon Alley Insider, May 21, 2008: Microsoft (MSFT) will announce its Hail Mary attempt to stave off a Google (GOOG) search monopoly this morning, TechCrunch reports. This is the “disruptive” development Microsoft’s Kevin Johnson alluded
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The Senate Banking Committee approved a housing bill Tuesday, as politicians from both parties convene on a compromise.With Congress honing in on legislation to relieve the housing bust, I recently sat down with Professor Lawrence J. White, deputy chair o
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The Senate Banking Committee approved a housing bill Tuesday, as politicians from both parties convene on a compromise.With Congress honing in on legislation to relieve the housing bust, I recently sat down with Professor Lawrence J. White, deputy chair o
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Posted on May 21st, 2008 by
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