In an effort to stave off creditors and salvage the company, SAAB has asked a Swedish court to allow it to enter into bankruptcy reorganization from which it expects to emerge in three months time. Currently SAAB is owned by Swedish Automobile, formerly known as Spyker, a Netherlands based concern. Swedish Automobile is waiting on […]
Read MoreI have not read said cables but the Detroit News is reporting today that the US State Department intervened on behalf of the American Big 3 automakers on multiple occasions over the course of the financial crisis beginning in 2009. Not only were issues concerning the Big 3 detailed but also the Toyota recalls were […]
Read MoreMichael Arrington fired from TechCrunch, conflict of interests at crux of dispute..
Read More(in tonnes – due to the wild fluctuation of the price of gold) 1. US 8,133.5 2. Germany 3,401.0 3. The IMF 2,846.7 4. Italy 2,451.8 5. France 2,435.4 6. China, 1,054.1 7. Switzerland 1,040.1 8. Russia 775.2 9. Japan 765.2 10. Netherlands 615.5 With the value of gold skyrocketing due to economic uncertainties surrounding […]
Read MoreIt is June 1997. I am at the beach enjoying myself. The world is proclaiming the imminent death of Apple Computer which recently brought co-founder and visionary Steve Jobs back on board. I disagreed that this was the end of the company. Bill Gates’ top rival could not be so easily felled and I was […]
Read MoreCEO Tim Armstrong responds to the reports that with ad revenues down AOL will be off 20% this year from projections by affirming his desire to recenter the AOL brand around user-created content like that found on the recently acquired Huffington Post. This has led to speculation that Arianna Huffington may take a larger role […]
Read MoreZDNet is great when it comes to things like this. Thanks for not inspiring confidence HP.
Read MoreGM apparently doesn’t want to honor the warranties on Impalas made under the ‘Old GM‘ (aka General Motors, as opposed to Government Motors which some have dubbed the recent incarnation). Wow. Just when you thought American car companies were starting to come around they do something stupid like this. Thank you for the bailout. Thank […]
Read MoreRIM, in an attempt to shore up its flailing Blackberry platform, is going to offer a streaming music service integrated into their Blackberry Messenger program. According to RIM, the BBM program is one of the world’s largest mobile social networks and is the focus of retrenchment efforts focused at restoring prestige to the Blackberry brand […]
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