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Why Lenovo was hot for Motorola

Written By limadu on Kamis, 30 Januari 2014 | 04.32

Chinese tech company Lenovo has announced two major purchases in recent weeks. HONG KONG (CNNMoney) The acquisition -- from Google -- is the largest ever by a Chinese tech company, and represents an ambitious departure for Lenovo. The firm is...
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Stocks could stabilize on earnings, data

Click chart for in-depth premarket data. NEW YORK (CNNMoney) U.S. stock futures were edging slightly higher ahead of the opening bell, though global markets were predominantly in the red. Investors are watching international developments...
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New ammo packs 3 shots into one bullet

LAS VEGAS (CNNMoney) So he invented the Multiple Impact Bullet, a unique new round that, upon firing, splits into several fragments connected by ballistic-strength fiber. The fiber holds the shrapnel together in a Y-shaped pattern, which makes...
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Flipagram photo app tops the charts

Written By limadu on Rabu, 29 Januari 2014 | 04.32

NEW YORK (CNNMoney) Flipagram allows you to select multiple photos from your phone and create a short slideshow. Instead of just capturing a single moment through one photo, the creators of Flipagram see it as a way for users to tell stories with...
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Microsoft is about to take Windows XP off life support

Microsoft will end official support for the 12-year-old Windows XP on April 8. NEW YORK (CNNMoney) You wouldn't think that killing off an operating system that debuted in the first year of the Bush administration would ruffle too many feathers....
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From dog toys to software -- seriously!

Lettuce cofounders Raad Mobrem (left) and Frank Jones (right), with one of their employees (seated). NEW YORK (CNNMoney) Raad Mobrem did. Cofounder and CEO of Lettuce, a Los Angeles-based firm that makes inventory management software, he started...
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India hikes rates amid market volatility

Written By limadu on Selasa, 28 Januari 2014 | 04.32

India's central bank raised a key interest rate to 8% Tuesday. HONG KONG (CNNMoney) The quarter-point rate increase was not expected by economists and comes amid an increasingly gloomy and volatile outlook for some emerging markets. It was the...
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China's $500 million shadow bank rescue

China appears to have avoided a high-profile default that would have cost investors millions. HONG KONG (CNNMoney) That's the question being asked in China, where the murky rescue of a high-yield fund appears to have prevented a default that...
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Stocks look to earnings, emerging markets

Click on chart to track premarkets NEW YORK (CNNMoney) U.S. stock futures were mixed ahead of the open, with the Nasdaq pointing down while the Dow Jones industrial average and S&P 500 were indicating a positive start to the day. Earnings...
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Stocks: Set for a positive start

Written By limadu on Senin, 27 Januari 2014 | 04.33

Click chart for in-depth premarket data. NEW YORK (CNNMoney) U.S. stock futures moved higher, with the S&P 500 rising 0.2% ahead of the open. Global markets remained under pressure. Last week was a rough week for U.S. stocks. The Dow...
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Sony downgraded to 'junk'

Moody's is concerned that Sony will not be able to maintain the profitability levels it had experienced years ago. LONDON (CNNMoney) Shares in Sony (SNE) dipped by 3% in Japan as most Asian markets experienced significant losses Monday. Moody's...
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2015 Honda Fit: The secret star of the Detroit auto show

The 2015 Honda Fit NEW YORK (Fortune) As for the Fit, it is a four-door subcompact hatchback in a market that reserves its enthusiasm for big displacement engines and sport coupe styling. Americans bought only 53,513 in 2013 (Ford (F, Fortune...
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Buckle up! 2014 will be a bumpy ride

Written By limadu on Minggu, 26 Januari 2014 | 04.32

BlackRock CEO Laurence Fink: "I hear way too much optimism going forward -- we're going to be in a world of much greater volatility." Davos, Switzerland (CNNMoney) Financial experts at the World Economic Forum in Davos were cautiously optimistic...
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Michaels stores: Possible data 'attack'

The country's largest crafts chain said Saturday it learned recently of 'possible fraudulent activity' on some customer payment cards, suggesting there may have been a breach. NEW YORK (CNNMoney) Michaels said Saturday that it learned recently...
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Weather Channel-DirecTV blackout: No end in sight

TV channel owners and distributors usually haggle in private. But the dispute between the Weather Channel and DirecTV underscores how contentious the negotiations can become. NEW YORK (CNNMoney) On Friday, DirecTV Chief Executive Mike White published...
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Sony gets rights to Sandberg's 'Lean In'

Written By limadu on Sabtu, 25 Januari 2014 | 04.32

Sony Pictures has acquired the film rights to Sheryl Sandberg's book "Lean In." NEW YORK (CNNMoney) Sony Pictures confirmed that it has acquired the rights to make the Facebook (FB, Fortune 500) COO's book into a movie. Published in March...
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Nissan spanked over fake dune-climbing ad

NEW YORK (CNNMoney) So Nissan and its advertising agency have entered into a proposed settlement with the Federal Trade Commission over charges of deceptive advertising. Neither Nissan (NSANF) or its advertising agency, TBWA Worldwide, will pay any...
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Sam's Club laying off 2% of workers

Sam's Club will lay off 2% of its workforce. NEW YORK (CNNMoney) That's 2% of the workforce for the wholesale club chain, which has nearly 600 locations in the United States. A little less than half of the employees affected are assistant...
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Want to boost sales? Start exporting

Written By limadu on Jumat, 24 Januari 2014 | 04.32

Half of Air Tractor's business comes through exports, which has allowed the Onley, Texas, firm to be a key employer in a town of 3,000. NEW YORK (CNNMoney) "If I'm a U.S. small business, why would I want to target only 5% of the market and not...
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Carl Icahn gives Apple the world's most obvious product advice

Carl Icahn has ideas about how Apple should spend its money, but now he thinks he knows what it should make next. NEW YORK (CNNMoney) Sounding more like an overeager teenager than a seasoned money man, Icahn issued an open letter to Apple (AAPL,...
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7 setbacks for the middle class

NEW YORK (CNNMoney) Sure, a recovery has been underway for most of his presidency, but it's still slow and uneven. And despite Obama's focus on the middle class, the improvement so far has largely benefited corporations and the ultra-rich. Whether...
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Stocks: Dow poised for more losses

Written By limadu on Kamis, 23 Januari 2014 | 04.32

Click on the chart for more premarket data. NEW YORK (CNNMoney) U.S. stock futures were broadly weaker, with the Dow Jones industrial average and the S&P 500 losing ground, while the Nasdaq inched higher. That follows Wednesday's mixed...
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Immigration reform? There's an app for that

In an effort to promote immigration reform, tech-back advocacy group FWD.us launched Push4Reform, an app aimed at helping supporters connect with Congress. NEW YORK (CNNMoney) Push4Reform gathers information about members of Congress and their...
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Hardest part of being the boss: Firing people

Binfire cofounder David Robins (center) with members of his team and the office dog Yoyo. NEW YORK (CNNMoney) Robins speaks from experience. Cofounder of Binfire, which makes collaborative project-management software, Robins has let three key...
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These colleges will pay your student loan bills

Written By limadu on Rabu, 22 Januari 2014 | 04.32

Michigan-based Spring Arbor University has seen enrollments increase since it started offering to the loan repayment program. NEW YORK (CNNMoney) Known as a loan repayment assistance program, the colleges offer to pay undergraduate student's...
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Marissa Mayer calls for more NSA transparency

Yahoo CEO Marissa Mayer is calling on the U.S. to provide more transparency about its data collection. Davos, Switzerland (CNNMoney) Mayer said that revelations about government snooping have hurt her company, and that Yahoo now wants "to be...
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Apple's iconic '1984' spot: Behind the scenes

The Orwellian proles in Apple's "1984" ad were played by London skinheads, says ad exec Fred Goldberg. NEW YORK (CNNMoney) The commercial was directed by Ridley Scott, who'd already released "Alien" in 1979 and "Blade Runner" in 1982. "The...
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