OverTheLimit

Apple has announced a delay for their Apple TV software update by a few weeks.
Apple stated that they need more time to finish the upgrade to Apple TV to allow people to rent movies from iTunes directly to their television.
Apple put out a statement saying “Apple now plans to make the free software download available […]

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Paypal, owned by eBay Inc., announced that they will purchase Israeli company Fraud Sciences for $169 million.
eBay has stated that the purchase of Fraud Sciences will allow them to further build up their web safety on both Paypal and eBay.
eBay will not make the transaction have any material value in its 2008 outlook but beyond […]

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Amazon has come out and announced that they are bringing their Amazon MP3 service global as they are bringing their online music store worldwide.
Amazon has been making a big push to take a run at the throne Apple currently holds with the iTunes music store.
They stated on Sunday that they are going to begin to […]

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Yahoo is expected to lay off several hundred employees as they will soon announce that they are cutting many jobs.
Yahoo is thinking about cutting anywhere from 1,500 to 2,000 jobs according to reports. This will all take place within the next two weeks. The reason for the job cuts is so that Yahoo […]

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Oprah Winfrey is teaming up with Discovery Communications in a deal which will hand over the Discovery Health network to Oprah Winfrey.
The cable network is going to be renamed OWN, the Oprah Winfrey Network.
Winfrey will be the chairman of the new cable network venture. She stated that it is “the fullfillment of yet another […]

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Intel stated that their fourth-quarter profits rose 51%, but due to a week outlook for the first quarter, the Intel stock saw a 15% drop late in the trading day.
Intel stated that fourth-quarter sales rose 10.5% to $10.7 billion while net income hit $2.27 billion.
The earnings per share were at 38 cents.
Intel’s projected revenue for […]

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Apple should be smiling as shares of Apple stock rose heading into the big Macworld 2008 event.
Shares of Apple Inc. rose on Monday as fans and shareholders highly anticipate some major announcements from the company at their annual Macworld conference and expo. Apple is expected to announce that they are going to go into […]

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According to reports, Mercedes-Benz is working on a compact sports utility vehicle to hit the U.S. auto market in 2008.
The Chief Executive Dieter Zetsche stated that the compact sports utility vehicle is called the Vision GLK Freeside. He also revealed the Vision GLK Townside. Both were unveiled on Sunday at the North American […]

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The Chief Executive Bob Ulrich will step down as the head of Target after holding the post for 14-years.
The 64-year-old Ulrich will retire and leave his post as of May 1, 2008. He will be replaced by the current president of Target, Gregg Steinhafel. The 52-year-old Steinhafel sure has some big shoes to […]

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The star investment banker Alan Schwartz is going to replace James Cayne as the chief executive of Bear Stearns Cos Inc.
73-year-old Cayne held the CEO position for Bear Stearns for 15-years. He was known as someone who could get very aggravated at times and was hot-headed.
Michael Ehrlich, who worked under him, stated “Even when […]

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