Vikram’s Goose Cooked? Citigroup Shares Plunge, Again

Citigroup’s shares fell sharply for the second day in a row. On Thursday, Citigroup shares fell over 26% to $4.71, marking the second day the bank’s shares have dropped so sharply. In intra-day trading, Citigroup’s shares fell as low as $4.39. The stock fell 23% the previous day. Here are the two big questions now: […]

Nokia Sets Up Hollywood Research Lab

Mobile phone giant Nokia has established a research lab in Hollywood to explore new entertainment experiences that combine the physical and digital worlds. The new Nokia Research Center Hollywood plans to work on technologies surrounding the media industry like film, music, games, web and TV, all in the context of the mobile space. Nokia said […]

Microsoft Tries New Gimmick to Push Zune

Unless you’ve just come in from another planet, you know that Microsoft’s Zune digital music player is a disaster. We’ve long believed that only schmucks and trash lovers buy Zune. Serious music lovers have already purchased Apple’s iPod, which is available in different models and is also part of the popular iPhone. In the latest move […]