Technology
Is Palm Empty? Analysts Drop Its Target Price to $0
The smartphone maker's stock cratered to a new 52-week low after it warned that fourth-quarter revenues would be roughly half of Wall Street's expectations. Then two analysts lowered their price targets for the stock to $0. That's like throwing gasoline on a four-alarm fire.
Inside Wall Street: Resverlogix Is a Baby Biotech That Could Grow Up Fast
If promising early results of its cholesterol-busting drug RVX-208 get supported in larger clinical trials, it could put this young company on the map in a big way. A partnership with a major drugmaker is a very strong possibility.
With piracy costing the $3 billion Indian film industry close to a billion a year, the Motion Picture Association of America and Indian film studios have teamed up in a new program to combat the problem.
Palm Drops 15% After Hours on 'Very Disappointing' Results
Palm reported revenue that beat Wall Street's low expectations and a smaller loss than a year ago, but the smart-phone maker said its products are still struggling to catch on. The results are more evidence that the one-time mobile pioneer is lagging rivals and could become a takeover target.
A Wrong-Headed Right-Wing Take on Broadband and Net Neutrality
According to right-wing techno-gadfly George Gilder, faster Internet service for more people and equal treatment of content by ISPs are clearly evil things. But this assault on sensible policy is nothing more than reflexively ideological hot air.
Apple Board Member, Former Auto Exec and Ex-IBM CFO Jerry York Dies at 71
Jerome "Jerry" York, a veteran executive whose career spanned the rising and falling fortunes of the U.S. auto and technology industries, died Thursday in Pontiac, Michigan. He was 71 years old.
Yahoo Makes Deals to Expand in Spain and in Sports
It has an exclusive agreement with Telefonica Espana to power mobile searches and sponsored-search ads on Telefonica's emocion mobile portal. Yahoo is also buying Citizen Sports, which delivers sports info to customers' social networking sites and mobile devices.
SocialGreat: The Best Little Location-Based Startup Aggregator in Texas
Location-based information aggregator SocialGreat (slogan: "Where's the crowd?") makes it easy to use all the location-based mobile networks, combining them into an easy-to-use format. How long before Google swoops in?
Enhanced E-Books: A Boon for Readers, a Headache for Agents
As publishers prepare to release more "enhanced" e-books, featuring audio, video, and unreleased material, the door is opening to headaches about rights and contracts, and puzzling literary agents in the U.S. and Britain.
Wind and Biofuel Revenues Grew in 2009, but Solar Dimmed
Despite the world's economic woes, the global clean-energy market grew in 2009, becoming a $139.1 billion industry and the largest venture-capital category. Even so, solar revenues fell because of plunging prices.
DailyFinance Wire
- British Air Strike Fouls Global Air Passenger Traffic
- Books@Daily Finance: Marketing to Well-Heeled African Americans
- Is the Luxury Car Market Slimming Down?
- Will a Roth IRA Conversion Boost Your Nest Egg?
- Boeing Ramps Up Production As Travelers Return to the Skies
- Even If Health Care Reform Passes, the Fights Won't Stop
- Stocks in the News: Palm, CIGNA, Teva, Borders
- Police: Arrest in NJ Walmart racial comment case
- Thousands of BA flights canceled as crew on strike
- Bernanke: Keep Fed as watchdog of small US banks
- Obama tells Congress: Act soon on financial reform
- Letter: Lehman accounting tricks possibly illegal
- India unexpectedly hikes rates a quarter point
- House Dems confident in overcoming abortion rift
- Regulators shut 7 banks in 5 states; 37 in 2010

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