Home » Archive for July, 2010
Apple (NASDAQ: AAPL) iTunes Store Accounts Hacked by Vietnamese Developer
A rogue Vietnamese developer, Thuat Ngyugen, has reportedly hacked into Apple (NASDAQ: AAPL) iTunes accounts and gamed the “Books” category of the App Store in an effort to artificially inflate the ratings and sales for his book... More of this article »
Google (NASDAQ: GOOG) Fixes YouTube Cross Site Scripting Vulnerability
Google (NASDAQ: GOOG) has fixed a flaw on YouTube which allowed hackers to bombard users with pop-up messages and redirect unsuspecting users to adult websites. Malfeasants placed their carefully-crafted code into the comments section... More of this article »
Citigroup, Inc (NYSE: C) Keeps South Korea out of World Government Bond Index
South Korea has failed to meet the qualifications to participate in Citigroup’s World Government Bond Index (WGBI) this year. A committee from Citigroup, Inc (NYSE: C) informed the Korean Ministry of Strategy and Finance of the... More of this article »
Developer Brings Adobe’s Flash (NASDAQ: ADBE) to the Apple (NASDAQ: AAPL) iPad
A developer has successfully gotten a mobile version of Adobe’s (NASDAQ:ADBE) Flash technology working on the Apple (NASDAQ: AAPL) iPad and iPhone. In order to make use of the newly hacked-up version of Flash for the iPad, you’ll... More of this article »
Ford Motor Co. (NYSE: F) Begins Figo Exports to South Africa
Ford Motor Co. (NYSE: F) announced on Monday that it has set aside 1,200 of its Figo compact cars to be exported from India to South Africa, suggesting that India is an increasingly important part of Ford Motor Co. (NYSE: F)’s global... More of this article »
General Electric Co. (NYSE: GE) CEO Says China Comments Taken Out of Context
General Electric Co. (NYSE: GE) said on Thursday that comments made by CEO Jeffrey immelt have been taken out of context after the Financial Times quoted him criticizing President Obama and China during a private discussion. “The... More of this article »
Citigroup, Inc (NYSE: C) Considering Shuffling Proprietary Traders
Citigroup, Inc (NYSE: C) is considering moving roughly two dozen proprietary traders onto desks that trade with the company’s clients, according to a Monday report from the Wall Street Journal citing anonymous sources. A number of... More of this article »
Microsoft Corp (NASDAQ: MSFT)’s Internet Explorer Usage Share Increases
Microsoft Corp (NASDAQ: MSFT)’s Internet Explorer has reversed a multi-year decline in its browser usage, at least for the month of June. Internet Explorer’s usage increased from 59.8% to 60.3% according to new statistics from... More of this article »
General Electric Co. (NYSE: GE) Eyes for Growth in Saudi Arabia
General Electric Co. (NYSE: GE) Hopes to make Saudi Arabia a manufacturing hub in the Islamic world as the company seeks to build its revenue from last year’s total of $3 billion. General Electric Co. (NYSE: GE) is focused on building... More of this article »
Microsoft Corp (NASDAQ: MSFT) Sees Strong Demand for Xbox 360 Slim
Microsoft Corp (NASDAQ: MSFT) said that the Xbox 360 Slim that it introduced at E3 is a major hit at retail stores in a statement made on Friday. “We are hearing great feedback from retailers that the new Xbox 360 250GB is experiencing... More of this article »
Citigroup, Inc (NYSE: C) Says Africa Provides a “Sweet Spot”
Citigroup, Inc (NYSE: C) said that Africa’s population of 1 billion people is creating a new “sweet spot” for financial companies. “A lot of the demographics here in Africa are exactly what financial services institutions are... More of this article »
Microsoft Corp (NASDAQ: MSFT) Store Lists New Pricing for Kinect
Microsoft Corp (NASDAQ: MSFT) is listing its “Kinect” gaming system on the Microsoft Store for $149.99 available as a pre-order only, in line with previous rumors of the pricing of the device. This does not mean that official pricing... More of this article »
General Electric Co. (NYSE: GE) Takes Stake in 11 Idaho Wind Farms
General Electric Co. (NYSE: GE) is taking a majority stake in eleven wind farms in Idaho, a project worth almost $500 million according Exergy Development Group, who is selling the assets to General Electric Co. (NYSE: GE). Montana... More of this article »
Citigroup, Inc (NYSE: C) Mortgage Applications up 60% in 60 Days
Citigroup, Inc (NYSE: C) has seen mortgage applications increase by 60% during the last two months at its retail bank, according to a new report from the Wall Street Journal. Applications for jumbo mortgages, or mortgages that are... More of this article »
Bank of America Corp (NYSE: BAC) Seeks Growth in Australia
Bank of America Corp (NYSE: BAC)’s Merrill Lynch division has established a new Australia advisory board which will be led by former BHP Billiton Ltd. chairman Don Argus, according to a WSJ Report. Argus, a respected Australian business... More of this article »
General Electric Co. (NYSE: GE) Hires Energy Services Vice President
General Electric Co. (NYSE: GE) has announced the appointment of Eric Gebhardt as a senior general manager and vice president in G.E.’s Energy Services, a business within G.E.’s energy unit. Gebhard has previously held a number... More of this article »
Ford Motor Co. (NYSE: F) Setting Lincoln Brand Up For Turnaround
Ford Motor Co. (NYSE: F) recently won the “Best Turnaround of the Year” award, but the Detroit based automotive company’s luxury brand is still struggling. Traditionally, Lincoln has been one of the top profit earners since the... More of this article »
Bank of America Corp (NYSE: BAC)’s Countrywide Being Sued for Discrimination
Bank of America Corp (NYSE: BAC)’s Countrywide mortgage business is being sued by the state of Illinois for allegedly discriminating against Latino and Black borrowers, according to a report from Bloomberg. Illinois state attorney... More of this article »
Citigroup, Inc (NYSE: C) To Issue Second Quarter Earnings on July 16th
Citigroup, Inc (NYSE: C) will issue its second quarter earnings results via a press release at 8:00 PM ET on Friday, July 16th. The company will review the earnings results via a live webcast and teleconference at 11:00 AM ET. The... More of this article »
Google (NASDSAQ: GOOG) Purchases Travel Search Company
Google (NASDAQ: GOOG) has announced a $700 million acquisition of ITA software, which provides data for travel search engines. The deal announced on Thursday is one of the largest acquisitions that Google has attempted to make and... More of this article »
JPMorgan Chase & Co. (NYSE: JPM) Spent $1.5 Million in Q1 Lobbying
JPMorgan Chase & Co. (NYSE: JPM) spent more than $1.5 million lobbying the federal government during the first quarter on financial regulatory overhaul and mortgage lending. The company’s first-quarter lobbying spending was a... More of this article »
Apple (NASDAQ: AAPL) May Give Apple TV an iOS Overhaul
Apple (NASDAQ: AAPL) may overhaul its Apple TV product with a new model based on the iOS operating system which powers the iPhone and iPad, according to the New York Times. The anonymous sources that the NYT reported said that Apple... More of this article »
Ford Motor Co. (NYSE: F) Sees Boost in Mustang, Taurus and F-Series Sales
Ford Motor Co. (NYSE: F) saw a boost in the number of F-series trucks, as well as Taurus and Mustang cars during the month of June. Overall, Ford Motor Co. (NYSE: F) saw a 15% increase during the month of June but dropped 13% from... More of this article »