It may have only lasted 100 minutes, but the Great Gmail Outage of last week generated discussion that endured for days. It started with panic attacks on Twitter and took some bizarre turns, such as sparking talk of lawsuits. But in the end, the fact of… Read More »
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Kevin Kelleher
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The S&P 500 is up 50 percent from its March lows, a rebound that has helped to thaw the IPO market from the deep freeze it entered last fall. Twenty-one companies have gone public on U.S. markets so far this year, 10 of them technology firms.… Read More »
Waiting for eBay to spin off Skype into the stock market? Don’t hold your breath. A legal battle with a company controlled by Skype’s founders could delay the move until at least the second half of next year — and possibly put the entire offering into… Read More »
At first glance, it looks like eBay and Amazon are swapping fortunes. eBay’s stock rose 11 percent the day after it posted second-quarter earnings this week, while Amazon’s stock dropped 8 percent in the wake of its own report. Amazon reported better numbers — its revenue… Read More »
Is the recession over already? Intel and IBM this week posted stronger-than-expected numbers and raised guidance for future quarters, pushing the Nasdaq 7.5 percent higher and inspiring some to hope a recovery was imminent, if not already here. But with all due respect to the bulls (and… Read More »
Count me among the skeptics who see Google’s Chrome OS announcement this week as, first and foremost, an effort to induce pain in its longtime rival Microsoft. And a pointless one at that. Many people writing about Chrome OS have argued that there’s a sound business strategy… Read More »
Things may finally be turning around for troubled satellite radio venture Sirius XM. Following a long and costly merger, the company became desperate for new financing just as credit dried up, and managed to avert bankruptcy only by selling 40 percent of itself to John Malone… Read More »
