Apple Sees a Ripe Corporate Market

Apple Inc. will unveil Wednesday a new version of its computer operating software, a development that comes as the consumer-electronics giant makes a more aggressive move to expand in a market that has historically eluded it: corporate customers.

Analyst: Palm May Be Acquired in the Next Two Years

Palm’s got potential–M&A potential. That’s the word from Deutsche Bank analyst Jonathan Goldberg, who believes there’s a good chance the company will be acquired in the next two years.

Bank of America Closing Branches You Never Went to Anyway

Remember the last time you set foot in a real brick-and-mortar bank? Me either. And we’re not the only ones. With more and more people managing their financial affairs via PC and mobile device, a bank’s retail presence no longer need be as ubiquitous as it once was. The latest institution to realize this–Bank of America, which, according to The Wall Street Journal, plans to close up to 10 percent of its 6,100 branches across the country over the next three-to-five years.
bofa

Cloud Gaming?

Amazon’s Kindle 2 Improves the Good, Leaves Out the Bad

Walt finds that Amazon.com has fixed the worst design flaws in the Kindle, its popular electronic-book reader, while maintaining the excellent book-buying experience that made the first model tolerable despite those problems.

Nokia Tumbles, Warns It Will Lose Share in Q3; Other Handset Stocks Also Lower

Nokia (NOK) this morning warned that it now expects its mobile device market share in the third quarter to be down from the second quarter. The company had previously said it expected its share of the market to be sequentially flat.

FCC Greenlights First Ad-droid Phone

The HTC Dream, the first handset based on Google’s Android mobile platform, has been given the Federal Communications Commission seal of approval. With that last hurdle cleared, the device is ready for market–though it looks like it may now arrive a bit later than expected.

Schmidt to Cuban: Only a Moron Would Worry About YouTube

Entrepreneur Mark Cuban once said “only a moron would buy YouTube,” the implication being that Google was exactly that for purchasing the popular video site. And some would say it is. To date, the company has seen little but accusations of copyright infringement, litigation and skyrocketing legal fees from its investment.