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Google

  • Google Unveils Another Surprise Twist in China Drama

    China / Jason Simpkins / Technology / Top News2
    • By , Managing Editor, Money Morning  -   March 22, 2010
    For the first time in two months there is a new development in Google Inc.'s (Nasdaq: GOOG) feud with China. The search engine today (Monday) began redirecting traffic from its China page, google.cn, to its uncensored Hong Kong page, google.com.hk.

    Google said the move is "entirely legal," and said it will continue research and development activities in China. Some market observers had expected Google to announce its total withdrawal from the country today, as the company's disagreement with Beijing had reached a standstill. But Google's new approach is another surprise development.


  • Google

  • Bulls Overcome Market Tug of War to Send Stocks off to Strong March Start
    Stock Exchange / Stocks / U.S. Economy
    • By , Contributing Writer, Money Morning  -   March 15, 2010
    Stocks rose briskly last week, resulting in a big week for the major market indexes. Weekly and monthly index charts improved, and such major U.S. stocks asThe Boeing Co.(NYSE: BA),Hewlett PackardCo. (NYSE: HPQ),American ExpressCo. (NYSE: AXP),Google Inc.(NASDAQ: GOOG),AppleInc. (AAPL), Goldman SachsGroup Inc. (NYSE: GS) and General Electric Co. (NYSE: GE) emerged from flat-lining or faltering price patterns on decent, if not outstanding, volume.

    Just two weeks ago, every one of the afore-mentioned stocks looked terrible, exhibiting intense apathy amid slow, grinding declines. Then the skies parted, and suddenly the sun is shining on these shares once again.

    That's why U.S. stocks are off to a strong March start - already up 4.1% from the end of February. And don't forget, a year ago at about this time (March 9, 2009), the market reached its nadir: The Standard & Poor's 500 Indexis up 69.98% since that time.

    Here's why the shift seems so abrupt. The markets are now in a tug of war between two forces:

    • On the plus side are good fourth-quarter earnings reports related to an improving economy.
    • On the negative side - as a friend at a major macro hedge fund described it last week - are "frigid winds blowing across the credit icebergs."
    To find out who’s winning the stock-market tug of war, please read on…
  • Buy, Sell or Hold: JDS Uniphase Corp. (Nasdaq: JDSU) Is Yet Another Rising Star in the Broadband Revolution
    Buy Sell Hold / Horacio R. Marquez2
    We keep getting good news with respect to the broadband revolution. If you have not read my prior posts, do not miss this special report on it. These developments are revolutionizing the tech world right now and we are at the very inception of an explosive and highly profitable trend.

    For starters, both the U.S. economy and the global economy are faring much better than most of the market expected. In fact, last Friday we saw February's retail sales blow away even the most optimistic forecasts. Sales excluding autos did particularly well, which is good news for Internet sales.

    We also saw Cisco Systems Inc. (Nasdaq: CSCO) launch its new "super-router” which is many times faster than existing devices. This will speed up network traffic, enabling faster video, teleconferencing and downloading. More traffic means more bandwidth, and that means more infrastructure.


  • Apple Goes "Island-Hopping" in its War Against Google
    Stocks / U.S. Economy1
    • By , Associate Editor, Money Morning  -   March 4, 2010
    Apple Inc. (NASDAQ: AAPL) on Tuesday took aim at rival Google Inc. (NASDAQ: GOOG) and its Android operating system by filing a patent-infringement complaint with the International Trade Commission (ITC) against smartphone manufacturer HTC Corp.

    Taiwan-based HTC is the largest maker of phones that use Google's Android operating system, such as the Nexus One. Apple involved the ITC in hopes of banning U.S. imports of HTC devices made with the technology in question. However, that filing was paired with a suit filed in federal court in Delaware that claimed infringement on 20 patents.

    "We can sit by and watch competitors steal our patented inventions, or we can do something about it. We've decided to do something about it," said Apple Chief Executive Officer Steve Jobs. "We think competition is healthy, but competitors should create their own original technology, not steal ours."


  • Profit From the Broadband Explosion With Cisco Systems Inc. (Nasdaq: CSCO)
    Buy Sell Hold / Horacio R. Marquez / Stocks / Technology / Telecommunications2
    Last Friday I unveiled my two most compelling stock ideas to the readers of my Money Map VIP trading service. They are the best ways to hop onto an exploding trend that I recently discovered and researched extensively - the exponential explosion in broadband traffic.

    To learn more about this broadband explosion - and the two top stock picks I isolated from my research - check out this new report. It's a huge issue - with the potential to cause the kinds of network breakdowns and outright outages that could cost the economy billions of dollars and that could even cost people their lives.

    In the course of my research, I discovered a third company that's perfectly positioned to benefit from this broadband paralysis. My conclusion: Cisco Systems Inc. (Nasdaq: CSCO) is going to see a lot of upside from this trend, too.


  • China Can Stonewall Google, but Its "Great Firewall" is Really a False Front
    Jason Simpkins / U.S. Economy1
    • By , Managing Editor, Money Morning  -   January 21, 2010
    China has been eager to portray itself as the winner in the recent global dustup with Internet-search giant Google Inc. (Nasdaq: GOOG). At the very least, however, China wants it made clear that it wasn't the loser.

    Experts quoted in such state-run media outlets as Xinhua and The People's Daily have derided Google for abandoning the largest and fastest-growing online community in the world, and forfeiting $400 million and $600 million in annual revenue.

    And while China's top officials have mostly avoided the topic, government spokesmen have defended the country's censorship practices as "consistent with international conventions."
  • What China Can Learn From its Dustup with Google
    China / Technology5
    • By , Managing Editor, Money Morning  -   January 14, 2010
    If you're keeping score in the contest between Google Inc. (Nasdaq: GOOG) and China's central government, you should be aware by now that everyone involved loses.

    • Google stands to lose anywhere from $400 million to $600 million in annual revenue, as well as a considerable foothold in the world's largest and fastest growing Internet community.
    • Chinese netizens lose access to a search engine that is vital to the free transportation of online information.
    • China's online market loses the innovation and competition that is unique to one of the world's most dynamic companies.
    • And Beijing has been robbed of the illusion that it has enough economic muscle to strong arm the West into playing by its rules.

  • Investment News Briefs
    Global Business Roundup / Investment News Briefs
    Alcoa Narrows Loss, Misses Estimates; Financial Services Fee Part of Obama's Budget Plan; China's Exports Grow For 1st Time in 13 Months; Google Slammed With Complaints on Nexus One Phone; Femsa Sells Beer Franchise To Heineken; IRS Set to Audit Harvard's Investments


  • Buy, Sell or Hold: Google Inc. Sure to Surprise After Adapting to New Technology
    Buy Sell Hold / Horacio R. Marquez2
    When Google Inc. (Nasdaq: GOOG) reports its fourth-quarter and full-year earnings on Jan. 21, the Internet search giant is poised to once again surprise Wall Street by beating expectations and reporting an increase in market share.

    It is awe-inspiring to think about what Google is and what it has accomplished in such a short period of time. Just this week, German Justice Minister Sabine Leutheusser-Schnarrenberger told the weekly magazine Der Spiegel that Google has already become a "giant monopoly" like Microsoft Corp. (Nasdaq: MSFT).

    Google invented the very best search engine and now it is reaping the benefits.


  • Investment News Briefs
    Global Business Roundup / Investment News Briefs
    With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world.

    Kraft Raises Cash Bid for Cadbury; Google Phone Sales Begin; Automakers See Strong U.S. Sales Gains; Whitney Slashes Goldman Forecast; Gulf Infrastructure Gets a Boost; Construction Collapse; IT Obstacle

    • Kraft Foods Inc. (NYSE: KFT) has agreed to sell its DiGiorno and Tombstone pizza brands to Nestle SA (OTC ADR: NSRGY) for $3.7 billion, using all the net proceeds from the sale to boost the cash portion of its offer for Cadbury PLC (NYSE ADR: CBY) . In related news, Warren Buffet's Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) voted against Kraft's offer to issue up to 370 million shares for the Cadbury acquisition, saying it would change its vote if the transaction doesn't "destroy value for Kraft shareholders." Berkshire's stake of more than 9% in Kraft makes it the food maker's largest shareholder. Nestle, meanwhile, formally took its name out of the running of any possible bidders for Cadbury in a terse statement.