Business
 
 
 
Business
 

Microsoft Xbox Division $4 billion in the Red

Microsoft's Xbox division is apparently in the red by $4 billion! That's $4,000,000,000. I didn't even know debts could get that big, and who in their right mind would continue to run a division that is 4 billion dollar bills f...
 
Business
 

Fox Entertainment to take MySpace

In a unanimous vote Intermix’s board of directors have decided to stick with Rupert Murdoch offer of $12 a share. It turns out that the $13.50 a share that Greenspan offered was for half the stock. Greenspan would have had to r...
 
Business
 

MySpace Out of Rupert Murdoch’s Reach

You know that TV tyrant, Rupert Murdoch? Well, he recently made a bid to get his hands on Intermix Media, the proud owner and parent company to the music/social networking site MySpace.com. Interestingly enough, it looks like I...

 
Business
 

Apple’s iPod Nano’s Huge Margin

iSupply took the tiny player apart and has determined it costs Apple just $90 in matrials, and $8 in labor to build the 2GB iPod Nano. The margins of course get fatter on the 4GB because labor costs stay fixed. This margin is c...
 
Business
 

Jobs Stands Strong Against Music Biz

Steve Jobs, the CEO of Apple computers, is standing strong against the music industry's demand to increase pricing. Jobs is concerned that a price increase will create a backlash and many people will return to pirating music in...
 
Business
 

Chinese Search Engine – Baidu – Sued

Chinese search engine, Baidu, is reportedly being sued by Sony, Warner Music, EMI, and Universal. This news comes on the heels of Baidu's recent, and successful public offering (about a month ago now). The law suits were in fac...

 
Business
 

Vonage Going Public

Vonage is expected to file for public status any day, and it may just rival the hoopla that surrounded Google's IPO. Vonage is one of the biggest providers of VoIP (voice over IP), taking a large share of the market. The bigges...
 
Business
 

Gadgets for Girls – Sony and Luella Bartley join forces

Sony Electronics and fashion designer, Luella Bartley, joined forces for Bartley's Spring/Summer 2006 runway show. The show featured women's influence on consumer electronics including the super-slim DSC-T7 Cyber Shot digital c...
 
Business
 

Email Privacy Invaded by Yahoo!

Think your email privacy is safe? Well perhaps it is to some extent here in the US, but China and Yahoo seem to be setting an unsettling precedence. Yahoo recently had to comply with the Chinese government's legal demands to re...

 
Business
 

Newscorp Further Extends Online Reach for $650 Million

Newscorp further extended its online presence by gobbling up gaming centric, IGN. IGN, originally started as a game enthusiast site, spread its wings further as the years went on delving into gadgets, car reviews, and more. IGN...
 
Business
 

Apple May Get Sued for its iPod

It looks like Apple may have infringed upon Creative Technology's patent for its music players. Although Apple dominates the market, Creative says they have been awarded a patent that was based on their Nomad music player, rele...
 
Business
 

Tivo Reports First Profit

The company that no one thought would do it, reported its first profit in the company's eight-year history. Tivo's current quarterly revenue is $40.7 million and is trading at $5.06 - wooped tee do, right? Tivo has or had, a re...