Archive for January, 2011

No More Nanny Schmidt for Google’s Page & Brin

In a surprise move, Google announced that Larry Page, one of its founders, will replace Eric Schmidt as the company’s CEO in April. The news came on the same week Apple announced that Steve Jobs, the man instrumental in iPod, iPhone and iPad, would be on medical leave without much more details. Was the timing […]

... written on Jan 25 2011

Apple’s Blowout Earnings & Steve Job’s Medical Leave

News that Apple CEO Steve Jobs is taking another medical leave of absence spooked investors so much so that many speculators predicted the stock price would tumble at least by 10% even before the opening bell on Tuesday. As expected, the stock price plunged but by a smaller 6 percentage points only. At the end […]

... written on Jan 19 2011

Verizon iPhone Is Here And The Winner Is – Apple

Verizon Wireless, the largest U.S. wireless carrier, will start selling Apple Inc.’s (Nasdaq: AAPL, stock) iPhone 4 early next month, ending AT&T Inc’s (NYSE: T, stock) exclusive 4-year hold over the blockbuster smartphone and sending millions into long queues around the world for the gadget. For years people have been clamouring to use iPhone on […]

... written on Jan 12 2011

Facebook IPO, from $50 Billion to $124 Billion Valuation

Facebook is the world’s largest social network, with over 500 million users. Founder Mark Zuckerberg launched “Thefacebook” (thefacebook.com) on Feb 2004 before rename it as just “Facebook” after secured the domain facebook.com in 2005 for $200,000. Facebook actually started as Facemash, a simple site that placed two photos next to each other and ask users […]

... written on Jan 08 2011

Ready for $100 Oil and $1,500 Gold for 2011?

Commodity prices had performed superbly 2010 and experts believe the bullish momentum would continue this year, 2011. Oil prices rose 15% and gold gained 30% in 2010. According to survey, investment strategists from Goldman Sachs, Jefferies & Co., Wells Fargo and other investment houses are predicting two main commodities namely oil and gold to rise […]

... written on Jan 06 2011

Corruption Can Become Day-Light Robbery If …

Singapore economy was reportedly to have expanded by a whopping 14.7% against Ministry of Trade and Industry’s (MTI) growth forecast of 15%, making the country the fastest-growing economy in the world after Qatar, according to IMF (International Monetary Fund). While Singapore is enjoying vibrant economic growth, its nearest neighbour Malaysia is struggling to keep the […]

... written on Jan 03 2011

Browse pages below for more ...