News Byte

Online Travel Agencies Pounce on Obama’s Plan to Encourage Tourism

President Obama outlined a plan today that would encourage more tourists to visit the U.S. — an announcement welcomed by online travel agencies. The plan includes deploying more consuls, reducing visa-processing times and revising the list of countries whose citizens don’t need visas.

Samsung’s 10-inch Tablet to Ship as Announced, Despite Apple’s iPad 2 Announcement

A day after a Korean news agency report suggested Samsung might be rethinking its plans for a large-screen tablet, Samsung reaffirms its 10-inch Galaxy Tab will ship as originally planned, despite Apple’s iPad 2 announcement. Nor does Samsung appear to be stopping there. An invitation to an upcoming cell phone trade show in Orlando suggests that an 8.9-inch tablet is also on its way.

Disney: Online Ads Have Been Softening for a While

The conventional wisdom is that the digital ad market started sputtering this fall. But Disney CFO Tom Staggs hints that it has been weakening for much of the year. So what does that mean for 2009?

Yahoo Share Price Microsoft CEO's Newest Cat Toy

With Yahoo’s stock trading at a 52-week low of $11.37, how could Microsoft CEO Steve Ballmer fail to comment on the discrepancy between the company’s current share price and the spurned $33-a-share bid Microsoft made for Yahoo earlier this year? Speaking at the Gartner ITXpo in Orlando, Fla., this morning, Ballmer said that a Microsoft (MSFT) acquisition of Yahoo or its search business would still “make sense economically” for shareholders at both companies. That remark spiked Yahoo’s shares as much as 17 percent, though Microsoft quickly claimed it has no interest in acquiring the company.

Yahoo Share Price Microsoft CEO’s Newest Cat Toy

With Yahoo’s stock trading at a 52-week low of $11.37, how could Microsoft CEO Steve Ballmer fail to comment on the discrepancy between the company’s current share price and the spurned $33-a-share bid Microsoft made for Yahoo earlier this year? Speaking at the Gartner ITXpo in Orlando, Fla., this morning, Ballmer said that a Microsoft (MSFT) acquisition of Yahoo or its search business would still “make sense economically” for shareholders at both companies. That remark spiked Yahoo’s shares as much as 17 percent, though Microsoft quickly claimed it has no interest in acquiring the company.