Qualcomm Launches $15B Buyback Plan; Stocks Fall Sharply on Wall Street
Corporate share buybacks are back in vogue on Wall Street.
FTC Sues Qualcomm Alleging Monopoly of Semiconductor Device
Federal Trade Commission alleges that Qualcomm uses anticompetitive tactics to maintain monopoly in a key semiconductor device used in cellphones and other devices
Samsung to Hang Up on Qualcomm ?
I'm Michelle Franzen in new York at the financials are closing in on our last hour on Wall Street for this Wednesday January 21. This story stock Qualcomm them naysayers of mobile devices sliding lower today why. Samsung the world's largest Smartphone maker. They said to be no longer interested in
Google's Billion Dollar Bet on SpaceX and a Space-Based Internet
The great Internet space race is shaping up to be a wild ride. SpaceX confirmed today it raised $1 billion in financing from Google and Fidelity, which will help the company push ahead with its plan to create a space-based global Internet service. "Space-based applications, like imaging satellites,
Inside New York City's Most Ambitious Public Wi-Fi Plan Ever
The pay phone is finally getting with the times. Ten thousand pay phone kiosks in New York City are being made over into stations offering free Wi-Fi, domestic calls and directions. Best of all: That whole paying part won't exist. Here's a look at how New York City is working to bring Internet that
The Mysterious Company That Has Tech Giants Dropping $542 Million
Google and other tech giants are taking are taking a half-billion dollar leap on a mysterious start-up that could change the way people interact with computers. Magic Leap, a Hollywood, Florida, based start-up announced today it received a $542 million round of funding led by Google, along with
Finding the 'Holy Grail' of Making Smarter Robots
Robots that can learn how to do just about anything, including anticipating what their human owners are about to do, may be lurking around the corner if scientists at four leading research universities and several high tech companies achieve their goal. No human assistance needed. Robots anywhere
StubHub Latest Victim of Cyberthieves
Morning Money Memo: ABC News’ John Kapetaneas reports: You may want to check that ticket again. Nearly 1,000 customers of the online ticket exchange StubHub are the latest victims of cyberthieves. The San Francisco-based, eBay-owned company Tuesday said that while the thieves did not hack...
A Tale of Two Tech Sectors: 2000 and Now
Events in the technology stock sector in the past couple of years have prompted no small degree of alarm among some market observers and pundits. Their level of concern is so high that they’re using the b-word — yes, bubble. They say signs of a bubble include Facebook’s short-term share-price