Thursday - July 2, 2009
For seven months, a New York Times reporter named David Rohde was held prisoner by Taliban kidnappers. However, you wouldn't learn that from reading The New York Times -- or even Wikipedia, for that matter. In addition to other news organizations, the Times reportedly asked Wikipedia not to publish information on the abduction. For Wikipedia, that meant monitoring Rohde's entry and quickly deleting information regarding the kidnapping as soon as anyone put it up. Everyone involved seemed to have good intentions.
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Wednesday - July 1, 2009
After all the excitement about Steve Jobs' health, the market reaction to news that the Apple CEO had returned to work appeared muted. Apple shares closed at $142.43 at close of trading Tuesday, 46 cents up from the previous day's close. They were actually down from Monday's open of just under $144.
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Saturday - June 27, 2009
Yahoo Chief Executive Carol Bartz echoed the turnaround promises of her predecessors as she presided over the first shareholder meeting since her hiring, yet she left little doubt the slumping Internet company's new boss isn't the same as the old bosses. Like Terry Semel did in 2007 and Jerry Yang again last year, Bartz assured shareholders Thursday that she will polish Yahoo's tarnished brand.
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Friday - June 26, 2009
Palm continued to hemorrhage money in the fourth quarter of its fiscal 2009. For the quarter that ended May 31, the firm's net loss totaled more than $91.5 million. However, the figures it revealed Thursday represent the months just ahead of Palm's release of the Pre. Palm's latest smartphone sold 100,000 units in its first weekend on shelves, according to partner carrier Sprint.
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Friday - June 26, 2009
Shares of e-commerce software service provider Digital River rose nearly 5 percent in afternoon trading after a JMP Securities analyst upgraded the stock to "Market Outperform" from "Market Perform," citing strong business fundamentals and strength in the company's digital download service business.
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Wednesday - June 24, 2009
Software maker Oracle's results for its latest quarter topped Wall Street's forecast Tuesday, despite a 5 percent drop in sales and a 7 percent decline in profit. The company blamed the declines on the effects of a stronger dollar -- which makes deals done in other currencies translate into fewer greenbacks. Companies also have been shelling out less for new software because of the recession.
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Wednesday - June 24, 2009
Are concerns about Steve Jobs are impacting Apple's share prices? Apple's share prices have been slipping since it was learned over the weekend that the company's CEO may have had a liver transplant. Trading in Apple shares was volatile on Tuesday, with prices changing by the minute.
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Tuesday - June 23, 2009
Once again, the technology mediasphere is engrossed with Apple CEO Steve Jobs' health, and the questions are ricocheting off the virtual walls: What did Apple know? When did it know it? What is it legally obliged to reveal? This latest round of speculation was prompted by a weekend Wall Street Journal report revealing that Jobs had a liver transplant in April.
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Monday - June 22, 2009
News-wise, it's been a big weekend for Apple. First came reports that its ailing CEO, Steve Jobs, recently underwent liver-transplant surgery. On the heels of that news, the world learned that sales of the new iPhone 3G S have passed the 1-million mark. Whether investors remain confident in Apple's strength despite Jobs' illness remains to be seen.
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Wednesday - June 17, 2009
Though the market in general has suffered this week, Apple's shares have stayed relatively stable. At market close Tuesday, they stood at $136.35, up 26 cents for the day. However, that's a loss over last week -- last Tuesday, they closed at $143.05, down by $1.13 from the previous day's close.
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Wednesday - June 10, 2009
The climb in Apple's share prices seems to have leveled as the company's Worldwide Developers Conference, being held in San Francisco this week, continues. At the event's keynote presentation, Apple was on a tear, possibly in a bid to terrify and crush the competition. It introduced new iPhone hardware and set a June 17 release date for upcoming iPhone OS 3.0 software.
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