The Pixi, the Palm Pre’s diminutive smart-phone sibling, arrives at market a few days from now (Nov. 15), and despite some potential pricing confusion with the Pre, analysts expect it to be another catalyst for the company’s comeback. In a note to clients today, Bank of America/Merrill Lynch analyst Vivek Arya said Palm is well-poised for growth in 2010.
Is there any possibility that Oracle would abandon its bid for Sun? And if Oracle were to walk away, what would happen to Sun? Thomas Weisel Partners analyst Doug Reid weighs both of these questions in a note to investors today, and his answers are worth considering in light of reports that the European Commission may object to the deal.
Though its shares are up more than 900 percent since January, Palm remains a “show me” story. So says Susquehanna Financial analyst Jeffrey Fidicaro, who seems to think the Street is putting a bit too much faith in the company’s next-generation platform, webOS, and the devices that run on it.
Apple’s latest 52-week high is well on its way to becoming a 52-week low. In a research note to investors this week, Charlie Wolf of Needham & Company lifted his price target on Apple to $235, from $200, largely on the merits of the iPhone and the iTunes App Store.
Amazon’s days of booking sales from its business in Japan back to the United States may be coming to an end. The Tokyo Regional Taxation Bureau has demanded back taxes of $119 million from Amazon’s Japanese affiliates, Amazon Japan and Amazon Japan Logistics.
A quick but noteworthy follow-up to my earlier post about the incredible gain in market cap Palm made in the last year. Palm’s valuation is actually higher than the $1.95 billion I quoted earlier. Quite a bit higher, it turns out.
Facebook’s virtual gift market may turn out to be the best holiday shopping option for employees hoping to cash out some of their shares. On Thursday, the company postponed a program that would have allowed employees to sell up to 20 percent of their vested shares.
So much for “growth over profits,” or should I say “growth over as-of-yet-unrevealed meaningful profits”? Word on the street has it that Facebook is considering a program that would allow employees to sell up to 20 percent of their vested shares.
If Microsoft is buying, Facebook ain’t selling. Commenting on rumors that Microsoft may soon acquire the 98.4% of the social networking phenom that it doesn’t yet own, Facebook CEO Mark Zuckerberg said he’d prefer to keep things as they are now.
The ability to control how much information is available to the public has long been one of Facebook’s core principles. It was this very feature, for example, that Facebook used to distinguish itself from other social networks back when it first launched.
Of course, the ensuing years proved that protecting the privacy of its users was [...]
Digg has decided to get out while the getting is still good. The social news site is said to be the prize in a bidding war that includes potential purchasers Google and Microsoft, along with two unnamed media companies. (Gee I wonder who those are?)
Anyway … Digg has reportedly hired New York investment bank Allen [...]
No surprises here. The incredulity with which the industry views the $15 billion valuation given Facebook after Microsoft’s investment in the site does not extend to the offices of Microsoft Chief Financial Officer Chris Liddell. And why would it, when the consequences of not toeing the party line at Microsoft are likely being hanged from [...]
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
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