updated: 05/16, 8:50pm, EDT
Headlines
Investor Headlines
- Apple quadruples iPhone TAM, stock set to...
- Icahn to start proxy war for MS/Yahoo deal?
- Sprint loses 1m cell subscribers
- Microsoft completely withdraws proxy board
- Sprint nears closure on $12b WiMax deal
- Blu-ray sales low: format victory a hollow...
- Creative faces lawsuit over false capacity...
- Vodafone intros Unlimited Internet Access...
- No decision yet on Microsoft-Yahoo deal
- Sirius and XM delay meetings, awaiting FCC...
- JoeSoft's Stox 1.1 adds new tracking tools
- AOL announces Open Voice APIs
- Lenovo joins Dell in Windows XP extension
- AMD introduces Business Class platforms
- Circuit City questions Blockbuster...
- ASUS swapping Eee PC batteries after...
- Ballmer: Yahoo profits won't change...
- Google beats analyst estimates for Q1 2008
- Universal announces first Blu-ray details
- Sony demos ultra thin prototype OLED TV...
- Yahoo and AOL to combine operations?
Highlights
Sprint this morning reported its results for the first quarter of 2008 and has revealed continued severe losses in its cellular ... full story
Apple's stock is likely to go higher than expected based on a spate of iPhone agreements the company has forged, says analyst ... full story
Activist investor Carl Icahn may use his clout to instigate a proxy battle that pushes Yahoo towards accepting a Microsoft takeover, ... full story
Latest Stories
May 16 - 02:20pm EDT
Analyst firm Piper Jaffray on Friday offered analysis of the recent additions of many new carriers and countries to the iPhone fold, pointing out that Apple could quadruple its total addressable market share from 153 million potential subscribers to 575 million in 42 countries. In a note to investors, senior analyst Gene Munster says the recent agreements with Orange, Vodafone, SingTel, American Movil, and Swisscom put Apple's international rollout of the iPhone eight months ahead of schedule. [full story]
May 13 - 05:15pm EDT
Activist investor Carl Icahn may use his clout to instigate a proxy battle that pushes Yahoo towards accepting a Microsoft takeover, CNBC says. Those talking to Icahn allegedly say he will push for the nomination of three or four candidates to Yahoo's board of directors that would favor a Microsoft buyout, giving just enough influence on the ten-person board to have it vote in favor of the acquisition that it has resisted in the past. Dissatisfaction with Yahoo's rejection of Microsoft offers could make this simple, the sources explain. [full story]
May 12 - 07:55am EDT
Sprint this morning reported its results for the first quarter of 2008 and has revealed continued severe losses in its cellular business. The carrier says its net revenue declined nine percent year-over-year to $9.3 billion and that it lost a total 1.09 million wireless customers in the most recent period. The company says the poor results were "expected" but that it's continuing to rework its strategy, including more focused advertising, cost reductions, and larger strategic decisions. Its news last week of a team-up with Clearwire for nationwide WiMAX also points to a turnaround, according to the company. [full story]
May 08 - 06:25pm EDT
Microsoft has put the final nail in the coffin in terms of the Yahoo merger, as the proposed proxy board received notice from the software giant Thursday morning, dismissing any responsibilities the board would have had in the event of a hostile takeover. The Wall Street Journal writes that Microsoft's law firm Sullivan & Cromwell sent out the notice, indicating that company is firmly rooted in its decision to not make a hostile bid for Yahoo. [full story]
May 06 - 06:25pm EDT
Sprint is nearing closure on a $12 billion joint venture with Clearwire, backed by industry giants such as Intel, Google, Time Warner, and Comcast, among others. The Wall Street Journal reveals that Sprint would merge its wireless broadband services with Clearwire, after raising a total of $3.2 billion from the aforementioned technology and wireless firms, of which the final approval was given Tuesday. The announcement could come as soon as Wednesday, according to insiders. [full story]
May 01 - 04:35pm EDT
A new report shows the Blu-ray disc player sales are falling, despite Toshiba dropping its HD DVD format players back in February. The sales of Blu-ray disc players were expected to skyrocket but a NPD Group study found the opposite. US sales of standalone Blu-ray players fell 40 percent from January to February, still in the midst of the HD DVD fall, before increasing by just two percent in March. This leads many to believe the price of Blu-ray players and media still isn't low enough for mainstream adoption. [full story]
May 01 - 02:05pm EDT
Creative is facing a class-action lawsuit that is alleging the consumer electronics maker misled customers with inaccurate capacity claims for its portable media players. The lawsuit seeks $900,000 for attorney fees and $5,000 for each plaintiff. Those who purchased a hard-drive based Creative player between May 5, 2001 and April 30, 2008 and can prove it are eligible to be part of the lawsuit. [full story]
May 01 - 10:45am EDT
Vodafone UK on Thursday announced it would add 'unlimited' access to the Internet and email to its monthly cell phone plans as it tries to garner a larger share of the country's highly competitive cellular market. The world's largest mobile telecommunications network company does in fact limit the plan to 500MB per month, as per its fair usage policy. The provider noted use of its Vodafone Mobile Internet service has grown rapidly since its launch last summer, with users accessing popular networking sites, news sites and search engines most often. [full story]
April 30 - 11:50pm EDT
Microsoft head Steve Ballmer has yet to come to a decision regarding the impending Yahoo takeover, as even his closest lieutenants are left wondering what he plans to do regarding Yahoo's silence. According to The Wall Street Journal, Ballmer's threats remain stagnant due to his unpredictable nature, leaving many in the industry questioning whether he plans to follow through with replacing Yahoo's board through its investors. [full story]
April 30 - 04:30pm EDT
Both Sirius and XM satellite radio providers decided to postpone their respective shareholder meetings as they await the FCC's approval of their merger. XM had a shareholder meeting scheduled for May 23, with Sirius execs assembling on May 20, suggesting the two don’t expect the matter to be resolved at least until the end of next month. The FCC is reviewing concerns that analysts believe include "public interest" issues such as pricing of the service, which would effectively have no competition on the satellite radio market. [full story]








