Minneapolis - Best
Buy interim CEO Mike Mikan pulled no punches in assessing the company's status
during his first earnings call with investors this morning.
Arlington, Va. - Consumer confidence in technology increased
in May, while consumer confidence in the overall economy dropped, according to
the latest CEA Index
Santa Clara, Calif. - Hewlett-Packard and Apple retained
their respective leads in the laptop and tablet categories for the first
quarter, according to DisplaySearch's
Mountain View, Calif. - Google closed its acquisition of Motorola
Mobility, named a Google executive to replace Motorola CEO Sanjay Jha, and
hired other new members to
Minneapolis - Restructuring charges for 41
previously announced store closures dragged down Best Buy's fiscal first-quarter
net earnings 26 percent to $158 million.
Dallas - Nebraska Furniture Mart has received
a New Development Deal of the Year Award from the Dallas Business Journal for
its planned retail and entertainment
Taoyuan, Taiwan - U.S. customs has inspected some HTC
smartphones to ensure they don't violate an Apple patent and have released some
of them to U.S. carriers, HTC