The GPhone Is Coming, But Will It Shake Up the Smartphone Market?

The government is out of Google’s way: The FCC has just approved the HTC Dream, the first phone that will run Google’s “GPhone” Android mobile operating system. …

It might be quiet, but fewer deals dying this summer

As the dog days of August drag on, the M&A market seems content to spend the rest of the summer quietly at the beach. But, unlike last year, the deals that are being forged have been more likely to close.
The volume of deals that have been withdrawn has dropped 40 percent this year, according to research […]

Apple’s 3G iPhone One Month Later: Excellent But Not Euphoric

We’ve had our hands on Apple’s iPhone 3G for a month now, as we can easily declare that it’s the best cellphone we’ve ever owned. And more good news: A software update Apple issued Monday night promises to squash some of the bugs we’ve noticed. But there’

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Around the world

Undaunted by an inhospitable market for IPOs, Germany’s national railroad company Deutsche Bahn is planning to put up almost 25 percent of itself for sale in a stock offering this fall, says The New York Times’ Dealbook. The German government is hoping to raise about $12 billion.
Chinese venture capital firms have been lavishing money on […]

Why a Strong Dollar Is Bad News for the Economy

Seriously, does Paul Kedrosky like anything? Last week, he bemoaned lower oil prices and this week he’s worried about a stronger dollar. Attention Tech investors: You may have the most to lose. Watch the video to hear why.

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Plugging Holes at Lehman

Lehman Brothers is considering selling all or part of its asset management unit – anchored by Neuberger Berman and thought to be worth about $8 billion — by the time it releases third quarter earnings. That would be more than enough to fill the $4 billion dollars in write-downs JP Morgan says the bank will […]