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Mamma mia.
According to Bloomberg , prosecutors in Milan are seeking one-year jail sentences for two current Google execs and a former CFO in a case charging them with violating Italian privacy and livel law. The case targets David Drummond , SVP and chief legal officer; Peter Fleischer , ...
Other
European Union regulators have has set a December 10 hearing date for Oracle (ORCL) to present its case for its pending acquisition of Sun Microsystems (JAVA) , Reuters reports, citing “two people with knowledge of the matter.”
The European regulators in particular have objected ...
Hardware
Sun Microsystems
Now they’ve done it. The White House has gone and made AT&T (T) mad.
As the Washington Post reports today , a war of words has broken out between Ma Bell and the Obama Administration over recent remarks by White House deputy chief technology officer Andrew McLaughlin , who said the ...
Other
Have you been watching Dataram (DRAM) ? Shares of the micro-cap memory products company have traded wildly in recent weeks, jumping from $2.67 at the close November 10 to $5.39 yesterday, a gain of 102%. Hard to know what it is about small-cap memory stocks; the rally in this one has come in ...
Other
Conditions remain ugly at Conn’s (CONN) , which sells consumer electronics, furniture, mattresses and other goods at 77 stores in Texas, Louisiana and Oklahoma.
For its fiscal third quarter ended October 31, the company reported revenue of $182.8 million, down 0.5% from a ...
Other
AOL (AOL.wi) is off to a slow start in its return to the public market.
While AOL’s spin-off from Time-Warner (TWX) won’t be completed until next month, AOL shares have begun trading on the NYSE in when-issued trading. You have to hunt a bit to find quotes on the issue; neither ...
Online
AOL
Yahoo
Coinstar (CSTR ) shares are trading higher this morning after Wedbush analyst Michael Pachter picked up coverage of the company with an Outperform rating and a $35 price target. The stock closed yesterday at $26.03. The bullish stance reflects his upbeat view on the company’s Redbox DVD ...
Home Theater
DVD
VistaPrint (VPRT) shares are on the rise this morning after Citigroup analyst Mark Mahaney raised his rating on the stock to Buy from Hold, while boosting his price target to $62, from $55.
“We are taking advantage of the recent 13% pullback in VPRT shares to upgrade what we have ...
Other
JDSU (JDSU) shares are trading higher this morning after Citigroup analyst Kevin Dennean picked up coverage of the company with a Buy rating and a $9.50 price target. The stock closed yesterday at $7.40.
Dennean says some investors need to re-familiarize themselves with the JDSU story, with ...
Other
Clearwire (CLWR) today announced that it will raise another $920 million via the sale of 12% senior notes due 2015 - that on top of the sale of another $1.85 billion of notes previously announced but priced today.
Confusing? A little. Let’s clear things up. On November 10, the ...
Mobile
Sprint
Regulators in Canada and Australia have both completed a review of the pending Yahoo / Microsoft search deal without objections, the two companies said today. The companies still expect the deal to close in early 2010. The deal is still under review in other jurisdictions.
Once they get ...
Online
Yahoo
Microsoft
Microsoft (MSFT) this afternoon announced that CFO Chris Liddell is leaving the company at the end of 2009, and will be replaced by Peter Klein , who is now CFO of the Microsoft Business Division.
Liddell joined the company in May 2005, after serving as CFO at International Paper .
In a ...
Other
Microsoft
Nvidia (NVDA) this afternoon announced that the a patent examiner at the U.S. Patent and Trademark Office has rejected all 17 claims in three Rambus (RMBS) patents that had been asserted against Nvidia in a case before the International Trader Commission . The company said the decision, in ...
Hardware
Nvidia
TiVo (TIVO) this afternoon posted revenue for its fiscal third quarter of $47.1 million, consistent with guidance of $46 million to $48 million. Net loss of $6.7 million was smaller than the company’s forecast of a loss of $8 million to $10 million. Adjusted EBITDA was positive $2.1 ...
Home Theater
TiVo
Is EMC (EMC) getting prepared to buy something expensive?
In an 8-K filing this afternoon , the company said its board a few days ago approved a plan to reorganize its international operations, transferring certain assets of its RSA and Data Domain units to a single EMC international holding ...
Other
Blue Coat Systems (BCSI) this afternoon posted revenue for its fiscal second quarter ended October 31 of $120.4 million, with non-GAAP profits of 29 cents a share. The Street had been expecting $120.1 million and 26 cents.
Earlier this month, the company said it expected revenue to be ...
Other
Microsoft (MSFT) this afternoon has invited reporters to a press event to be held 10 a.m. Pacific time next Wednesday in San Francisco. to “showcase and demo several new Bing features.”
Just what they’ll be, I dunno. But if anyone wants to guess what the company’s ...
Online
Microsoft
Bing
Facebook today confirmed that it has created a dual class stock structure, a move that is going to increase speculation on the timing an an eventual IPO for the company. As the Wall Street Journal notes , the company will have Class A and B shares, with all current holders to be converted to ...
Online
Mark Zuckerberg
Canaccord Adams analyst Paul Masnky today cut his rating on Brocade (BRCD) to Hold from Buy, cutting his price target on the stock to $8.50 from $10. The move comes amid a sell-off in the shares on disappointment with the company results for the fiscal fourth quarter ended October and its ...
Other
TiVo (TIVO) this morning unveiled a deal to license television viewing data to Google (GOOG) to be used in the Google TV Ads platform. Terms were not disclosed.
The announcement said Google TV ads will be able to draw on anonymous second-by-second DVR viewing data from stand-alone ...
