Business: Microsoft launches challenge to iTunes
Microsoft played catchup again with a tech rival Thursday unveiling Music to challenge Apple Computers dominant iTunes Music Store
Music debuted with songs to grow to 1million after the sites official rollout next month 99cent per song pricing and some exclusive deals with bands that had not previously allowed their music to be downloaded such as Metallica
Then a key comparison battle kicks in says its songs will play on more than 70 portable players but not the hotselling iPod which is the only player that works with iTunes...
Google up in market debut after bumpy IPO
Google up in market debut after bumpy
Reuters47abscbncom
47 Google Inc shares jumped 18 percent in their longawaited stock market debut on Thursday after a scaleddown 167 billion marked by missteps and lackluster market conditions
Google cofounder Larry Page and chief executive Eric Schmidt guarded tightly by security were at the Nasdaq stock markets broadcasting facility in Manhattan as the Webs most popular search engine began trading as a public company
After ending its unconventional auction to price and sell the shares on Wednesday Google sold 196 million shares at 85 each raising 1...
Telecoms put FCC on notice: South Florida Sun-Sentinel
By nature rulings from government agencies tend to upset one group or another But the best way to annoy everyone is to not make any decision at all
Thats essentially what the Federal Communications Commission did this month when it required regional phone carriers also known as the Baby Bells to continue leasing lines to their competitors at discounted rates
On one hand it seemed like good news for the Bells because the has been signaling that the freeze on rates will end in six months After that the carriers would be able to raise rates though perhaps within some limits that will be set by the...
Google Up in Market Debut After Bumpy IPO
Google cofounder Larry Page and chief executive Eric Schmidt guarded tightly by security were at the Nasdaq stock markets broadcasting facility in Manhattan as the Webs most popular search engine began trading as a public company
After ending its unconventional auction to price and sell the shares on Wednesday Google sold 196 million shares at 85 each raising 167 billion the biggest so far by an Internet company
The shares ended trade at up or 18 percent valuing the company at 272 billion and its founders
stakes at 435 billion Trade ranged from a high of to a low of...
Google IPO priced at $85 a share
47Money Internet search engine Google has announced it will go public at 85 a share paving the way for the widely awaited but troubled stock offering to finally stumble to market on Thursday
At that price the low end of its recently revised range Google raised 167 billion with 12 billion to go to the No 1 Internet search engine and 473 million to Google executives and investors selling their shares
The Securities and Exchange Commission gave the final goahead for an initial public offering Wednesday afternoon clearing the way for trading in Google stock to begin Thursday...