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Seriously, Blockbuster can't seem to get a break. In a recent SEC filing, the company identified 18 percent of its retail outlets it deemed unprofitable and announced plans to close up to 960 stores by the end of 2010. That's divided into up to 685 by the end of this year and the remaining 275 the

5 years ago 0 Comments
September 15, 2009 at 8:32PM
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Apple's pretty famous for using subscription accounting for the iPhone and Apple TV as a way to bend the rules and offer free software updates after purchase -- basically, instead of putting all the money from the sale on the books at once, the company's accountants spread the revenue out over two y

5 years ago 0 Comments
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After proclaiming that the world doesn't care about SED, could we be lured back into the endless wait for this tech to finally appear? Probably not, but you might, so we should mention Peter Putnam of Roam Consulting's post-NAB 2009 report that Canon is still investigating making displays available

5 years ago 0 Comments
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As depressing as it is to see an American icon come this close to collapse, is it really any surprise? While the world kept turning, Netflix kept reinventing itself and movies found their way onto the internets (legally), Blockbuster sat still... and that's putting things nicely. Sure, it tried the

5 years ago 0 Comments
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As depressing as it is to see an American icon come this close to collapse, is it really any surprise? While the world kept turning, Netflix kept reinventing itself and movies found their way onto the internets (legally), Blockbuster sat still... and that's putting things nicely. Sure, it tried the

5 years ago 0 Comments
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Intel's been making noise about AMD's Globalfoundries manufacturing spinoff potentially violating the two companies' patent cross-licensing agreement for a while now, and it looks like things are escalating: AMD's latest SEC filing says that Intel's formally threatened to terminate the license if AM

5 years ago 0 Comments
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Remember wild-man McNamee's predictions last week of death to the iPhone and all sorts of other Pre-related wonderment? We read and we chuckled and we moved on, but someone took his statements a little more seriously -- Palm. Yes, the company Roger was talking up, the company in which his firm Elev

5 years ago 0 Comments
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Remember wild-man McNamee's predictions last week of death to the iPhone and all sorts of other Pre-related wonderment? We read and we chuckled and we moved on, but someone took his statements a little more seriously -- Palm. Yes, the company Roger was talking up, the company in which his firm Elev

5 years ago 0 Comments
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Well, it looks like RIM's top executives weren't about to get off the hook after just paying a little fine to the Ontario Securities Commission over that backdated stock options issue, as the US Securities and Exchange Commission is now getting on the act with some charges of its own. In a bit of a

5 years ago 0 Comments
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Well, it looks like RIM's top executives weren't about to get off the hook after just paying a little fine to the Ontario Securities Commission over that backdated stock options issue, as the US Securities and Exchange Commission is now getting on the act with some charges of its own. In a bit of a

5 years ago 0 Comments
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Microsoft's newly-announced layoffs and declining profits aren't the only bad news in Redmond -- according to the company's quarterly statements, Zune platform revenue decreased $100 million, or 54 percent compared to the same quarter last year, due to falling device sales. Mega-ouch. Not all is d

5 years ago 0 Comments
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Mississippi State can be proud of more than reigning SEC Coach of the Year Sylvester Croom, with a biggest-in-the-SEC (but not as big as Texas) $6.1 million HD video board under construction for its debut October 2008. Nestled in the south end zone of Scott Field the total board measures 152 feet w

6 years ago 0 Comments
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Well, wouldn't you know it? After assuming that Raycom would follow in the footsteps of the ESPN networks and FSN, along comes a tipster to show that said network already has upped its commitment to HD. This season, Raycom has promised to deliver every single one of its SEC football matchups in high

6 years ago 0 Comments
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After the SEC more or less cleared Apple of those pesky backdating charges and a California court dismissed a shareholder class-action lawsuit accusing the company of improper accounting procedures, it looked like the good times were over, but fear not: another institutional investor has filed suit

6 years ago 0 Comments
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Qualcomm's proxy statement filing with the SEC last week revealed some juicy tidbits regarding subsidiary MediaFLO USA's performance in fiscal year 2007, and as might be expected, the numbers aren't so hot. The mobile TV outfit's revenue isn't broken down specifically, but Qualcomm calls it out as l

6 years ago 0 Comments
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It's not easy being Steve Jobs. When you're not jet-setting around the world, introducing your disappointing EDGE-only iPhone to the European market, you're getting subpoenaed by US securities regulators over a lawsuit concerning stock option backdating. According to reports, El-Jobso has been calle

7 years ago 0 Comments
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Looks like a heartfelt apology just wasn't enough for the SEC -- the agency is expected to fine formerly high-flying communications company Nortel up to $100 million this week for inflating revenue on quarterly reports by an estimated $3.4 billion. The SEC is also suing a handful of former Nortel ex

7 years ago 0 Comments