Τρίτη, 23 Αυγούστου 2011

Fwd: Technology Report: S&P upgrades Google stock days after "sell" view




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08/22/2011
News Good afternoon John
Hewlett-Packard has finally discovered the magic price point for its TouchPad tablet: $99. The tech giant announced the new low price for the 16 GB model of the recently discontinued device over the weekend, also dropping the price for its 32 GB version to $149. Retailers such as Best Buy, Staples and Walmart followed HP's lead by offering TouchPad fire sales of their own over the weekend.

The response: overwhelming. According to PC World, many retailers had sold out of the devices by mid-day on Saturday. By Monday morning, the TouchPad had climbed to the No.1 spot on the Amazon best-seller list for electronics. Expect the selling frenzy to continue this week: HP said on Monday it intends to deliver more of the tablets until the supply runs out. HP originally launched the smaller model with a $500 price tag, but reduced it to $400 soon after its July 1 release in an attempt to spur demand.

Separately, HP launched a new desktop on Monday, days after the technology company revealed that it might spin off the world's largest PC business -- part of a wrenching series of moves away from the consumer market, including killing the TouchPad. HP billed the new computer -- the HP Compaq 8200 Elite All-in-One Business Desktop -- as the "first all-in-one PC" aimed at corporate and public sector customers.

Is the patent arms race over in the mobile phone sector now that Google has announced it's buying Motorola Mobility Holdings? Reuters correspondents Poornima Gupta and Bill Rigby take a closer look in a new analysis: "The bubble in mobile phone technology patent values may just have popped. Now that Google has agreed to buy Motorola Mobility Holdings -- scooping up a trove of 17,000 phone-related patents to give itself some ground to defend its Android operating system -- the most motivated buyer looks to be off the market."

Skype is beefing up its mobile communications services. The Internet calling company said on Sunday it was buying GroupMe, a New York-based startup that lets people communicate in private groups over cellphones. Terms of the deal were not disclosed.
LATEST NEWS
S&P upgrades Google stock days after "sell" view
August 22, 2011 03:52 PM ET
SAN FRANCISCO (Reuters) - Recommendations to unload Google Inc stock are extremely rare on Wall Street. But the latest "sell" rating for the Internet company was so fleeting it existed for just three trading days. | Full Article
HP unveils new PC days after saying it exits unit
August 22, 2011 02:19 PM ET
SAN FRANCISCO (Reuters) - Hewlett-Packard launched a new desktop on Monday, days after the technology company revealed plans to spin off or sell its personal computer unit. | Full Article
Skype confirms pact to buy GroupMe
August 22, 2011 03:01 PM ET
PHILADELPHIA (Reuters) - Skype said on Sunday it agreed to acquire GroupMe, a New York-based start-up that provides mobile group messaging services. | Full Article
Analysis: Google/Motorola could be peak of patent price spike
August 22, 2011 12:49 PM ET
SAN FRANCISCO/SEATTLE (Reuters) - The bubble in mobile phone technology patent values may just have popped. | Full Article
Some of WikiLeaks' Bank of America data destroyed
August 22, 2011 01:53 PM ET
WASHINGTON (Reuters) - Some internal Bank of America files obtained by WikiLeaks have been destroyed, according to a former close collaborator of Julian Assange, the whistleblowing website's founder. | Full Article
BUSINESS NEWS
Bargain hunters tiptoe back but remain cautious
August 22, 2011 05:07 PM ET
NEW YORK (Reuters) - U.S. stocks ended slightly higher on Monday after four weeks of losses as investors hesitated to take big risks without a catalyst for buying. | Full Article
Brent crude slips as Libya oil restart eyed
August 22, 2011 05:01 PM ET
NEW YORK (Reuters) - Brent crude edged lower on Monday in choppy trading as investors hoped the process to restart oil exports from OPEC member Libya would begin soon as the country's six-month-old civil war neared an end. | Full Article
Exclusive: Goldman CEO hires high-profile attorney
August 22, 2011 05:14 PM ET
WASHINGTON (Reuters) - Goldman Sachs Chief Executive Lloyd Blankfein has hired Reid Weingarten, a high-profile Washington defense attorney whose past clients include a former Enron accounting officer, according to a government source familiar with the matter. | Full Article
Toshiba to boost industrial motor output for China: report
August 22, 2011 04:34 PM ET
(Reuters) - Toshiba Corp will increase production of industrial motors five times the current level by 2015 for the Chinese market, the Nikkei business daily reported. | Full Article
White House: Vacationing Obama working on economy
August 22, 2011 03:19 PM ET
VINEYARD HAVEN, Massachusetts (Reuters) - President Barack Obama has taken heat for taking a vacation when the U.S. economy is struggling, but aides are striving to make clear he is not neglecting the country's finances during his break. | Full Article
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