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Forbes (blog)



Android App Turns Smartphones Into Mobile Hacking Machines - Forbes (blog)
Another professional penetration tester for a defense contractor firm who asked that his name not be used called the app a “quick and dirty Swiss army knife for mobile pen testing.” “It's so polished it's almost like playing a video game,” he says, ...
August 5, 2011


Apple Delays IPhone 5 to October - Forbes (blog)
By MOBILEDIA Apple is delaying the release of the iPhone 5 to October, according to people familiar with the matter, as the next-generation device suffers another in a series of setbacks. The Cupertino, Calif.-based company, which had scheduled a ...
August 1, 2011


Bank Stocks Taking A Beating - Forbes (blog)
From Bloomberg: The fixed-income unit failed to deliver on a promised revenue increase last year, leading to the missed target, according to a person with direct knowledge of the figures. It has been beset by management turnover, weak markets, ...
July 18, 2011


Zynga Bid $1 Billion In Cash For PopCap Games, Source Says - Forbes (blog)
The social gaming company Zynga offered $1 billion in cash to acquire PopCap Games, but was turned down in favor of a more complex and potentially more lucrative offer from Electronic Arts, according to a source close to the deal. ...
July 13, 2011


Microsoft: Investor Calls For Massive Buyback, Big Div Hike - Forbes (blog)
... Seeking Alpha a letter to the Microsoft board from a fund manager who chose to remain anonymous (the letter said the fund in question owns over 11 million Microsoft shares) calling for the company to return a large amount of capital to investors. ...
July 12, 2011


ESPN Basketball Reporter Sues New York Post Columnist For Libel - Forbes (blog)
Sheridan cited an anonymous source. Anthony was indeed traded to the Knicks in February, an event that Sheridan's lawsuit humbly describes as “one of the most important stories in New York City basketball over the past forty (40) years. ...
June 16, 2011


Joaquin Guzman Has Become The Biggest Drug Lord Ever - Forbes (blog)
“Chapo has a vast criminal enterprise and he has become the leading drug trafficker of all time,” says a senior US Drug Enforcement Administration official who regularly travels to Mexico and requested anonymity because of security concerns. ...
June 15, 2011


The World's 10 Most Wanted Fugitives - Forbes (blog)
“Chapo has a vast criminal enterprise and he has become the leading drug trafficker of all time,” says a senior US Drug Enforcement Administration official who regularly travels to Mexico and requested anonymity because of security concerns. ...
June 14, 2011


Turkey's Economy is Booming. Does That Mean The End of Democracy For Its People? - Forbes (blog)
Moreover, my friend, who asked to remain anonymous, noted: “The elections themselves may be suspect, as I was unable to vote for the candidates I wanted to at the airport; their names didn't appear on the election ballot paper.”
June 12, 2011


Losing Session Gets Some Life On Plan For Greece - Forbes (blog)
Reuters said Euro zone officials were close to a three-year plan that would involve increased funding for the Mediterranean country, citing a source close to the negotiations among senior euro zone officials. The report helped US stocks cut losses in ...
June 2, 2011


Sprint Files FCC Petition Against AT&T/T-Mobile Merger - Forbes (blog)
AT&T's desire for more spectrum while it is “sitting” on available spectrum is “absurd,” and shows that the company has an outdated, arrogant view of the business, contend sources close to Sprint. A section in Sprint's filing attempts to represent this ...
May 31, 2011


Fund Manager Einhorn Goes Long Microsoft, And The Mets - Forbes (blog)
The Mets appear to have settled on a buyer who will give them at least $200 million for less than 49 percent of the team and will not receive a portion of SNY, the team's profitable cable network, a person briefed on the matter said.
May 26, 2011


Facebook To Launch Music Service With Spotify - Forbes (blog)
Facebook has partnered with Spotify on a music-streaming service that could be launched in as little as two weeks, sources close to the deal have told Forbes. The integrated service is currently going through testing, but when launched, ...
May 25, 2011


Sources: Yahoo Spurned New Offer By Jack Ma For Part of Alibaba Stake - Forbes (blog)
I received a copy of the Ma offer, which was made late last year through a vehicle called Neptune Investment Holdings, from one source on the condition of anonymity, and the outlines of the offer were confirmed by a second source. ...
May 25, 2011


Yahoo's Board Still Backs CEO Bartz, Source Says - Forbes (blog)
Update: A source close to Yahoo this afternoon said he's talked to several of the company's directors who say the board remains fully supportive of CEO Carol Bartz, despite this week's hoo-hah over the transfer of control of the online ...
May 13, 2011


Bloom Energy: “We've seen your Box and it isn't worth $1 million.” - Forbes (blog)
“We looked at their box,” said one East Coast utility executive who asked to remain anonymous. “We listened as they went on and on about how great it is. Well, it may be great, but it still isn't worth $1 million.” California regulators have taken a ...
May 13, 2011


So Much For Tough Stance On Robo-Signing, States May Ease Foreclosure Settlement - Forbes (blog)
... to propose that as much as $5 billion be used to compensate any borrowers previously wronged in the foreclosure process and provide transition assistance for borrowers who are ousted from their homes, according to people familiar with the matter. ...
May 11, 2011


Tampa Bay Lightning To Post Huge Loss This Year Despite Stanley Cup Run - Forbes (blog)
But the Lightning will still post a pretax loss of around $30 million even if they reach the finals, according to a person familiar with the Lightning's finances. In large part this is because the league's new collective bargaining agreement, ...
May 2, 2011


The Real Life Black Ops Mission that Killed Osama Bin Laden - Forbes (blog)
... ordered Friday by Obama encountered outer walls up to 18 feet tall topped with barbed wire, with two security gates and a series of internal walls that sectioned off different portions of the compound, the senior administration officials said. ...
May 2, 2011


Tom Gaglardi Makes Offer To Buy Dallas Stars Without Cash - Forbes (blog)
Tom Gaglardi has offered to buy the NHL's Dallas Stars and 50% of American Airlines Center from the bankers who took over the team from Tom Hicks for $100 million of assumed debt, according to a person familiar with the deal. ...
April 29, 2011


eBook Evolutions: Publishers - Forbes (blog)
“They're training their customers away from brand name authors and are instead creating visibility for self-published titles,” one senior publishing executive who asked not to be identified, says of Amazon. As digital sales surge, publishers are ...
April 26, 2011


Why Didn't WikiLeaks Reporting Earn A Pulitzer? The NY Times Didn't Submit It - Forbes (blog)
Despite its intense, often-impressive coverage of WikiLeaks' Afghan War Diaries, Iraq War Logs, and many of the thousands of the leaked State Department cables it has so far released, a source close to the Pulitzer submissions process tells me that the ...
April 19, 2011


Lynn Tilton: The Wild Woman of Wall Street - Forbes (blog)
Several former employees, who declined to be named because they're afraid of being sued, complain that Tilton, 51, uses her sexuality as a blunt instrument. Some recall the 50th birthday party Tilton threw for herself at the office, where employees did ...
April 7, 2011


OMB prepares for open gov sites to go dark in May - Forbes (blog)
One government official, who requested anonymity because they didn't get permission to discuss the topic, said funding will begin to run out on April 20 for public sites IT Dashboard, Data.gov and paymentaccuracy.gov. The source said OMB also is ...
April 1, 2011


FCC Decision On Cellular Signal Boosters Imminent - Forbes (blog)
The official, who asked not to be named because these developments have not been publicly announced, said two elements would be released at the meeting: a declaratory ruling on the booster issue and a notice of proposed rulemaking. ...
March 17, 2011


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