Whether it means to or not, Sirius XM exudes terrestrial radio culture. That's why, as its CEO says, the stock "sucks."
By Rocco Pendola
As Jerry told George on a classic episode of Seinfeld:
You know you really need some help. A regular psychiatrist couldn't even help you. You need to go to like Vienna or something ... You need to get involved at the University level. Like where Freud studied and have all those people looking at you and checking up on you. That's the kind of help you need. Not the once a week for eighty bucks. No. You need a team. A team of psychiatrists working round the clock thinking about you, having conferences, observing you, like the way they did with the Elephant Man. That's what I'm talking about because that's the only way you're going to get better.
Sirius XM (SIRI) permabulls have become the George Costanzas of the stock market.
| Tags: | SIRITheStreetcom |
Concerns over slowing technology spending, uncertain growth in China and currency pressures could weigh down Apple shares.
Europe's debt crisis is already casting a shadow on second-quarter reporting season and even Apple (AAPL) may not be immune.
JPMorgan analyst Mark Moskowitz lowered price targets on 18 names in the information technology space on Thursday, citing concerns over slowing technology spending in the EMEA [Europe, Middle East and Asia] region as well as by the US government.
| Tags: | AAPLTheStreetcom |
Research suggests using social media sites may activate pleasure centers in the brain.
How does it feel?
Not when you give or receive a poke. How does it feel when you see others "like" your status update or comment "LOL" to your funny picture? Does it make you want to do it again and receive even more "likes" and comments?
A team of researchers recently published their findings in a study asking the question of what it feels like when people share personal information on social media sites like Facebook (FB), LinkedIn (LNKD) and Twitter .
| Tags: | FacebookTheStreetcom |
FarmVille 2 and a new social network, Zynga With Friends, among the highlights during Tuesday's press event.
In an effort to assuage investor concerns about its future and profitability, Zynga (ZNGA) announced several new games in the pipeline, a new social network, and opened up its platform to developers.
Speaking at the Zynga Unleashed event at its headquarters, CEO Mark Pincus reflected on the company's milestones, remembering when he thought only 50% of Americans would play games online. Today, 72% of them are gaming. "Search, shop and share are the most valuable things we do online, and we think play can join those ranks," Pincus said during the keynote speech. "We can make play one of those treasured activities that you can't live without."
| Tags: | TheStreetcomZNGA |
Microsoft's $1.2 billion acquisition of Yammer gets the company where it needs to be.
Microsoft's (MSFT) $1.2 billion acquisition of Yammer may have been Silicon Valley's worst-kept secret, but still represents shrewd business by the lumbering software giant.
Yammer, which competes with the likes of Jive Software and Salesforce.com's (CRM) Chatter product, touts hot technology for building enterprise social networks. The San Francisco-based firm has 5 million corporate users, including employees at 85% of the Fortune 500, and is deployed in more than 200,000 businesses. Consulting company Deloitte, for example, has rolled out Yammer to 190,000 employees.
| Tags: | MSFTTheStreetcom |
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[BRIEFING.COM] The major averages ended higher across the board as the S&P 500 advanced 0.8%.
Equities climbed steadily since the opening bell as investors prepared for tomorrow's policy decision from the Federal Reserve. Although chatter in recent weeks has included speculation the Fed would look to taper its asset purchases, today's broad gains suggest investors expect mostly reassuring words from Chairman Bernanke at tomorrow's press conference.
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