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Investment News Briefs

By , Money Morning -

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. Yum Beats Estimates, Raises Forecast; Exxon Considering $4 Billion African Oilfield Stake; Phone Manufacturers Targeting iPhone; Worldwide Mobile Subscriptions To Hit 4.6 Billion; Costco Profit Down, Family Dollar's Up; ING […]

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"New Reality" For Newspaper Publishers Forces Search for New Revenue Streams to Tap Into

By , Associate Editor, Money Morning -

As traditional print media continues its steep declines in advertising sales and circulation, publishers are struggling to come up with new and creative ways to generate revenue. Ad revenues in the newspaper industry plunged 16.7% last year to $37.8 million, according to the Newspaper Association of America (NAA). The 2009 take is estimated to fall […]

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Google Joins Consortium Planning High-Speed Undersea Cable to Asia

By , Executive Editor, Money Morning -

By William Patalon III Executive Editor Money Morning/The Money Map Report When the telecommunications revolution was still in its infancy, it was the clickety-clack of the telegraph key that signified that information was being sent to a distant locale. But it was the construction of the transatlantic cable that really unleashed the first global telecom […]

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Tech Convention To Get First Glimpse of Google's Phone

By , Money Morning -

By Mike Caggeso Associate Editor Techies around the world will finally get a peek at Google Inc.'s (GOOG) long-anticipated Android mobile phone platform at the Mobile World Congress in Barcelona, Reuters reported, citing an unnamed source at the company.   The Internet search giant's highly anticipated wireless phone platform will be demonstrated by British chip designer […]

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Google Chimes in on Microsoft's Bid For Yahoo

By , Managing Editor, Money Morning -

By Jason Simpkins Associate Editor Google Inc. (GOOG) didn't waste any time before weighing in on Microsoft Corporation's (MSFT) takeover bid for Yahoo! Inc. (YHOO). Google officials lashed out against Microsoft's supposed motives yesterday [Monday], and even offered to help Yahoo! rebuff the takeover through a partnership of its own. "While the internet rewards competitive […]

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Google’s Stock Eclipses 600, Analysts Already Calling for 700

By , Money Morning -

Alphabet stock By Mike Caggeso Staff Writer Shares of search-engine Google Inc. (GOOG) leaped over the $600 mark for the first time Monday, peaking at $623 yesterday (Tuesday), before closing at $615. Google hit this new high-water mark less than three weeks after Money Morning featured a story about analyst and media writer Paul R. La Monica, […]

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Google Studies High-Speed Undersea Cable to Asia

By , Money Morning -

From Staff Reports In a move that highlights both Google Inc.'s ambitious global vision - and the massive infrastructure investments required to make that vision a reality - search-engine giant Google Inc. (GOOG) is in early discussions to invest in a group looking to lay a high-speed telecommunications cable beneath the Pacific Ocean. The project […]

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