Mobile phone companies are now testing a new way of getting new customers. They are doing this by having ads for their devices appear on the devices of their competitors. This exposes their products to users who are already using something similar so they may be interested in what the competitor is offering. The...
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Markets
Mobile Device Makers Targeting Competitor’s Devices With Ads
FCC Approves “Net Neutrality” Rules
The Federal Communications Commission has approved “high-level rules of the road.” These rules have been designed to ensure that internet service providers grant everyone equal access to the web. The vote was 3 to 2, with Democrats and Republicans on both sides, respectively. Commissioner Michael Copps, a Democrat, signed off on the rules, but...
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Gold Price at Around $1,400 per ounce
Gold was trading around $1,400 on Wednesday. At the time of writing this post the price for gold was $1,400.00. First the price went down to $1,385 and then it went up, crossing the $1,400 per ounce line, with a high just short of $1,410 per ounce. Kitco reports: “Comex gold futures prices have...
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Dow Jones Industrial Average Up
The Dow Jones Industrial Average finishes up for the month of October. That means that almost all the losses of the prior months have been regained. With 11,118.49 points the Dow Jones is not back in the range where it was trading in May 2010. The NASDAQ Composite did not do much during the...
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Gold Price Recovers after Hitting 3-Week Low
The Gold Price slipped down to $1,316 on Friday in London, but swiftly crawled up $1,324, just a few dollars shy of the London early morning price. The 5.1% slide from last weeks all time high is a result of the Dollar being viewed as relatively more stable during the last few days. The...
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Gold Prices Went Further up on Weak Dollar
As reported by the street, spot prices for Gold went further up on Wednesday while the U.S. dollar showed weakness. If the dollar further softens, Gold tends to go up more. As kitco.com states it: “Comex gold prices on Wednesday ended modestly higher and hit another new all-time record high of $1,351.00 an ounce...
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Amazon Exposes iPad Flaw in Kindle TV Commercial
Today Amazon showed TV viewers which product it thinks is its biggest competition for its Kindle, not the Nook or some other e-reader, it’s the Apple iPad. In a TV ad that played on Good Morning America, they outed the iPad in a Kindle vs. iPad video. Many people know that the iPad’s one...
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Apple iPad Sales to be Launched in China
Today, Apple Inc. announced that Wi-Fi models of its iPad will be available for customers in China from Apple Retail Stores and Apple Authorized Resellers. They will be available on Friday, September 17, with sales beginning at 10:00 AM. This means that all the Chinese people who have been waiting to purchase an iPad,...
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Yahoo Attempts to Face Competition by Revamping Mail Service
For a while Yahoo Inc. has been having trouble keeping its head over water as users switch to services from rivals such as Microsoft Corp. and Google Inc. As well, users have been using social networking services such as Facebook and Twitter instead of Yahoo Mail. In order to help stem this user decline,...
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Nokia Replaces CEO With Microsoft Executive
Nokia’s stock raised on Friday after the Finnish mobile phone maker announced some big news. The news is that they are replacing their chief executive with an executive from Microsoft. Nokia’s board of directors said that it hired Stephen Elop for the position of president and CEO, Elop is scheduled to begin work on...
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