Category: Financial Markets

Amazon in the Music Cloud! The internet retailer beats Apple and Google in the race for the Music Cloud, taking on the sleeping music labels.

Amazon in the Music Cloud! The internet retailer beats Apple and Google in the race for the Music Cloud, taking on the sleeping music labels.

On Tuesday Amazon.com launched the “Amazon Cloud Drive”. The service allows users to host all their music in the cloud and stream it to a PC, smartphone or tablet. The problem with this gigantic step is, the record labels are not pleased with that move, because they don’t know how...

AT&T swallows T-Mobile for $39 Billion!

AT&T swallows T-Mobile for $39 Billion!

http://www.facebook.com/widgets/like.php?href=http://themainstreetanalyst.wordpress.com/2011/03/20/att-swallows-t-mobile-for-39-billion/ AT&T acquires German T-Mobile USA for cash and stock deal valued $39 Billion.  The deal is subject to regulatory approval and can be expected to close in about a year. The deal will give Deutsche Telkom a stake of approx. 8% and a seat on AT&T’s board.

He did it again! Steve Jobs and Apple raise the bar!

He did it again! Steve Jobs and Apple raise the bar!

>The much anticipated introduction of the iPad2 took place today. Much more important, it took place with Steve Jobs. Because Steve Jobs was there and the product is good, it ended as it always does: Apple fans and competition are blown away, for different reasons of course. For Apple fans...

Apple and succession – Or, the Apple World after Steve Jobs

Apple and succession – Or, the Apple World after Steve Jobs

>A lot of talk currently about Apple and Steve Jobs. Rather than talking about the good news, investors, analysts and everyone else seems to focus on Jobs’ health and Apple’s succession plans. Some institutional investors turn up the heat and demand a detailed plan for the time after Jobs. One...

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