OK, things are bad enough out there with out this kind of thing: Yahoo Finance a few minutes ago was showing the Dow Jones Industrial Average down more than 1,000 points, with a loss of 11%. Things are bad once again this morning, but they are not THAT bad. Actual current damage: Dow is down another 312 points, or 3.6% to 8,266.65. …
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Lifestyle »
The Sequoia “RIP: Good Times” presentation: Here it is
Silicon Valley has been trying to digest news of a secret meeting held by top venture firm Sequoia Capital earlier this week. At the meeting, top Sequoia partners laid out bleak short and long-term scenarios for the world economy — and strong medicine for the firm’s portfolio companies. …
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Lifestyle »
Rumor: New Touch Family HTC T8290 Comes with WiMax!
Leaked photos from nedge2k.com has revealed a new HTC T8290, with its front like HTC Touch Diamond but has much bigger touch screen. The HTC T8290 is said to be a GSM + WiMax device, it has a 3.8-inch display screen with an impressive 800 x 480 WVGA resolution, built in WiFi and Bluetooth. …
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Finance »
The Last Days of Morgan Stanley
If Morgan Stanley was in distress back in mid-September, it's much worse today, trading as low as $12.50 a share: that's just 40% of its stated book value. For all the denials coming out of the bank, clearly the market is very skeptical that the injection of cash from Mitsubishi UFJ Financial Group …
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Politics »
AIG lifts borrowing from government $9 bln to $70.3 bln: WSJ
TEL AVIV (MarketWatch) -- American International Group Inc., the New York insurance giant, boosted its borrowing from the government by $9 billion, to a total of $70.3 billion, as it tries to meet its trading partners' demands for cash, The Wall Street…
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U.S. May Remove North Korea from Terrorism List
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Technology »
Plunge in RIM's shares could attract takeover bid
TORONTO (Reuters) - The recent plunge in the market value of BlackBerry maker Research In Motion could leave the company vulnerable to a takeover from a well-capitalized buyer such as Microsoft Corp.…
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Sports Radio and Sports Blogs Now About Everything But … Sports
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