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Twitter sinks as user growth underwhelms

Written By limadu on Rabu, 30 April 2014 | 08.36

Click the chart for more info. NEW YORK (CNNMoney) Shares sank nearly 9% in after-hours trading Tuesday following uninspiring first-quarter results from the social-media company. Twitter's active-user base is still growing, hitting 255 million...
08.36 | 0 komentar | Read More

Feds net another Swiss banker

WASHINGTON (CNNMoney) The development raises pressure on the bank amid settlement talks with Justice Department over its alleged tax evasion activities. Josef Dorig is the second former Credit Suisse (CS) employee in the past two months to agree...
08.36 | 0 komentar | Read More

Most Clippers sponsors take a wait and see approach

The NBA immediately changed the Clippers' homepage to this image after issuing a lifetime ban to the team's owner Tuesday afternoon. NEW YORK (CNNMoney) At least a dozen companies -- including big names like Sprint, State Farm, CarMax and Kia...
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Netflix to speed up for Verizon customers

Written By limadu on Selasa, 29 April 2014 | 08.36

Netflix strikes deal with Verizon to allow faster speeds. NEW YORK (CNNMoney) The two companies said Monday that they struck a connection deal, the second Netflix has made with an Internet provider aimed at improving streaming speeds for customers....
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A $10 million boost for millennial media startup PolicyMic

PolicyMic is getting a $10 million infusion. NEW YORK (CNNMoney) The cash infusion is part of a formidable wave of venture capital funding for new media companies. PolicyMic said it decided to raise the $10 million, on top of a previous $5 million,...
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Univision airs concerns about Comcast deal

Univision's Randy Falco, pictured in 2011. NEW YORK (CNNMoney) Falco stopped short of opposing the merger outright, but expressed sharp concerns about the potential combination of the two companies. As government regulators undertake a review...
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Taco Bell tests new restaurant aimed at Chipotle crowd

Written By limadu on Senin, 28 April 2014 | 08.36

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...
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Stocks: Federal Reserve to the rescue?

Click image for more market data. NEW YORK (CNNMoney) After a bonanza of corporate report cards dominated recent headlines, investors will likely refocus on the state of the U.S. economy and the Federal Reserve's delicate dance to curtail its...
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Supreme Court hearing leaves Aereo backer more confident

Click the photo to watch the interview. NEW YORK (CNNMoney) Barry Diller, chairman of the media giant IAC, was in the courtroom on Tuesday morning when the Supreme Court heard oral arguments in television broadcasters' high-stakes lawsuit against...
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Under Armour scores invite to S&P 500

Written By limadu on Minggu, 27 April 2014 | 08.36

NEW YORK (CNNMoney) That puts it in the ranks of the largest largest companies on U.S. stock exchanges -- call it the "varsity league" of stocks. Under Armour (UA) stock has been on the kind of winning streak that the Yankees would envy. It has...
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Elon Musk's SpaceX will sue U.S. over rocket contract

Musk claims his aerospace company SpaceX was unfairly shut out of a contract for rocket launches he says he can do for less money. WASHINGTON (CNNMoney) SpaceX plans to sue the U.S. Air Force to challenge a $7.2 billion contract awarded to a...
08.36 | 0 komentar | Read More

Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...
08.36 | 0 komentar | Read More

Elon Musk's SpaceX will sue U.S. over rocket contract

Written By limadu on Sabtu, 26 April 2014 | 08.36

Musk claims his aerospace company SpaceX was unfairly shut out of a contract for rocket launches he says he can do for less money. WASHINGTON (CNNMoney) SpaceX plans to sue the U.S. Air Force to challenge a $7.2 billion contract awarded to a...
08.36 | 0 komentar | Read More

Under Armour scores invite to S&P 500

NEW YORK (CNNMoney) That puts it in the ranks of the largest largest companies on U.S. stock exchanges -- call it the "varsity league" of stocks. Under Armour (UA) stock has been on the kind of winning streak that the Yankees would envy. It has...
08.36 | 0 komentar | Read More

Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...
08.36 | 0 komentar | Read More

Silicon Valley giants settle poaching case

Written By limadu on Jumat, 25 April 2014 | 08.37

NEW YORK (CNNMoney) Kelly Dermody, a lawyer for the plaintiff's, called the deal "an excellent resolution." The settlement will now go before a judge for review. The settlement was reached with Intel (INTC, Fortune 500), Google (GOOG, Fortune 500),...
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How the FCC's Internet fast lane affects you

FCC chairman Tom Wheeler, a former cable industry lobbyist. NEW YORK (CNNMoney) Federal Communications Commission chairman Tom Wheeler proposed new regulations Thursday that would allow Internet service providers like Comcast (CMCSA, Fortune...
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Tesla finds friends in the FTC

A Tesla Motors vehicle in a Miami showroom. NEW YORK (CNNMoney) Three officials at the agency argued Thursday that the electric car company should be permitted to sell vehicles directly to customers. Many states currently forbid the practice...
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Apple shares soar on increased buyback

Written By limadu on Kamis, 24 April 2014 | 08.36

Apple increased its buyback and posted a strong second quarter, sending shares soaring. NEW YORK (CNNMoney) Apple (AAPL, Fortune 500) said it will increase its share repurchase program to $130 billion, up from $100 billion. The company also announced...
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Regulators pave way for Internet "fast lane" with net neutrality rules

FCC chairman Tom Wheeler, a former cable industry lobbyist. NEW YORK (CNNMoney) The news quickly drew condemnations from net neutrality activists, who say the proposal from the Federal Communications Commission will give large companies that...
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What stumps Warren Buffett? Minimum wage

NEW YORK (CNNMoney) "I thought about it for 50 years and I just don't know the answer on it," Buffett told CNN Wednesday. "In economics you always have to say 'and then what?' And the real question is are more people going to be better off if it is...
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Airbnb faces off with New York over housing rentals

Written By limadu on Rabu, 23 April 2014 | 08.36

NEW YORK (CNNMoney) The housing-rental site faced off in court Tuesday with the New York attorney general's office, which is pressing Airbnb for the identities of users it believes may be violating state housing laws. Airbnb offers an online platform...
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AT&T, Chernin set sights on streaming video

Peter Chernin, formerly of News Corp., has joined forces with AT&T for a new streaming service. NEW YORK (CNNMoney) On Tuesday the wireless company said it had entered into a new venture with former News Corporation president Peter Chernin...
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Delinquent IRS employees paid bonuses by the agency

No one likes the tax man, but paying some badly behaved IRS employees a bonus isn't helping. NEW YORK (CNNMoney) More than $2.8 million, plus thousands of hours of paid time-off, were doled out over two years to employees who had recently been...
08.36 | 0 komentar | Read More

Silicon Valley firms accused of hiring conspiracy

Written By limadu on Selasa, 22 April 2014 | 08.36

Google is among the firms accused in the class-action. NEW YORK (CNNMoney) A lawsuit pending in California federal court accuses a handful of firms, including Google (GOOG, Fortune 500), Apple (AAPL, Fortune 500) and Intel (INTC, Fortune 500),...
08.36 | 0 komentar | Read More

What the heck is Aereo, anyway?

NEW YORK (CNNMoney) Now Aereo's legality is before the Supreme Court. Is it, as Aereo argues, a legal and innovative way for consumers to get more control over how they watch TV? Or is it what some of the country's biggest broadcast networks say --...
08.36 | 0 komentar | Read More

Netflix to increase subscription prices

Netflix CEO Reed Hastings. NEW YORK (CNNMoney) The streaming video company said Monday that it planned to increase subscription prices for new customers by one or two dollars a month within the next few months. Existing subscribers will be able...
08.36 | 0 komentar | Read More
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