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Google could be target of Anti-Trust Probe

The FTC is considering a broad antitrust investigation into the company's dominance in the Internet-search industry, Bloomberg reports.

The commission is awaiting the Justice Department's decision on whether it will challenge Google's planned M&A of ITA Software Inc.

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Google (GOOG) is down 2.2% to $574.58 on news the company could be a target of a U.S. Federal Trade Commission anti-trust probe.

By FNNO Staff
fnnonline@gmail.com

Amazon Up 2% on Plans to Build Digital-Content Store

Apple is trading at $348.60, down $2.36, or 0.67%.

aapl, amazon, amzn, buy, cloud service, digital content, ecommerce, internet, itunes, music, online, purchase, retail, sell, shares, shopping, song, store apple, streaming, trade, web

Amazon.com, Inc. (AMZN) is up 2.43% to $176.86 in early trade on plans to launch of a cloud-based music service for consumers as it seeks to make its own digital-content store more competitive with Apple's (AAPL) iTunes.

By FNNO Staff
fnnonline@gmail.com

Amazon's "Cloud Drive" Faces Backlash From Music Industry

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Amazon (NASDAQ:AMZN) is already facing some backlash from the music industry over the company's "Cloud Drive" service, which could ignite a legal battle. Liz Young, a Spokesperson for the company stated that Sony Music was one co

By FNNO Staff
fnnonline@gmail.com

RadioShack up Fractionally, Starts Selling iPad 2

Published on Tue, 03/29/2011 - 13:57
By FNNO Staff in General Interest, AAPL, RSH, aapl, apple, device, electronics, ipad 2, market, merchandise, radioshack, rsh, sale, sell, store, tablet, tech, web, News Update

Participating stores are indicated on RadioShack's Web site, confirming market rumor regarding the new merchandise.

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RadioShack Corp. (RSH) is up 0.40% to $15.07 at last look, on news that it started selling Apple Inc.'s (AAPL) iPad 2 tablet computer.

By FNNO Staff
fnnonline@gmail.com

Meredith magazines added to NFB service for the blind

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Meredith has partnered with The National Federation of the Blind to offer five of its publications to subscribers of NFB-Newsline, the free service that provides independent access by print-disabled people to hundreds of local and

By FNNO Staff
fnnonline@gmail.com

Spiderman director Taymor steps down

acting, bono, broadway, comic book, delay, director, injuries, julie taymor, musical, philip william mckinley, production, roberto aguirre sacasa, spiderman, super powers, superhero, the edge, theater, turn off the dark, u2, web

After endless delays, months of previews and a variety of injuries to multiple actors, Spiderman: Turn off the Dark will have a new director spinning it's web. Director Julie Taymor is leaving the star-crossed $65 million musical.

By Stephanie Shyu
sshyu@fnno.com

What's In The News: March 1st, 2011

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This is what's in the news for Tuesday, March 1st, 2011. the New York Post reports that Morgan Stanley (MS) is said to be looking to complete the spin-off of FrontPoint Partners as early as today, even as the fund is being hur

By Stephanie Shyu
sshyu@fnno.com

Quepasa to Purchase Brazilian Social Game Development Studio

The company expects that the acquisition of TechFront will deepen its presence in Latin America's burgeoning social gaming market.

acquisition, brazil, console, egames, financial, games, latin america, market, mobile, orkut, qpsa, quepasa, shares, social gaming, software, techfront, web, xtft

Quepasa (QPSA) announced that it has executed a definitive agreement to acquire XtFt Games, the owner of substantially all the assets of TechFront Desenvolvimento de Software, a social game development studio based in Curitiba, Br

By Stephanie Shyu
sshyu@fnno.com

New York Times to Charge Readers Under $20 a Month for Web Access to Newspaper

Published on Thu, 01/20/2011 - 16:53
By Stephanie Shyu in General Interest, AMZN, NYT, access, amazon.com. amzn, charge, membership, new york times, news, newspaper, nyt, nytimes, price, readership, shares, subscription, web

The price has reportedly been set at less than the $19.99 price customers pay for a subscription on Amazon.com (AMZN).

NYT shares are up 5.95%, or $0.59, to $10.69.

access, amazon.com. amzn, charge, membership, new york times, news, newspaper, nyt, nytimes, price, readership, shares, subscription, web

The New York Times Co. (NYT) is higher in afternoon trading as Bloomberg reports that the newspaper chain will charge readers under $20 a month for full Web access to the Times.

By Stephanie Shyu
sshyu@fnno.com

eBay Shares Jump in After Hours After Better Than Expected Q4 and Guidance

Published on Wed, 01/19/2011 - 17:12
By Stephanie Shyu in Earnings Lookback, ebay, analyst, auction, business, earnings, ebay, eps, market, nasdaq, online, payments, paypal, quarter, revenue, sales, shares, shopping, stock, web

For Q1, the company said it expects EPS of 44-46 cents (vs. estimates of 45 cents) and sees sales of $2.4-$2.5 billion (vs. $2.43 billion estimate. For 2011, eBay said it sees EPS of $1.90-$1.95 (vs. $1.85 estimate) on sales of $1

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Online auction house eBay (NASDAQ:EBAY) reported Q4 EPS of 52 cents, topping consensus estimates of 47 cents. Revenue in the quarter rose to $2.495 billion, inline with analyst estimates.

By Stephanie Shyu
sshyu@fnno.com

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