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RIM Curls Up as BB10 Salvation Fades Into the Distance June 29, 2012 
Research In Motion reported quarterly results that fell below investors' already meager expectations Thursday, adding that it plans thousands of further layoffs as well as another delay to the release of its BlackBerry 10 platform. RIM announced a $518 million net loss on the quarter, or about 99 cents per share.
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SEC Lowers the Boom on Falcone June 28, 2012 
In what could prove to be the final lights out for near-defunct LTE mobile network startup LightSquared, the SEC on Wednesday filed charges against hedge fund manager Philip Falcone, along with his Harbinger Capital Partners fund and its former CEO Peter Jenson. The charges include misappropriation of funds, market manipulation, and preferential treatment for favored investors.
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Banished Best Buy Founder Plots to Reclaim Throne June 28, 2012 
Best Buy founder Richard Schulze is exploring a private takeover of the electronics retail chain, according to a recent report. Schulze is the largest company shareholder with about a 20 percent stake in Best Buy. He has reportedly conducted discussions with Wall Street banks to determine the best strategy for a buyout but has met resistance from the company's board of directors.
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Congressional C'tee Questions IPO Regs in Wake of Facebook Flop June 27, 2012 
Facebook's initial public offering in May was a disaster. The question now is how much of the fiasco can be laid at the feet of Nasdaq and how much, if at all, on the IPO process itself? Or for that matter, on Facebook. Those questions were points of debate at a Tuesday hearing of the U.S. House Oversight and Government Reform Committee.
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Apple Changes Its OS X Security Tune June 27, 2012 
Apple has changed the wording on its website regarding the security of its OS X operating system. The company used to boast that OS X didn't get the "thousands of viruses plaguing Windows-based computers." Recently, however, that was changed to read "It's built to be safe." The site then outlines some of the ways in which its newest version of the operating system is designed to combat attacks.
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Microsoft Gives Hardware Partners Some Hard Knocks June 23, 2012 
Microsoft's slow crawl to the tablet market is nearly at an end. It's designed the interface of its next operating system, Windows 8, to be easy to use on tablets as well as desktops. It's created a special version, Windows 8 RT, especially for mobile ARM-based devices. It's even shoved out multiple free preview versions of the upcoming OS.
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Is Facebook Flatlining? June 23, 2012 
2012 is not shaping up to be a good year for Facebook. There was its disaster of an IPO, of course. Also, a number of reports have been turning out that illustrate one or another of Facebook's weaknesses. The latest is from comScore, which reported Facebook's U.S. user numbers for May. Compared to its traffic
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Yahoo, Facebook Patent Case May End Without Fireworks June 22, 2012 
A brewing patent dispute between Yahoo and Facebook may wind up being settled outside of the courtroom, according to court filings made this week by Yahoo's attorneys in the U.S. court for the Northern District of California, in which they also sought extensions to other filing deadlines. The two companies are engaged in settlement negotiations, the filing said, adding that an extension might facilitate this process.
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Facebook Slowly Scrubs Off the Stink June 21, 2012 
Facebook shares are rallying after their post-IPO slump, climbing 22 percent over the past two weeks. Besides a slight downturn on Wednesday, the stock has slowly climbed closer to its initial value of $38 on May 17. After its botched opening, the stock had fallen by as much as 32 percent to $25.52.
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Is Keynesian Economics Relevant Today? June 21, 2012 
How many of us still remember John Maynard Keynes? Keynes, also called "1st Baron Keynes," was a British Economist who lived from 1883 to 1946. He has had a profound influence upon macroeconomics, including the economic policies of various governments. Keynes believed in applying monetary and fiscal policies to lessen the deleterious effects of both recessions and depressions.
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Will iPad Scratch the Surface, or Vice Versa? June 20, 2012 
Despite Android device makers' best efforts, Apple has ruled the tablet market for years with its iPad line. But one of the company's oldest rivals will soon come knocking, and this week it showed off just how it plans to enter the tablet scene. Microsoft's Windows 8 operating system will be built with tablets in mind -- that much has been known for many months.
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Groupon Basks in Morgan Stanley's Praise June 19, 2012 
Morgan Stanley upgraded Groupon to "overweight" from "equal weight" causing the daily deal company's stock shares to jump by as much as 13 percent. The reason for Morgan Stanley's apparent change of heart is a shift in the competitive landscape. Daily deal clones are still coming to market, but there is no evidence they are gaining any significant traction.
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SEC's Pre-IPO Facebook Queries Fuel Monday Morning Quarterbacking June 16, 2012 
In the weeks running up to Facebook's initial public offering on May 17, correspondence between the Securities and Exchange Commission and the social media giant flew fast and furious. The government agency had a number of questions about Facebook's business model that it felt were not adequately addressed in its S-1 filing early in the year, according to documents just made public.
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Zynga Heads for Pitsville June 13, 2012 
Zynga's share price dropped to a record low after an analyst's research note revealed that its usage declined in May due to players migrating to mobile platforms. At close of business on Tuesday, the stock had dropped to $4.98 per unit, the lowest level since its December initial public offering at $10 per share.
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WWDC: New Friendships Forged, Old Bonds Broken June 13, 2012 
Apple executives once again took the stage this week to show off the company's new software and hardware initiatives at its annual Worldwide Developers Conference. This was the first time CEO Tim Cook took the helm at a WWDC keynote. He and other company executives presented conference-goers with a first look at Apple's upcoming version of iOS.
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Nasdaq Stewpot Coming to a Boil June 11, 2012 
On May 18, the day social media giant Facebook went public, Nasdaq CEO Bob Greifeld was flying high. However, it wasn't from anticipation that the social network would see sky-high levels of trading -- it was because Greifield was on plane flying across country. However, his business-class seat apparently provided no phone or Internet access.
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Best Buy or Best Sell? Departing Founder Weighs Options June 08, 2012
Best Buy Founder and Chairman Richard Schulze announced Thursday he is leaving the company immediately and plans to explore all available options for his 20.1 percent ownership stake in the electronics retail chain. His departure comes two months after former CEO Brian Dunn left the company under a cloud of scandal and as the retailer faces increased competition from online sellers and discount vendors.
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Apple and Facebook - Relationship Status: Flirty June 06, 2012 
Apple may be forming a close friendship with Facebook as the iPhone maker develops its next-generation mobile OS, judging by a comment from Apple CEO Tim Cook at the recent D: All Things Digital conference. Taking the stage for a public interview at the event, Cook was asked about Facebook integration in iOS 6, the presumed name for the next version of Apple's mobile operating system.
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Facebook May Swell Its Ranks With Young 'Uns June 05, 2012 
Facebook is exploring ways to include children younger than 13 years of age as members of its social network, according to The Wall Street Journal. To that end, it is working on developing technology that would allow tweens to be active on the site under parental supervision. Facebook's move in this direction -- if it is indeed going down this road -- is understandable.
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Facebook Fiasco a Bigger Lesson for IPOs Than Early-Stage Startups June 05, 2012 
The fallout from Facebook's May IPO continued Tuesday as venture capitalist Paul Graham of Y Combinator warned Silicon Valley startups that they may be in for a stretch of hard times. In a letter, Graham states that a prominent investor he knows seems sure that the bad performance of the Facebook IPO will hurt the funding market for early-stage startups.
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