The stock market took a plunge again today. While it wasn’t quite as bad as Monday’s free-fall , the Dow fell 348.22 points (3.22 percent), the Nasdaq fell 92.68 points (4.48 percent) and the S&P 500 fell 46.78 points (4.03 percent). Not good.
Some of the major tech stocks, which took massive hits on Monday , only to partially recover on Tuesday, fell one again. Two in particular, Apple and Yahoo hit new lows today, while Google didn’t fare much better.
Apple’s stock now stands at $100.10-per-share. It hit the $100.00 mark today but avoided falling below it. The stock fell over 8 percent.
How bad has Apple’s fall been? Just look at the chart below. It looks like the Mariana Trench. While Apple hovered around the $180-a-share mark for much of August, September was brutal on the company. Now October is turning out to be even worse so far.
Apple’s stock has not been at the $100-a-share level since late April/early M...
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While Apple is giving its phone rival Palm a drubbing in the market, both are now known to be scaling back their work commitments to employees — though Apple is using creative reassignments to soften the perceived blow, AppleInsider has learned.
From: AppleInsider ... more
While Apple is giving its phone rival Palm a drubbing in the market, both are now known to be scaling back their work commitments to employees -- though Apple is using creative reassignments to soften the perceived blow, AppleInsider has learned. ... more
While Apple is giving its phone rival Palm a drubbing in the market, both are now known to be scaling back their work commitments to employees -- though Apple is using creative reassignments to soften the perceived blow, AppleInsider has learned.
Related posts: Apple, Palm taking different steps to reduce worker overhead Apple, Palm taking different steps to reduce worker overhead Apple, Palm taking different steps to reduce worker overhead Apple, Palm taking different steps to reduce ... more
If Microsoft uses its Windows embrace and extend strategy to compete in the cloud space, Azure may meet some stiff resistance.
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A sucker for storage From: blogs.pressdemocrat.com Post Date: 2008-10-29 21:46:15
I am a chump.
After months of tediously shuffling around files, I’d had enough of the paltry 20 gigabyte hard drive that came with my Xbox 360.
At the time the 360 launched, 20 gigabytes seemed like a lot of memory. But with free demos that regularly exceed a gigabyte, dozens of "Rock Band" songs, free map packs for games like "Halo 3" and "Gears of War" and a quantity of save files befitting someone who writes about video games, I was locked in an endless, unfun minigam... more
It never seems to fail. Every year, one or two major games get leaked early via pirates and the industry sounds off alarm bells and talks up the staggering loses that piracy is causing.
The situation certainly doesn’t get helped by stories of idiotic employees stealing hundreds of copies of un-released games and being caught by police, especially when said thieves have reportedly already sold and undetermined number of games.
This all just fuels the argument for stronger DRM or new w... more
In recent years, many journalists (including myself) have experimented with web services intended to help journalism go online, and those efforts have failed.
We’d hoped that things like better newsroom software or local community sites would allow quality reporting to run efficiently and survive as web businesses. But these efforts were often top-down. Newsroom software tried to mirror the needs of the traditional newsroom, for example.
But newsroom software hasn’... more
AOL doesn’t want to get left out of social networking games. Such games are taking off on social networking sites such as Facebook, where Zynga and Social Gaming Network have launched popular viral games.
Today, AOL is announcing an ad-supported mobile gaming community channel with games provided by New York-based Cellufun , a venture-backed company.
AOL said it is starting to make use of its Third Screen Media acquisition as all mobile banner ads on the games are being po... more
While many an entrepreneurs in Silicon Valley imagine their start-ups replacing established media companies, fast-growing mobile video startup MyWaves is instead working with the big companies.
Today, for example, it is announcing a deal with MTV, where MTV will — for the first time in its history — license its content to a third party mobile site that is not related to a carrier. MTV will also sell advertising on the MyWaves site and the two companies will split revenue f... more
Reality Digital provides software that web publishers can use to host their own collections of videos. The company was founded in 2004, before the latest wave of online video startups appeared, and has done well enough for itself, winning MTV, The Travel Channel and other large media companies as partners. And now it has also raised $6.3 million from OpenView Venture Partners . Reality Digital lets a third party use its software to host an entire interface for videos: The videos themse... more
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