Facebook shares reach all-time low

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Facebook's stock prices reached an all-time low on Tuesday's trading, having declined 43% since their initial availability in May. Stocks were trading at just over $20 on the markets during the day.

Nokia CTO takes "leave of absence"

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Nokia’s chief technology officer has decided to take a leave of absence and will be temporarily replaced by the head of the company’s research center. According to the New York Times, Richard Green has taken the...

Mobile phone market shows fluctuations

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We are all aware that the raging race between mobile phone manufacturers is getting fiercer day by day. A large number of devices are flooding all of the price ranges. The worldwide market shares are...

Apple Shares Fall on Forecast for Quarter

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Apple Inc. blew past Wall Street's bullish expectations in the first quarter with a 57 percent jump in profit, but a dramatically lower forecast sent shares plunging on fears about slowing consumer spending on electronics....

Dell Shares Fall on Earnings Report

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Shares of Dell fell nearly 13 percent Friday as investors took a pessimistic view on plans to reignite the computer maker's fortunes with a strategy that could lower profits in the short term. Shares tumbled...

Nintendo shares soar to record high

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Shares of Nintendo hit a record high yesterday on the Tokyo stock exchange--briefly reaching 64,800 yen ($555) before closing up 2.7 percent at 64,300 yen ($551). The surge followed a report from Goldman Sachs which...

RIM shares rise on Microsoft takeover rumour

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Shares of Research In Motion Ltd. are climbing on rumours that the BlackBerry maker may be bought by software giant Microsoft Corp. RIM shares set a new trading record by rising as high as $89.68...

Microsoft Shares Draft of Vista Security Hooks

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In response to earlier Symantec and McAfee complaints and 2 months after a promise to deliver, Microsoft has issued a first draft of programming interfaces for kernel protection features in the 64-bit version of Windows...

Microsoft Rumour Knocks Apple Shares Down

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Microsoft has confirmed a report made by Cnet that they intend to start a subscription based online music service. "We are actively investigating the subscription model," a Microsoft spokeswoman said. Christine Andrews, product manager in...

eBay Execs Who Got IPO Shares to Pay $3 Million

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EBay Inc. said on Thursday its chief executive and two early leaders will pay $3 million to settle a shareholder lawsuit alleging they received shares in hot stock offerings from their investment bankers. EBay CEO...

Update : Google shares surge

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Google shares are currently up ~$16 per share to $100, an increase on the revised opening price ($85) of ~20%. Forbes talked to Barry Randall, portfolio manager for the First American Technology...

Nvidia shares sink on poor earnings

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Shares of graphics chip maker Nvidia tumbled 35 percent Friday after the company's second-quarter earnings disappointed Wall Street. The setback comes as the Santa Clara company faces increased competition from arch rival ATI...

Google May Have Illegally Issued Shares

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Google Inc. may have illegally issued more than 23 million shares of its stock to hundreds of employees and consultants, injecting an unexpected legal risk into the online search engine leader's highly anticipated IPO. ...

Argonaut shares fall on profit warning

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British independent developer Argonaut Games has seen its share price fall by almost 25 per cent today in the wake of a profits warning, issued this morning, which downgraded the firm's full year guidance to...

After Sales Forecast, Red Hat Shares Soar

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Red Hat said Thursday that its second quarter fiscal 2004 results show that its business is continuing to thrive despite attacks by SCO Group on Linux, though it is not unaffected. "We're...

SCO Shares Linux Code

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Company claims it can prove source code was directly copied from Unix. The SCO Group is taking its case against the Linux operating system and IBM on the road. Last...

Sun Microsystems Shares Rise on Takeover Talk

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Shares of Sun Microsystems Inc., which makes computers that run networks, rose more than 5 percent on Friday as takeover speculation emerged yet again, analysts said. "This sounds a lot more like takeover...

Adobe Shares Drop 30 Pct After Warning

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Shares of Adobe Systems Inc. plunged almost 30 percent on Thursday, sliding to their lowest level since May 1999, a day after the publishing software maker cut its third-quarter earnings outlook. Shares...

Intel Shares Tumble on Lowered 2nd-Quarter Guidance

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Shares in Intel Corp., the world's largest microchip maker, tumbled nearly 20 percent on Friday, a day after the company cut its second-quarter revenue outlook beyond investor expectations, dimming hopes for a recovery in the...

Cisco shares surge after earnings report

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Shares of Cisco Systems Inc. surged more than 18 percent Wednesday after the network equipment maker reported higher third-quarter profits that were ahead of expectations. Investors drove up the shares despite executives' cautious...

Case buys 1M AOL shares

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AOL Time Warner Inc. Chairman Stephen Case earlier this week bought 1 million common shares in his firm, the world's largest Internet and media company, according to a U.S regulatory filing made public on Friday....

Bill Gates sells a LOT of shares

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OK, I have to give a grand thank you to Joe for this one... Bill Gates, from the start of the year, has sold close to 48,130,000 of MSFT stock, netting...

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