iTunes To Be Forced to Drop Prices to Compete with Tunespro
finance.yahoo.com — While iTunes is unquestionably the industry's leader in terms of market share, the site no longer offers the best value for money to the consumer. Newer cheaper competitors are beginning to emerge that are basing their business model on a more affordable and widely accessible price point. (Submitted by addiggt) More...
iTunes & Napster Blasted By Music Download Watchdogs
finance.yahoo.com — iTunes.com has been repeatedly criticised for raising the prices of music downloads during a time when online music sales are on the rise. Single track downloads recently rose from 99c to $1.29 on iTunes which prompted competing music sites Amazon, Napster, & CDUniverse to also raise prices. (Submitted by inactive) More...
HP to Acquire 3Com for $2.7 Billion
finance.yahoo.com — Hewlett Packard (HPQ) is acquiring 3Com (COMS). 3Com is a network gear company, and this puts HP in greater competition with Cisco (CSCO). Hewlett Packard also raised guidance for the next year by $1 billion. The purchase of the maker of computer networking systems will help expand HP's switching operations and strengthen its position in China. (Submitted by pwarnock) More...
Jobless rate tops 10 percent for first time since 1983!
finance.yahoo.com — 190,000 jobs lost in October. (Submitted by zelig) More...
New jobless claims rise more than expected
finance.yahoo.com — WASHINGTON (AP) -- The number of newly laid-off workers filing claims for jobless benefits rose more than expected last week. Since the passing of the stimulus, 49 of 50 states have lost jobs and the numbers are devastating. (Submitted by Troika37) More...
DJ Industrials Pass 10,000 for 1st Time in a Year
finance.yahoo.com — NEW YORK (AP) -- The Dow Jones industrial average is back above 10,000 for the first time in a year.The Dow has crossed five figures seven months after it hit a 12-year low of 6,547.05 on March 9. The comeback by the stock market's best-known indicator is the most visible sign yet that investors believe the economy is indeed recovering from the fin (Submitted by HeDiggMe) More...
AP, News Corp bosses say pay up -
finance.yahoo.com — The message from some of the world's leading news providers at the first Beijing international media summit was clear: It's time to demand payment for online use of content. After free-falling profits and massive changes in technology and in the way people obtain their ne.............................. (Submitted by FI5HERMAN) More...
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