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Weekend News

Business News

Delphi sues Appaloosa for bailing out

Delphi Corp. files suit against an investment group led by Appaloosa Management for refusing to honor its commitment of up to $2.55 billion that would have helped the auto-parts supplier emerge from bankruptcy. MarketWatch - 3 hours ago - nobosh details
Stocks cut losses at end of strong week

Stocks cut losses late Friday, but remained in the red, as surging oil and gas prices and a weak consumer sentiment report gave investors a reason to step back a little after the recent run. CNNMoney - 5 hours ago - nobosh details
Still booming: Art dealers cheer $362M record

The sky may be falling on the economy, but the art market is flying high. CNNMoney - 1 hour ago - nobosh details
Investors Aplenty For Pharmacopeia

Positive results for the company's blood-pressure treatment sends stock to big gain. Forbes - 28 minutes ago - nobosh details
Wall St ends flat as energy gains offset sentiment

NEW YORK (Reuters) - Stocks finished little changed on Friday as surging oil prices lifted energy shares and offset data that showed consumer confidence sank to its lowest in 28 years. Reuters - 28 minutes ago - nobosh details
John Dvorak's Second Opinion: Carl Icahn will destroy Yahoo

John Dvorak looks over the current directors of Yahoo and Icahn's proposed replacements. MarketWatch - 1 hour ago - nobosh details
Rentals Are Up And Consumers Are Spent

April housing starts were up overall, but fewer single family homes were started. Forbes - 1 hour ago - nobosh details
America's Housing Crisis

Problems with shoddy subprime loans were the first shoe to drop, but there is more trouble in store as Alt-A mortgages run into problems and residential real estate prices slide. Forbes - 3 hours ago - nobosh details

Business & Finance Blogs

Vintner Robert Mondavi Dies at 94

CHICAGO (AdAge.com) -- Wine industry icon Robert Mondavi has died at 94. He is widely credited for playing a central role in elevating the reputation of California wines worldwide through his role as an icon and ambassador of the region, as well as Advertising Age - 2 hours ago - nobosh details
CondeNet Buys Ars Technica For A Reported $25 Million

CondeNet is buying tech blog Ars Technica for $25 million, according to Techcrunch. We've confirmed the acquisition but not the purchase price; the company plans on talking about the deal on Monday. Ars' 8-person news operation will be folded into Silicon Alley Insider - 3 hours ago - nobosh details
Top Ten: The week's top news and analysis, May 12-16

Sometimes, just when you think things can't get worse, they do. MarketWatch Personal Finance - 2 hours ago - nobosh details
Yahoo! Tries To Hide Parts Of Lawsuit From Public, Icahn (YHOO)

Yahoo is trying to conceal large parts of a lawsuit brought against the company by shareholders who say the board should have taken Microsoft's bid. The suit, filed in Delaware about three months ago, is your standard shareholder complaint, but the Silicon Alley Insider - 2 hours ago - nobosh details
S&P Picks and Pans: Activision, BMC Software, Autodesk, Nordstrom, Abercrombie

Analysts' opinions on stocks in the news Business Week Investing - 5 hours ago - nobosh details
Taxing Times: Stimulus payments will come, eventually -- well, most of them

I haven't received my stimulus payment yet. Have you? In my case, I think I know why: I filed too close to the April 15 deadline for the IRS to process my return in time to get my payment in the first round. Almost 46 million payments have been sent MarketWatch Personal Finance - 3 hours ago - nobosh details
Coke Set to Launch Olympic Blitz

NEW YORK (AdAge.com) -- Come Monday, consumers are likely to do a double take when they reach for a Coke. The beverage giant is kicking off its Olympic program with the launch of collectible packaging featuring the Coca-Cola script logo in five Advertising Age - 3 hours ago - nobosh details
Cornell Engineers Win DFJ East Coast Venture Challenge; Now What?

Former Jamaican World Cup soccer star Chris Thomas is used to winning. But Thursday night the Cornell engineering student celebrated a different sort of victory: He and his teammates, who created a business plan for battery company Widetronix, won Silicon Alley Insider - 2 hours ago - nobosh details

Business Tech

Sen. Arlen Specter Demands Investigation of Spying... In The NFL

Sometimes, no amount of snark can top the real world. Threat Level notes that "Arlen Specter, the Republican leader of the Senate Judiciary Committee, on Wednesday demanded an independent investigation into 'Spygate.'" Not the administration's Techdirt - 15 minutes ago - nobosh details
Reality Check

I have this notion to write a series of columns from time to time under the title "Reality Check" -- columns intended to explain how the world of Information Technology actually functions. Because like any other entrenched, complex, and often Cringely -The Pulpit - 3 hours ago - nobosh details
CIGS companies eye building-integrated photovoltaics

Thin-film solar power companies are targeting the building integrated solar cell market but still have a way to go. CNET News - 9 minutes ago - nobosh details
Glubble Filters a $3 Million Series A

Glubble is a developer of a parental control plugin for Firefox, which aids adults in the ability to watch over their kids internet usage. In their approach is something similar to the Kidzui method, where they create a whitelist of kid-friendly Mashable - 45 minutes ago - nobosh details
Congressmen Not Happy About Charter's Plan To Sell Out Users To Advertisers

While Charter Communications is out defending its efforts to inject ads into your surfing activities by collecting data on where you surf, it appears that some powerful Congressional Representatives are suggesting that Charter might want to think Techdirt - 1 hour ago - nobosh details
Social graphs just wanna be free--but will they ever be?

I can't really work up the same sense of outrage that's accompanied Facebook's decision to give Google the middle finger. CNET News - 1 hour ago - nobosh details
App Analytics Firm Sometrics Raises Seed Round From Mail Room Fund

The big news here is the investor: Sometrics, a start-up providing analytics for social net apps, has raised an unspecified seed round from the Mail Room Fund, the fund launched by Accel, Venrock and the William Morris Agency. Also participating in paidContent - 1 hour ago - nobosh details
As Icahn Storms The Gates, Yahoo Sends Google Ad Smoke Signals Again

Every time things heat up at Yahoo (NSDQ: YHOO), they seem to play the Google (NSDQ: GOOG) card. In the days before it went into failed negotiations with Microsoft (NSDQ: MSFT), the company leaked word that an ad deal with Google would be announced paidContent - 1 hour ago - nobosh details