Google set to map the world — and push out GPS makers as a result?
Google (GOOG) changed the game of many global GPS appliance makers this month by announcing a completely free and quite capable GPS product as part of the Motorola Droid handset announced and now being sold by Verizon Wireless.
In what seems to be the norm for Google, it is once again disrupting an entire market by [...]
Losing to Korea, Japan eyes new tech battlefields
SEOUL/TOKYO (Reuters) – Japan has the technology, but South Korea has the product … and the profits.
In the longstanding rivalry between these two near-neighbor North Asian technology industry heavyweights, the pendulum has swung Korea’s way.
South Korea’s Samsung Electronics (005930.KS: Quote, Profile, Research, Stock Buzz) and LG Electronics (066570.KS: Quote, Profile, Research, Stock Buzz) have wrested [...]
No floor in sight for natural gas; prices plunge
NEW YORK (AP) — Natural gas prices tumbled again Thursday, hitting new seven-year lows after the government reported more supplies were put into storage as the entire country pares down on energy usage.
That will mean huge savings for a lot of people this winter when the heating bill arrives.
On Monday, Spokane, Wash.-based utility Avista Corp. [...]
AIG: What's Driving Up the Stock?
NEW YORK (TheStreet) — AIG’s (AIG Quote) volatile run-up began to show signs of weakness by Friday afternoon, after days of huge gains and heavy volume from small speculative bets.
American International Group shares were up 5.1% at $50.28 shortly after 3 p.m. EDT, after a period of alternating between positive and negative territory. The stock [...]
The Next Shoe to Drop in Banking: An Options Strategy
The financial sector of the U.S. economy has had nearly a year to address the problems that exacerbated the crisis last fall. But many observers think that the banks haven’t done enough, and that another round of trouble may be developing for the sector. I will outline some of those concerns and then suggest some [...]