market

For the first time in the history of the company, Google's stock price has surpassed $500 (U.S.). The general estimation is that Google now has a market value of $155 billion. The recent success of Google can be attributed to the favorable ... expectations that Wall Street has announced for the company, which has translated into a 2.3 per cent stock increase. More accurately, Google's stocks now trade at $509.65/share on the NASDAQ Stock Market. The share increase has made Google the second most valuable business in the Silicon Valley, surpassing such electronic super-manufacturing companies as ... (view more)

The wait is over. Internet Explorer 7 (IE7), an enhanced version of the Microsoft's popular browser system, is now available for download on the company's website. Dean Hachamovitch, General Manager of Microsoft's Internet Explorer team, promises a ... new and improved browser. "We listened carefully to our customers, and are delivering a safer browser that makes the tasks they do everyday much easier." Internet Explorer 7 reduces exposure against both phishing and malicious software attacks; Microsoft has fortified the browser and is offering users more complete information and support with ... (view more)

Recently, Best Buy announced its alliance with SanDisk and RealNetworks to develop a music service set for release on October 15th, 2006. (Source: tgdaily.com ) The arrangement uses RealNetworks' Rhapsody service via the Best Buy Digital Music ... electronic store. The system will be available to customers of the SanDisk Sansa e200R line of Rhapsody MP3 players. (Source: technewsworld.com ) Rhapsody is currently the largest subscription-based music service, while SanDisk is the number two producer of MP3 players (falling behind Apple). The SanDisk Rhapsody MP3 players have been reported to cost $ ... (view more)

Korea's number one online social network, Cyworld, recently launched into the U.S. market on August 15, competing with the U.S.-based MySpace.com. What is Cyworld? Cyworld, which was started in 1999, leads Asia's social networking scene with ... localized sites in Japan, South Korea, Taiwan and China. In the Korean language, Cyworld means "relationship world" and the media is touting its U.S. debut as a "refreshing and essential platform for the burgeoning online U.S. social networking sector." (Source: biz.yahoo.com ) Entering into the U.S. Market The U.S. Cyworld team is based in San Francisco ... (view more)

Last November, Microsoft faced intense criticism upon the release of its Xbox 360 console. Many die-hard Xbox "fanboys" -- gamers dedicated to Bill Gates' wares -- were unable to purchase the system due to massive production shortages. Those with ... their eye on the industry recognized a ridiculousness in Microsoft's pitiful attempt to attract Japanese gamers (who typically flock to Nintendo and Sony events) when the North American market was starving for more Xbox 360s. The end result? Millions in lost business on this side of the Pacific and thousands of 360s gathering dust in Japanese game ... (view more)

Amazon, the venerable online retailer best known for selling books, CDs, and DVDs, is said to begin offering downloadable films and television shows to Web users next month. A source close to the offering confirmed rumors that Amazon Digital Video ... will allow users to download video either on a pay-per-view basis or by subscription, where a one-time fee is paid to view movies over a certain time period. (Source: news.com ) This news follows closely on the heels of last week's rumors that Apple is heading in the same direction. Competing with Apple? This is not the first time that news has ... (view more)

On Friday July 21, 2006 Microsoft executives confirmed the launch of Zune, a music software and hardware product line that will rival Apple's iPod and iTunes. In early June, Microsoft denied rumors that the company was developing a digital media ... player to compete with Apple's iPod. However, In a statement released Friday, Microsoft general manager of marketing, Chris Stephenson revealed that the "new music and entertainment project [Zune]... will deliver a family of hardware and software products, the first of which will be available this year." (Source: news.com ) What is Zune? Zune's ... (view more)