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Cuomo guns for Intel on antitrust

The latest litigation has Intel Inside.

The State of New York is going after Intel (NASDAQ: INTC) over antitrust allegations. State Attorney General Andrew Cuomo is accusing the largest chip manufacturer in the world that it is trying to secure a global monopoly for microprocessors.

For several years, Cuomo said that Intel has pushed the likes of Dell (NYSE: DELL) and Hewlett-Packard (NYSE: HPQ) to agree to the exclusive use of Intel's gear in exchange for billions of dollars in payments. The hefty cash outlays have given what Cuomo called a "stranglehold" on the market.

Continue reading Cuomo guns for Intel on antitrust

Retailers push social media, want bigger wallet share for Christmas

Once upon a time, retailers measured success by the number of people walking by in the mall, how many entered the store, the percentage they spent, and basket size. Now, a world of zeroes and ones has changed their perspective entirely. Social media is expected to be the star during the coming holiday season, with retailers pushing Facebook, YouTube, and Twitter content to get in front of consumers and affect either online or in-store purchases. Smaller Christmas budgets are expected, so the fight is on to garner as large a share as possible of a shrinking pie.

Of course, nobody would come out and say, "Social media is nonsense, and I'm not getting anything for my investment." So, when the likes of Starbucks (NASDAQ: SBUX), JCPenney (NYSE: JCP), and Target (NYSE: TGT) say that social media is connecting them with their customers and leading to more effective campaigns and product launches, do take it with a grain of salt. What can't be ignored, however, is that they're committing more resources to social media marketing, even though it's still far too soon to tell if it will be effective.

Continue reading Retailers push social media, want bigger wallet share for Christmas

Investors less secure about McAfee

While more and more software becomes free, there is one market for which consumers and businesses are willing to shell out money. Yes, it's security software.

A mega player in the space, McAfee (NYSE: MFE), reported its latest earnings report Thursday, a day after its main rival Symantec (NASDAQ: SYMC) reported its own quite strong results.

Continue reading Investors less secure about McAfee

Stars aligned for increase in IT spending

Windows 7, the latest operating system from Microsoft (NASDAQ: MSFT), is expected to help jumpstart some IT spending. Intel (NASDAQ: INTC) also sees this happening. A new operating system often means a chance to upgrade from dated equipment that isn't worth upgrading, especially with favorable pricing for technology right now. Everything's coming together for a strong 2010 for the high-tech sector, so it's also worth watching Hewlett Packard (NYSE: HPQ), Dell (NASDAQ: DELL) and EMC (NYSE: EMC).

Continue reading Stars aligned for increase in IT spending

Can Dell be changed enough to be seen as innovative again?

Michael Dell of Dell, Inc. (NASDAQ: DELL) has confirmed the launch of a Dell-branded smartphone sometime in 2010, one has to wonder this: why? Now that Dell has slipped to third place globally in terms of PC shipments, the computer direct selling pioneer now appears to be rather non-innovative, save for the Adamo paper-thin laptop PC that it keeps touting.

Continue reading Can Dell be changed enough to be seen as innovative again?

Apple's impressive Q4 -- too late to buy the stock?

If there was one stock you wish you had bought when it was being crushed by the financial crisis along with every entity out there, it's Apple (NASDAQ: AAPL). Shares of the company, which counts Microsoft (NASDAQ: MSFT) and Dell (NASDAQ: DELL) as rivals, have more than doubled since they hit a 52-week low of around $78 per share. Really, did we think this one wasn't coming back? Hey, I fully admit, I've been a bear on Apple at different points during the downturn. Difficult not to be, with consumer sentiment and all that.

Well, it's hard to be a bear now. Last night, the market welcomed Apple's Q4 earnings with open arms. How could it not? The first paragraph of the press release tells a story of profound growth. Sales increased 25%, and earnings per share soared over 40% to $1.82 per share.

Continue reading Apple's impressive Q4 -- too late to buy the stock?

Acer passes Dell to become world's second-largest PC maker

Dell Inc. (NASDAQ: DELL) has perched precariously at the #2 spot among the world's largest PC manufacturers after larger rival Hewlett-Packard Corp. (NYSE: HPQ) passed it as the #1 several years ago.

Continue reading Acer passes Dell to become world's second-largest PC maker

Google gets hungry for M&A deals

While the tech sector has held up fairly well during the economic downturn, the dealmaking has lagged. But lately, there has been an uptick activity, such as from companies like Dell (NASDAQ: DELL) and Cisco (NASDAQ: CSCO).

Well, according to Reuters, it also looks like Google (NASDAQ: GOOG) is setting its sights on mergers and acquisitions (M&A).

Continue reading Google gets hungry for M&A deals

Dell sees IT spending ready to grow

Economic recovery starts on the ground. So, while it's nice to hear the likes of Stephen Schwarzman celebrate the return of IPOs and hefty exit strategies, the real indications that the economy is turning the corner will come when companies start to open their wallets and spend.

After dealing with only the have-to-haves for a while now, companies can start to make the improvements they've been putting off. Dell (NASDAQ: DELL) CEO Michael Dell sees this happening in the IT space, with companies expected to ramp up their hardware spending aggressively.

Continue reading Dell sees IT spending ready to grow

Inventories add pressure to Windows 7 release

Microsoft's (NASDAQ: MSFT) new operating system, Windows 7, is set to be released on October 22, 2009, but it's unlikely to have an impact on PC prices. So, if you're feeling the urge to rush out and buy a new box, try to hold out until the end of the month. You'll get a bit more life out of it.

Fortunately, PC prices aren't expected to get much lower, so the entire supply chain -- from chips to software -- has nowhere to go but up. The effect, though, has been to put some serious pressure on manufacturers and retailers to keep from screwing up the release.

Continue reading Inventories add pressure to Windows 7 release

Dell promotes Salesforce.com, eager for a taste of consulting cash

Salesforce.com (NYSE: CRM) has a new champion: Dell (NASDAQ: DELL). The PC manufacturer is promoting the online sales force-enablement platform as a way to gain access to the hefty sums available in the technology services business. The deal would give Salesforce.com access to Dell's clients in the small and medium-sized business categories. Dell would sell Salesforce.com products and provide consulting services to help clients integrate the solution with their other enterprise applications. The dollars and cents of this union weren't disclosed.

Dell sees the margins of the services business and wants a piece of the action, particularly since the PC sector is low margin. Also, sales have been hit pretty hard as a result of the financial crisis. With PCs accounting for 60% of Dell's top-line, a bit of diversity isn't a bad idea. Currently, services account for only around 10% of Dell's sales.

Continue reading Dell promotes Salesforce.com, eager for a taste of consulting cash

Dell and Google try to invade the iPhone's territory

It usually isn't the biggest news in the tech realm when someone introduces a new phone, but the situation is a bit different when the phone uses Google (NASDAQ: GOOG) software and is made for smartphones on the AT&T (NYSE: T) network. The phone will be made by Dell (NASDAQ: DELL), features the Google Android system for its technology, and will be launched in the United States early next year, as reported in the Wall Street Journal (subscription required). This is a notable phone, as it is Dell's first foray into the U.S. cell phone arena.

Dell's offering will feature a touch screen rather than a keypad and will feature a camera -- much like Apple's (NASDAQ: AAPL) iPhone. The Dell offering will be similar to another Dell device that it showed in China back in August, but with a few different features. Google figures in, as its Android technology will run programs like a Web browser, music player, and games for the Dell phone. While many are going to focus on why the phone is good for Google, I'd rather focus on why this phone will be a spectacular failure.

Continue reading Dell and Google try to invade the iPhone's territory

Before the bell: Stock futures climb after surprising results from Alcoa

U.S. stock futures climbed Thursday morning, helped by a surprise profit from aluminum giant Alcoa (NYSE: AA). Investors were encouraged by the news, hoping that it's a sign to come for the third quarter earnings season and that once again many companies will beat expectations when reporting earnings.

Despite hopes early Wednesday Wall Street was in for a third day of gains, stocks ended up mixed and basically flat. But since Alcoa's beat came after positive surprised from Costco (NASDAQ: COST) and Monsanto (NYSE: MON), stock market futures are pointing to a positively higher open.

Continue reading Before the bell: Stock futures climb after surprising results from Alcoa

Seven characteristics of the rich and famous: A blueprint to uber-wealth

Those with aspirations of unfettered wealth look for clues everywhere. From top schools to unique talents, they build profiles of what it takes to become absurdly wealthy ... as though the process can be blueprinted. Well, if you're looking for answers, the Forbes 400 list is a great place to start. If anyone has mastered the art of making money, it's this collection of billionaires. They have the answers, and you are ready to learn.

A look at the lives of the Forbes 400 implies that the most important attribute is the ability to sift through ambiguity. Contradictions abound, meaning that shades of gray hold the answer to your burning desire for riches. Should you go to a great school? Well, yes ... but only if you're going for an MBA and plan to work for a major financial firm. But, you can still go to an Ivy League school if you're not studying finance but join Skull and Bones. Of course, dropping out of Harvard can be a great way to launch a career in the technology field.

It's tricky. There are no easy answers. But, the road to billions is littered with the corpses of aspiring magnates who thought it wouldn't be difficult. So, don't just read the seven attributes after the jump. Understand them. Read them twice. Then, your future financial situation will be assured.

Or, you can just do one of those chain e-mails and wish for wealth.

[Thanks, Forbes and MSNBC]

Continue reading Seven characteristics of the rich and famous: A blueprint to uber-wealth

Dell agrees to corporate governance changes to settle lawsuit

Dell Inc. (NASDAQ: DELL) will be making corporate governance changes soon as a result of a lawsuit settlement.

Dell did not admit any wrongdoing (naturally) after a recent lawsuit accused certain Dell directors and employees of engaging in insider trading practices, as well as making false statements about the state of the company's business.

Continue reading Dell agrees to corporate governance changes to settle lawsuit

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Last updated: November 07, 2009: 10:22 AM

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