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Wall Street

NYT: Hulu planning an IPO?

August 16th, 2010

The New York Times is reporting that streaming video site hulu.com is in talks with investment banks to go public as soon as this fall. The Times cites “people briefed on the matter,” and goes on to say that the IPO could “value the company at more than $2 billion.” Hulu is a joint venture …

More chatter about a Verizon Wireless iPhone hit Wall Street

June 23rd, 2010

Analysts are contributing in tandem to the rumor mill today by proclaiming the inevitability of a Verizon Wireless-branded iPhone. First is Ben Reitzes of Barclays Capital, who says a Verizon Wireless iPhone could enter production in Q4 2010 and land in the first calendar quarter of 2011. Reitzes estimates that Verizon could sell as many as 9 million iPhones next …

Trouble on Wall St. means trouble for manufacturers and carriers

September 20th, 2008

That dude pictured above doesn’t look too happy, and who can blame him? He’s probably a tech geek, if not a Blackberry user who is sharing the worries and woes of the mobile telecommunications industry, which is heavily affected by the current economic downturn. With several banks and financial institutions being bailed out by the …