CARLSBAD, CALIF. — Microsoft’s Bing may be an improvement in search, but short of anticipating queries and “hitching up to my synapses” it’s probably not enough to get people to change their habits, says Paul Kedrosky, senior research adviser a
Daily Archives: May 29, 2009
D7 Takeaways: Web 3.0 Is Here, But a Microsoft-Yahoo Search Deal Isn’t
The AllThingsD conference is over, so let the post-op begin!With the conference fresh in my mind (but my mind not fresh after taking the red-eye) Henry and I discuss some of the key themes and big takeaways from the D7 confab, including
End of an Era: GM Going Bankrupt on Monday
From TheBusinessInsider.com, May 29, 2009GM will file for bankruptcy on Monday, Bloomberg says.
It will then split into a “good GM, bad GM,” with the good GM looking
to be profitable within 60-90 days. In a change from the previous
Crude Hits Six-Month High: Oil’s Rise Could Crush the ‘Green Shoots’
There’s two sides to every coin, and the other side of the “economic recovery” coin is higher oil prices, which could give the green shoots a serious trim.Crude prices hit a six-month high above $66 per barrel Friday morning, following another d
Let’s Focus on Saving Journalism, Not Newspapers, Huffington Says
Arianna Huffington: Obama Is Wrong About Wall St. and I’m No Lefty
CARLSBAD, CALIF. — It may come as a surprise to many, but Arianna Huffington does not consider herself or the Huffington Post liberal or a lefty.”We call them as we see them [and] pursue the truth wherever it takes us,” Huffington says. “
Deals du Jour
Cars dominate headlines again, with a GM bankruptcy looming and Chrysler CEO Nardelli saying he expects a deal with Fiat on Friday. In other news, Chartered Semiconductor denies a newspaper report that Advance Technology Investment has bid for Temasek’s majority stake in the firm. For today’s headlines, click here.
And here is what we found of interest in newspapers:
Credit Suisse has begun a plan to sell its London property estate and raise up to 500 million pounds ($800 million), the Financial Times reported.
Terra Firma has been forced to inject more cash into EMI after the debt-laden UK music group missed targets imposed in banking covenants, the Financial Times said. The Wall Street Journal separately said Terra Firma had put up an additional 28 million pounds to bail out EMI.
British Sky Broadcasting has made a bid for a package of seven digital TV channels owned by cable operator Virgin Media in an auction, the Financial Times said.
British drug firm GlaxoSmithKline Plc is in talks to buy a 51 percent stake in India’s unlisted Shantha Biotech after prospective bidder Sanofi Aventis dropped out, the Economic Times said.
Dow 10,000, Revisited: Paul Kedrosky Sees Stocks “Considerably Higher” by Year-End
CARLSBAD, CALIF. — Stocks rallied sharply Wednesday, resuming the climb off the March lows, a move Paul Kedrosky attributes to the “‘the world hasn’t ended’ trade plus inventory restocking.”Citing the ongoing skepticism in the rally’s st
The Woz Weighs In: Steve Jobs’ Health, Dancing, and “the Highlight of My Life”
CARLSBAD, CALIF. – Steve Jobs sounds “energetic, healthy, not gravely ill or someone anxious or [overly] concerned about his health,” Steve Wozniak says of his fellow Apple co-founder.But Wozniak has been “saying the same thing for six mon
Woz-Bing! Apple Co-Founder a “Big Fan” of Microsoft’s New Search Engine
CARLSBAD, CALIF. – Microsoft’s new search engine Bing was unveiled Thursday and can already boast about a rousing endorsement from an unexpected source: Apple co-founder Steve Wozniak. “That was the most astounding software demo I’ve every seen,"
Field Guide to the Mortgage Collapse
From The Business Insider, May 28, 2009:
The housing market is crashing, and it’s taking us, our banks, our economy, and our government down with it. …
Valley Legend Ron Conway on Twitter, OpenTable, Facebook’s $10B Valuation and The Next Big Thing
CARLSBAD, CALIF. — After a Russian Internet-investment group, Digital Sky Technologies, invested $200 million in social networking giant Facebook earlier this week, the company’s implied valuation jumped to $10 billion.”It’s very significant,”