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Google

  • Music Streaming First Salvo in Battle to Dominate Cloud-Based Computing

    Quarterly Report / Technology / Top News2
    • By , Associate Editor, Money Morning  -   April 10, 2011
    Cloud-based computing is shaping up to be a major battleground in the U.S. high-tech sector for the rest of this year, as companies compete to deliver such services as music streaming to consumer-based mobile devices.

    And it figures to be a true clash of titans, with such high-tech heavyweights as Amazon.com Inc. (Nasdaq: AMZN), Apple Inc. (Nasdaq: AAPL), Google Inc. (Nasdaq: GOOG) and Microsoft (Nasdaq: MSFT) serving among the major combatants.

    And music is just the beginning.


  • Google

  • Hot Stocks: Google Inc. (Nasdaq: GOOG) Spreads Beyond Search With Groupon Bid
    Hot Stocks / Technology1
    • By , Associate Editor, Money Morning  -   December 2, 2010
    Google Inc. (Nasdaq: GOOG) is gunning for even greater Web dominance in 2011 by announcing an aggressive move in the online advertising industry, as well as a game-changing entrance into the rapidly growing e-book market.

    Google is close to sealing a deal to buy online coupon company Groupon for $5.3 billion, according to people familiar with the matter. This would be Google's biggest purchase to date. The two-year-old Groupon's popularity has skyrocketed since its November 2008 start, making it a target for Internet companies wanting a stronger hold on local advertising.

    "This would basically get Google the feet on the street for what they would never build themselves," Jason Helfstein, an Oppenheimer & Company (NYSE: OPY) analyst, told The New York Times.


  • Verizon iPhone On the Way – But Not Before Christmas
    Technology22
    • By , Contributing Writer, Money Morning  -   November 23, 2010
    Apple Inc. (Nasdaq: AAPL) will escalate the war for smartphone dominance in early 2011 by releasing a new version of its iPhone to run on the popular Verizon Wireless (NYSE: VZ) network, the biggest U.S. carrier by subscribers.

    However, the phone won't make it out in time for the Christmas season, as many had hoped.

    Apple will be ramping up to mass produce the new touchscreen handset by the end of 2010 and release it in the first quarter of 2011, people familiar with the matter told The Wall Street Journal. While the phone would be similar to the iPhone 4 sold by its current carrier, AT&T (NYSE: T), it would be based on an alternative wireless technology used by Verizon, the people said.

    The Verizon iPhone will mark the end of AT&T's agreement with Apple that gave the telecommunications giant exclusive rights to market and sell the handset since 2007, when Apple Chief Executive Steve Jobs introduced the original iPhone.

    Verizon has been testing its networks and capacity to handle the heavy data load by iPhone users, seeking to avoid the kind of bad publicity that plagued AT&T after booming sales of data-hungry iPhones crippled its network.


  • Hot Stocks: Windows Phone 7 Will Give Microsoft a Boost
    Don Miller / Hot Stocks / Stocks / Technology / U.S. Economy2
    • By , Contributing Writer, Money Morning  -   October 26, 2010
    Microsoft Corp. (Nasdaq: MSFT) has unveiled a lineup of smartphones that use its revamped Windows Phone 7 mobile-operating system in its boldest move yet to return to prominence in the mobile business.

    The new operating system, which it spent two years developing, is the software giant's latest assault on the crowded smartphone market, where it has struggled to gain a foothold.

    Microsoft's earlier mobile software was based on the design and interface of Windows desktop operating system. Although those phones showed early promise, the system's growth slowed dramatically as the company was upstaged by competitors like Apple Inc.'s (Nasdaq: AAPL) iPhone and Google Inc.'s (Nasdaq: GOOG) Android software.


  • The Bright Future for Cloud Computing is Becoming Much Clearer
    Technology8
    • By , Managing Editor, Money Morning  -   September 23, 2010
    The cloud computing industry has yet to fully take off, but for an indication of its potential, look at the players getting involved.

    Microsoft Corp. (Nasdaq: MSFT), Hewlett-Packard Co. (NYSE: HPQ), Oracle Corp. (Nasdaq: ORCL), Google Inc. (Nasdaq: GOOG), and Amazon.com Inc. (Nasdaq: AMZN) - the biggest names in the tech sector - are all racing to take the lead in this burgeoning industry.

    So what's all of the excitement about?


  • Nokia Needs More Than New CEO Stephen Elop to Reverse Its Steep Market Decline
    Technology / Telecommunications
    • By , Associate Editor, Money Morning  -   September 13, 2010
    Nokia Corp. (NYSE ADR: NOK) on Friday announced it was replacing its chief executive with Microsoft Corp.'s (Nasdaq: MSFT) Stephen Elop, in an effort to reverse its steep decline in the U.S. smartphone market.

    The world's largest mobile phone maker said Chief Executive Officer Olli-Pekka Kallasvuo will step down and Elop, head of Microsoft's business software unit, will take the reins Sept. 21. The move represents a drastic shift for Nokia, which until Canadian Elop had never hired a non-Finnish executive for the top spot. But the company needs a strategy and management overhaul to compete in the profitable future of smartphones.

    The move should appease Nokia's frustrated investors who have watched its market value slip 70% in the past three years as Apple Inc.'s (Nasdaq: AAPL) iPhone, Research in Motion Ltd.'s (Nasdaq: RIMM) BlackBerry, and phones using Google Inc.'s (Nasdaq: GOOG) Android platform stole the smartphone spotlight.


  • Google-Verizon Deal Could Spell the End of "Net Neutrality"
    Don Miller / Telecommunications / Top News3
    • By , Contributing Writer, Money Morning  -   August 9, 2010
    A proposed agreement between Google Inc. (Nasdaq: GOOG) and Verizon Communications Inc. (NYSE: VZ) could spell the end of "net neutrality," and have smartphone users seeing red instead of their favorite videos.

    The arrangement, which has yet to be unveiled, would allow Verizon to charge content providers more to give their services priority on its network, the Financial Times reported, citing people familiar with the plan.

    News of the agreement spread like a virus on Thursday, when the Federal Communications Commission (FCC) called off industry-wide talks, saying it had failed to reach an agreement on a "robust framework to preserve the openness and freedom of the Internet."


  • Google's Android an iPhone Killer?
    Technology16
    • By , Contributing Writer, Money Morning  -   August 5, 2010
    The struggle for dominance in the smartphone market is heating up and Google Inc.'s (NASDAQ: GOOG) Android operating system for handsets appears to be winning the war against Apple Inc.'s (Nasdaq: AAPL) iPhone system.

    When Apple debuted the iPhone 4 on June 24 it broke sales records. In the first three days, the company sold 1.7 million devices in the United States, the United Kingdom, Japan, France and Germany, the most for any version of its top-selling product.

    But the popular device has been plagued by misfortune - including the suicide of a Chinese worker, lost prototypes, reception problems, and an inauspicious introduction to the press and public when Chief Executive Steve Jobs could not get the phone to connect to the Internet.


  • Google Hangs On To China, but It's Too Late to Make up Profit Losses
    Technology / Top News
    • By , Associate Editor, Money Morning  -   July 11, 2010
    Google Inc. (Nasdaq: GOOG) announced Friday that China renewed its Internet license to operate a Web site, but the previous months of tension have already damaged Google's chance at mainland profitability.

    Google's chief legal officer David Drummond posted the announcement on the company's blog Friday morning.

    "We are very pleased that the government has renewed our ICP license," Drummond wrote, referring to Internet content provider license. "And we look forward to continuing to provide Web search and local products to our users in China."

    The license renewal should dissipate - at least, temporarily - months of tension that started earlier this year when Google claimed China was the source of cyber attacks on its databases and user e-mail accounts. Then the company said it would stop censoring search results in compliance with China's government regulations. China prohibits Internet users from accessing offensive and politically controversial material.


  • Will Extreme Volatility Actually Stabilize the Markets?
    Stocks / U.S. Economy9
    • By , Contributing Writer, Money Morning  -   May 24, 2010
    Stocks tumbled across the board last week like a pair of dice rumbling around a craps table, rocked by extreme volatility. Just when it looked like they were rolling up the unnerving loss of the critical 200-day average on Thursday, bulls' returned to the fray and pushed the major indexes just barely back into safe territory.

    But is the market really safe? It's currently at the bottom of its multi-week range, so this is the time to get bullish again if you think the range will remain in force. The S&P 500 Index actually touched its February 2010 low on Friday before rebounding, which will give all the range-traders a green light.

    Click Here to Find Out What Last Week's Extreme Volatility Means for the Markets...