COMPANIES

French Banks Race To Dump Greek Assets

Societe Generale
France's largest banks, Societe Generale SA (EPA: GLE) and Credit Agricole SA (EPA: ACA), are stepping up moves to unload their Greek subsidiaries and sever their unhappy ties to the crisis-hit country.
Madden NFL 2013

Video Game 'Madden NFL 13' Sells Record 900K Copies In One Day

Electronic Arts Inc. said in a statement Thursday that "Madden NFL 13," the latest iteration of its iconic football video game franchise, sold about 900,000 in its first 24 hours on retail shelves. Citing "internal estimates," EA said the sale was a 7 percent increase from last year's launch, making it the highest-performing launch title for the franchise for the console generation.
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Dustin Moskovitz

Zuckerberg Pal Moskovitz Sells More Facebook Shares

Dustin Moskovitz, the Facebook (Nasdaq: FB) co-founder, sold 450,000 more shares this week to raise about $8.9 million, a week after he sold his first tranche of 450,000 shares when the lock-up period for insiders expired.
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How The Fiscal Cliff May Impact Hiring

Following the Congressional Budget Office's (CBO) predictions of the imminent "fiscal cliff" that will send the U.S. economy into a recession after January 1, 2013, analysts are struggling to identity the true extent of the oncoming threat. While the CBO estimates that unemployment will increase to about 9 percent in the fallout from proposed "fiscal tightening" measures, Capital Economics suggested in a U.S. Employment Report published today that the effect on hiring may be more ...
Citrix Systems

Cloud Computing? Relates To Weather, Citrix Survey Finds

Americans have no idea what cloud computing is, with many believing it relates to the weather, or even pillows, drugs and toilet paper, a new survey commissioned by enterprise software developer Citrix Systems Inc. (Nasdaq: CTXS) found.
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Zynga Regains Facebook Prominence Amid Continuing Departures

Three weeks after Zynga launched its latest sim-style game "ChefVille" on Facebook -- the social media platform that Zynga itself blamed for most of its current financial woes -- the game developer is slowly crawling its way back to the top of the social gaming food chain, new data shows.
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Yelp Shares Soar 25% As Lockup Expires Contra Facebook’s Huge Decline

Shares of Yelp Inc. (Nasdaq: YELP), the provider of online reviews of local businesses and restaurants, surged more than 25 percent Wednesday as the lock-up period for insiders expired, allowing them to sell stock in the San Francisco-based company for the first time since its march 1 initial public offering.
Apple iPhone 5 Event May Introduce AirPlay Direct To iOS Family

Apple iPhone 5 Event May Introduce AirPlay Direct To iOS Family

A new report on Tuesday said Apple is planning to upgrade its wireless music streaming technology known as AirPlay in the coming month. Word is the announcement will come when the company debuts the new iPhone. The new technology, using the working title "AirPlay Direct," is said to eliminate the need for a Wi-Fi network, which means that iOS devices like iPhones, iPads, and iPod Touchs may be able to beam music directly to a speaker system.
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KKR May Invest More Than $1B In Japan’s Renesas Electronics

Legendary private equity investor Kohlberg Kravis Roberts (NYSE: KKR) may seek to acquire control of Japan’s Renesas Electronics (Tokyo: 6723) for a 100 million yen (US $1.27 billion) investment, which would be its largest in Japan, financial news agencies reported.
Boeing Airbus

Boeing, Airbus Battleground Shifts To Asia-Pacific

As the deepening sovereign debt crisis in Europe dampens air travel demands in the region, the world's two largest airplane makers, Boeing Co. (NYSE: BA) and Airbus S.A.S. (EPA: EAD), are now bringing their fierce competition to the Asia-Pacific skies.
laptops

IDC Shaves PC Forecast To Below 1% After HP, Dell Report Poor Results

IDC revised its forecast for this year’s PC sales gains to only 0.9 percent, after the top U.S. giants, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), reported lower PC sales for their latest financial quarters. By contrast, tablet sales, headed by the iPad from Apple (Nasdaq:M AAPL) should surge 54 percent.
Apple iPhone 5 Already On Sale? Complete Set Of Components Sells For $199 In China [PICTURES]

iPhone 5 Features Rumors: 7 Ways Apple May Implement NFC

Given the multitude of rumors from the past year and the numerous patents in relation to the technology, it looks like Apple has invested considerably in NFC, and looks to implement the communication chip in a future iPhone. Quite possibly, we may see NFC in the next-generation iPhone, allegedly set to debut next month on Sept. 12, unofficially but most commonly called iPhone 5.
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Despite Apple U.S. Ban Call, Samsung Shares Advance At Home

Shares of Samsung Electronics (Seoul: 005930) rose 15,000 Korean won (US $13.21) in Seoul trading on Tuesday, despite requests by Apple (Nasdaq: AAPL), the world's most valuable technology company, to ban sales of as eight products in the U.S.

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