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Posts Tagged ‘billion’

Why You Should Learn to Speak German

October 31st, 2008

Germany is at the heart of Europe, both geographically and culturally. Be it in the clean Alpine air, or in uber-modern Berlin, Germany will provide a great learning experience. Germany is a major industrial center in Europe. It is well known for its automobile manufacturing including the luxury Mercedes, the sporty Porsche and BMW, and Volkswagen. Germany is therefore the international leader in the field of biodiesel production. Meanwhile, biodiesel is on offer at 1, 900 petrol stations in Germany Read more…

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CBS’s Moonves Has Big Plans for CNET

October 9th, 2008

Anyone who knows Leslie Moonves, CBS’s gravel-voiced CEO, knows he doesn’t like to lose. This is the guy who kept a punching bag in his Los Angeles office to take out his frustrations, and who engineered one of TV’s great turnarounds, lifting his network from the ratings heap to No. 1 three years after joining the faded Tiffany Network in 1995. You can understand why the 59-year-old programming genius probably wasn’t doing backflips when he was given the so-called "slow-growth asssets" back in 2005, when Viacom (VIA) Chairman Sumner Redstone split that company into two pieces. The guy who still frets over casting choices for CBS’s prime-time lineup wasn’t going to be satisfied simply issuing dividends and buying back the $14 billion company’s stock.
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U.S. Tech Exports Slip

October 9th, 2008

Last year, U.S. technology exports fell for the first time in five years amid lower demand from some of the biggest importers, according to the AeA, a tech industry trade group formerly called the American Electronics Assn.
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Has Dell’s Comeback Hit a Roadblock?

October 9th, 2008

Dell’s turnaround plan veered off course during the summer. The PC maker reported on Aug. 28 that its fiscal second-quarter profits slumped 17% on aggressive price cuts, and the company warned of up-and-down profit margins for the next several quarters. The disappointing results came during a strong earnings season for other tech firms, and investors pushed down Dell’s (DELL) share price 10% in extended trading.
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Nortel: Would a Breakup Be Best?

October 9th, 2008

Wall Street securities firms aren’t the only bearers of bad news these days. On Sept. 17 telecom equipment maker Nortel (NT) trimmed growth forecasts and said it’s likely to announce cost-cutting measures such as staff reductions.
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Where’s the Money in Online Video?

October 9th, 2008

The sharp growth in online video viewing, increasing availability of TV online, and proliferation of high-quality, Web-originated content has made it easy to point the arrow for online video advertising up and to the right. But while video will probably continue to be a bright spot of growth in a dull economy, that’s mostly because it’s just getting started. The reality is revenues will be close to nothing for a long time, and the growing number of tech entrepreneurs and creative types in the space should probably be worried that industry watchers are now cutting their expectations for growth in online video revenues based on factors other than the shaky U.S. economy.
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Oracle Dives Headlong into Hardware

October 8th, 2008

Larry Ellison kicked off his annual speech to Oracle (ORCL) customers by comparing the engineering behind his new America’s Cup racing yacht to Oracle’s products. "Like a lot of families, I’m holding down two jobs, " he quipped.
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