From the category archives:

Finance

Is Palm Throwing In The Towel? One Executive Is Already Cashing Out

June 30, 2009

Palm, Inc. (Nasdaq: PALM) Director, Gordon Cambell, disclosed the sale of 106,939 shares of PALM common share on 6/29 at $15.84/share, following the exercising of options on the exact same number of shares at prices from $2.21-$5.46. Cambell’s remaining direct holding in the company following the sale is “zero” shares.
The options had Expiration Dates between [...]

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Facebook Gets A New CFO

June 29, 2009

Facebook quietly chose a new CFO today, months after getting rid of Gideon Yu, for not having enough ‘public company experience’. Former Genentech CFO David Ebersman was officially announced today as the man taking on the task of raising more money for the company and getting it ready to go public in the next 2-3 [...]

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Is The New Dell Phone A Palm?

June 11, 2009

It’s been a while since we have heard anything from Dell about their supposed entrance into the smartphone market. This past March, Michael Dell said “It is true that we are exploring smaller-screen devices. We don’t have any announcements to share today, but stay tuned as when we have new news we will share that [...]

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Sony Posts First Loss In 14 Years

May 14, 2009

Not only did Sony post their first loss in 14 years, it was a big one, coming in at a total of $1.03 billion.
Electronic sales dropped 17% while the game division dropped 18%.
Sony expects next year to be no different, predicting a loss of $1.1 billion.
What will save Sony?

Looking For A Job Or Need [...]

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Amazon Invests In Foodista

May 7, 2009

 

Foodista.com, the online cooking encyclopedia everyone can edit, announced today that it has completed a Series A financing led by Amazon.com, Inc. (NASDAQ: AMZN). The amount of Amazon’s investment and the terms were not disclosed, but it’s rumored to be at or around $600K. “In less than a year, Foodista has created an exciting new [...]

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