Ballmer: Yahoo acquisition won't happen

Microsoft CEO Steve Ballmer said a Yahoo acquisition is still off the table, despite Yahoo CEO Jerry Yang's decision to step down.

Wall Street reaction to Apple’s “Let’s Rock” event

Section: Apple News, Steve Jobs, Conferences Investors clearly had high hopes for Apple’s ”Let’s Rock” event. The stock, which began the day at $156.99, spiked nearly two dollars to $158.83 a few minutes before the event began. During the event, however, the stock shed nearly five dollars, to end at $153.24. After the event closed, the stock began a slow, upward trend, but still has yet to reach its starting price or peak volume. So, what were investors looking for that has them so disappointed? Something else: Nearly all of today’s product announcements were leaked early. iTunes 8 with Genius features. Redesigned Nanos. Refreshes to the iPod Touch line. iPhone OS 2.1. Investors already had this news, for a few days in some cases, so the impact of these product announcements was likely already factored into the share price. Brand new products: Apart from new headphones and some iPod/iPhone games, Jobs’ keynote was devoid of any majorly new products, such as a rumored netbook or tablet computer. Steve still looks skinny: Though this is better suited to a gossip mag than Wall Street, real fears about Jobs’ health have spooked investors, who fear the loss of Apple’s iconic (maniacal?) CEO would spell the end of Apple’s rise. Mention of iPhone bugs: The release of the iPhone/iPod Touch OS 2.1 update, which targets “significantly improved battery life, fewer call drops, crashing problems, and increased speed for iTunes backups.” News of iPhone troubles tend to scare investors, who prefer a wait-and-see approach to software development, commonly known as SP1 syndrome. Volume and price are steadily, if slowly, increasing. Whether the Let’s Rock event will provide an overall net gain for shareholders, however, remains to be seen. Via [Gizmodo] Full Story » | Written by Aaron Kraus for Appletell. | Comment on this Article »

Panasonic, Sanyo to start acquisition talks

Panasonic will start discussions to take over Sanyo Electric with the aim of reaching a deal by the end of this year, the two Japanese companies said Friday.

Apple's New iPhone Attracts Big Crowd, But There's A Glitch (Investor's Business Daily)

Investor's Business Daily - Apple's much-anticipated iPhone 3G arrived Friday with tech enthusiasts lining up at stores -- and many enduring problems trying to activate the devices.

Intel tosses hat into SSD ring with 80GB launch

Intel's new 80GB SSDs have launched today, and the company claims it's significantly improved performance, reliability, and power consumption compared to equivalent SSDs on the market. Intel's entry into this market, and the volume that implies, could mark a crucial turning point in SSD adoption.Read More...

Opinion: How RIM can stop the iPhone onslaught

RIM's BlackBerry is the leader in the smartphone market today, but now that the iPhone 3G has become more attractive to both consumers and the enterprise, RIM needs to stop the iPhone onslaught as soon as possible.Read More...