Quick Money

Paul Allen sues Apple, Google, Facebook, others over Web patents | Reuters

Google and Facebook blasted the lawsuit as "unfortunate" and "without merit."

via www.reuters.com

Is Paul Allen broke or being a total douchebag paten troll? Perhaps, it's a publicity stunt to launch his next venture...who knows, I just find it odd that he would be the frivolous litigation type.

millions-of-american-taxpayers-make-money-off-federal-taxes: Personal Finance News from Yahoo! Finance

provided by

via finance.yahoo.com

You can't make dick in this crappy stock markets anyway. You can thank the socialist government for our stagnant economy!

Trader nailed with $172 million bill in back taxes, asks 'What's the IRS?'

He failed as a day-trader and barely survived in New York on a beer budget, but Marcos Esparza Bofill has been hit with a $172 million tax bill by the IRS.

via www.nydailynews.com

Tips to traders, file your tax return if you lost money.

BBC News - US new home sales in sharp fall

25 August 2010 Last updated at 10:28 ET Share this pageFacebookTwitterShareEmailPrintUS new home sales in sharp fall Sales of new homes were the slowest since records beganNew homes sales in the US fell sharply in July, according to official data, adding to concerns over the weakness of the US economic recovery. The annualised rate of new homes sales fell 12.4% in July to a seasonally adjusted rate of 276,600 a year, the US commerce department said. On Tuesday, the National Association of Realtors also reported a sharp drop in sales of existing homes. Analysts fear the data could reflect the weakness in the US economy. The annualised rate represents what the total number of sales would be if the relative pace for that month were maintained for 12 consecutive months.

via www.bbc.co.uk

No jobs, no home sales...it's not rocket science to put this together!

Low prices and rates can't slow fall in home sales - Yahoo! Finance

WASHINGTON (AP) -- Home prices in many parts of the country scream bargain, and mortgage rates haven't been this low for decades. So why are houses across the nation sitting on the market for so long?

via finance.yahoo.com

If people don't have jobs, how are they supposed to 'buy' a home with high bank requirements?

seven-flaws-in-chinas-growth-model: Personal Finance News from Yahoo! Finance

Short term, China will keep growing rapidly, adding to demand and boosting the global economy. Long term, the picture's not so pretty.

via finance.yahoo.com

Interesting...

HP acknowledges rival tablet sales weakened laptop revenues; confirms HP tablet coming | VentureBeat

During Hewlett-Packard’s analyst conference call today, the company acknowledged that strong sales of rival tablet computers (such as the Apple iPad) have hurt sales of notebook computers.

via venturebeat.com

As predicted, the iPads have begun eating into PC's laptop / netbook market shares.

After raising $100M and launching a dud online game, Realtime Worlds heads for bankrupty | VentureBeat

Realtime Worlds was a promising game studio that probably got its hands on too much money. The Dundee, Scotland-based  company filed for administration, or bankruptcy protection, after raising more than $100 million. It’s a sad end to a nine-year journey for one of the video game industry’s pioneering creators, David Jones, the creator of Grand Theft Auto.

via games.venturebeat.com

Amazing how a company could blow away $100M. Must've been all those beer bashes and free lap dances.

FT.com / Technology - Intel to acquire McAfee for $7.7bn

Intel, the US chipmaker, said on Thursday that it would acquire McAfee, the antivirus software company, in a $7.68bn deal that would enhance its ability to combat hacking and viruses as it pushes deeper into mobile computing.

via www.ft.com

Maybe they'll put the antivirus software inside their chips and stop relying on microshit.

7 Amazon.com Insiders Sell $9.9M Worth - TheStreet

By Jonathan Moreland, founder of InsiderInsights.com and author of Profit From Legal Insider Trading.

via www.thestreet.com

They're selling because they know the iPad is kicking their kindle's ass!

GM files for IPO and plans dual listing - Yahoo! News

NEW YORK/DETROIT (Reuters) – General Motors Co filed for an initial public offering of stock on Wednesday, clearing a key hurdle toward repaying taxpayers for a controversial bailout just over a year after its bankruptcy.

via news.yahoo.com

My only hope is they allow the retail investors first dibbs to their IPO shares because we bailed their sorry ass out with our taxpayers' $$$.

Template for Your Business

via www.score.org

Thinking about starting your own business? Use these startup templates...

Mad Money: Cramer: Gov’t Should Sell GM Shares on eBay - CNBC

Retail investors deserve more than 30% of General Motors’ coming initial public offering, Cramer said during Monday’s Stop Trading!. And the government should be more creative about how it chooses to distribute shares when they hit the market this fall.

via www.cnbc.com

They better let retail investors get the better deal of the GM's IPO because after all, taxpayers bailed this loser company, not the INVESTMENT BANKERS!

Oracle sues Google over Android and Java | Relevant Results - CNET News

Java sucks anyway...Oracle should be greatful that someone is still coding in this shitty language!

Oracle Chief Faults H.P. Board for Forcing Hurd’s Resignation - NYTimes.com

SAN FRANCISCO — Lawrence J. Ellison, the chief executive of Oracle, denounced Hewlett-Packard’s directors on Monday for forcing the resignation of the H.P. chief executive, Mark V. Hurd, who is a friend of Mr. Ellison’s.

via www.nytimes.com

I agree, HP is stupid to fire Hurd...let's see how the feel when HP's stock flounders around $14 again.

Reuters Breakingviews - Skype I.P.O. Could Help Out Silicon Valley - NYTimes.com

Some Exuberance

via www.nytimes.com

Anyone uses Skype anymore?

Wall Street - Marc Faber Questions if Dow Could Hit 1,000 - CNBC

In the August edition of the ‘The Gloom, Boom & Doom Report’ Marc Faber questions whether the Dow could hit 1,000 as predicted by Robert Prechter, based on his interpretation of Elliot Waves, Fibonacci numbers and socioeconomic trends.

via www.cnbc.com

This prechter guy is indeed a lunatic...