Rob Glaser, founder of RealNetworks (NASDAQ:RNWK), resigned as CEO in January. Bob Kimball is its new president and interim CEO. Kimball joined the company in 1999 and for 10 years was responsible for legal matters and business development. During the fourth quarter earnings call, he outlined a plan to exit the content businesses and focus
The healthcare industry is set to undergo the most fundamental set of changes since the establishment of Medicaid in 1965 following the signing of the much-debated Health Care Reform Bill. The act, signed a few weeks ago, guarantees access to medical insurance to nearly 30 million Americans who currently lack it. It will require nearly 16
A recent report by the NPD Group said that U.S. toy sales were retlatively flat over the year at $21.47 billion in 2009 compared to $21.65 billion in 2008, with overall unit sales falling 0.5% over the year. Toy makers launched promotional events during the holiday season, which helped keep the revenues flat despite a
A Reuters report released in October of last year indicates that online education grew 13% over the year, compared with growth of over 20% in earlier years. But while growth may have slowed, it hasn’t stopped. Nearly 25% students take at least some college courses online, compared with 10% in 2002. A significant two million students take
In February, Micron (NYSE:MU) announced its plans to buy Numonyx and its NOR Flash technology for $1.27 billion. With this acquisition, Micron will broaden its portfolio and rival Samsung as a one-stop shop for memory. Let’s take a closer look.
Consumer Internet companies have seen some excitement recently, with Monster buying HotJobs from Yahoo! I would have liked to see the reverse happen, but Yahoo!’s strategy defies logic as far as I am concerned. Anyway, let’s take a closer look.
Christopher Danely, an analyst with J.P. Morgan Securities, recently speculated that Intel, which has about $13 billion in cash, will acquire Xilinx. A detailed analysis of his argument is available at EETimes. Hans Mosesmann of Raymond James Equity Research disagrees with this view, saying that Intel really wants to be relevant in wireless and smartphones,
Accenture (NYSE:ACN) seems to be struggling to keep up with the market’s expectations. Q2 results for the current fiscal were disappointing, with revenues of $5.2 billion falling 2% over the year. On a constant currency basis, revenues would have been 8% lower. EPS of $0.60 marked a decline of 5% over the previous year. The