Eight Deals Aim to Hit the Market

The business of going public is starting to heat up again. Eight stock offerings aim to start trading in the second half of the week, more than twice the amount in all of January so far.

A Bad Day for the Salesforce Kool-Aid (Video)

Hedge fund manager Whitney Tilson questions Saleforce.com’s valuation, and the shares promptly fall.
Marc Benioff on TV

Dow Slides 5.5 Percent, Ending Below 11,000

U.S. stocks tumbled in a Monday rout that sent the Dow Jones Industrial Average down 5.5 percent, plunging below 11000 for the first time since November, as investors fled from risky assets in the first trading session since Standard & Poor’s downgraded the federal government’s credit rating late Friday.

Dow Tumbles 500 Points, Putting It in Red for Year

Stocks plunged, driving the Dow Jones Industrial Average to close down more than 500 points, as investors appeared to lose faith in the ability of the world’s policy makers to revive the global economy and stave off a rolling debt crisis in Europe.

Hewlett-Packard Authorizes $10 Billion Stock Buyback

Hewlett-Packard’s board of directors has authorized the company to buy back $10 billion worth of the company’s shares, according to a regulatory filing.
hp

Sputtering Video

Walt answers a reader’s question on what to do about online videos that start and stop throughout.

News Byte

Holiday Retail Sales Not as Jolly as Expected

Retail stocks are diving this morning on news that the month of December did not perform as strongly as expected. However, that weakness was offset by a strong November, allowing retailers to celebrate their strongest holiday sales increase since 2006, AP reports. Online spending may eventually brighten the picture, since some retailers don’t include e-commerce in their monthly figures. Americans spent a record amount online this season, jumping 13 percent over 2009.

iPod Stocks Dwindling in Advance of Sept. 9 Apple Event

If you’re a student planning on taking advantage of Apple’s “Buy a Mac, get a Free iPod touch” back-to-school promotion, you might want to plan a trip to the Apple Store in the very near future. Because sources in the Apple reseller community tell Ars Technica that it looks like the company’s current iPod line is being discontinued.
nanocam

Yahoo Finally Rolls Out New Homepage to the Masses–and, Drum Roll, It's Good (Plus Screenshots)

Although it’s not news that Yahoo was readying a new version of its homepage and has spent a lot of time doing so–in fact, it’s gone all Handy Manny with a whole lot of test renovations–the Internet giant begins the massive rollout of it tomorrow. The official launch of what was code-named “Metro,” which Yahoo had previously said was coming in the fall, will take place on an opt-in “beta” basis for the hundreds of millions of users in the U.S. and will be extended to France, the U.K. and India later this week. The change is an important one for Yahoo, since its front page–one of the most trafficked on the Web–is perhaps its most powerful calling card to users and advertisers, as well as to Wall Street. Here are the details and also an interview about it all with Yahoo SVP Tapan Bhat, as well as screenshots of the new page.
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New iPhone Is Better Model–Or Just Get OS 3.0

Apple’s new iPhone 3G S and OS 3.0 offer plenty of new features. But the software may be enough of a boost to keep many users from buying the new model, Walt Mossberg writes.

Grave New World

Uh-Oh: Tech Trouble, Part 1?