Tesla Motors (TSLA) late Wednesday said it has sold a $30 million stake to Panasonic (PC) in a private placement priced at $21.15 a share.
The electric car company noted that Panasonic is the world’s leading battery cell manufacturer; Tesla uses Panasonic cells in its battery packs.
TSLA on Wednesday rose 52 [...]
Article courtesy of BARRONS.com: Tech Trader Daily
I missed this entirely yesterday, but found this fascinating: Japan-based DeNA, a mobile gaming company, yesterday announced a deal to acquire ngmoco, a Kleiner Perkins-backed San Francisco-based mobile gaming startup, for up to $400 million in cash and securities. DeNA says it will now be “the world’s largest mobile social [...]
Article courtesy of BARRONS.com: Tech Trader Daily
American Superconductor (AMSC) this morning said it has received “the world’s largest order for higher temperature superconductor wire” from Korean-based LS Cable, which it says is the world’s third-largest cable manufacturer. The company said the order is for 3 million meters of wire. Shipments are to begin in 2012.
The company [...]
Article courtesy of BARRONS.com: Tech Trader Daily
This month, the total number of worldwide subscriptions to wireless services will hit 5 billion, a total equivalent to about 73.4% of the world’s population, according to market research firm iSuppli.
The research firm expects the total to increase by another 100 million to 5.1 billion, or 74.5% of the Earth’s [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Shares of Power-One (PWER), which makes solar inverters, have been hard today after rival SMA Solar warned that it expects a sharp drop in margins in 2011 as some countries reduce solar subsidies. Germany-based SMA Solar is the world’s largest provider of solar inverters, which are used to convert the [...]
Article courtesy of BARRONS.com: Tech Trader Daily
In a clear demonstration that the Oracle (ORCL) board sees the world a lot differently than the Hewlett-Packard (HPQ) board, Oracle on Monday announced that it has named former HP CEO Mark Hurd as president. (Or more precisely, co-president, since Safra Catz, who also has the title of president, remains [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Thanks to Paris, somewhere in the world, people are wearing really tacky, slutty clothes for a very good cause.
Paris Hilton
[Photo via]
Article courtesy of Los Angeles | Guest of a Guest – Los Angeles People, Places, Parties & Nightlife
If there’s one thing the world really needs, it would be another mobile phone operating system.
I mean really, all you have to choose from now is iOS 4, Android, WebOS, Windows Phone 7, BlackBerry OS, Symbian, MeeGo and a few others that have almost no traction. Not enough choices, right?
Well, [...]
Article courtesy of BARRONS.com: Tech Trader Daily
via guestofaguest.com: Suspense mounts as the world awaits the announcement of who will take Oprah Winfrey's place once The Big O leaves the building when she semi-retires in September 2011. Billy Gray evaluates his guesses for the next Oprah. MORE>>
Article courtesy of Los Angeles | Guest of a Guest – Los Angeles People, Places, Parties & Nightlife
So, what does the Apple (AAPL) iPhone 4 launch mean for the rest of the world?
There are lots of opinions on that subject around the Street this morning.
Netflix (NFLX) CEO Reed Hastings was on hand in San Francisco for the festivities yesterday, and unveiled plans to offer a Netflix client [...]
Article courtesy of BARRONS.com: Tech Trader Daily