Ticketmaster to Face Challenge From Former CEO

Fredric Rosen, who led Ticketmaster for 15 years, is poised to go head-to-head against his old company as CEO of Outbox Enterprises, a company that flips Ticketmaster’s centralized middleman model of ticket sales on its head.
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Virgin Galactic Tests Suborbital Spaceship

Virgin Galactic, which aims to be the world’s first commercial space carrier, successfully tested its suborbital spaceship, Enterprise.

Enterprise made its first solo test flight in California on Sunday, BBC News reported. The spaceship was carried to 45,000 feet by a plane, then dropped to glide back to earth.

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Virgin Galactic plans to charge $200,000 to take passengers on short…

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Virgin Galactic Tests Suborbital Spaceship originally appeared on DailyFinance on Mon, 11 Oct 2010 09:08:00.

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Why Apple’s Stock Can Rally On (and Why It Might Not)

What factors can push Apple to keep improving its performance? And what could slow down the stock’s relentless rise? Here are six things — four positive, two negative — that could help determine Apple’s price in coming months…

Daimler Will Recall 85,000 Mercedes Cars in the U.S.

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Daimler AG (DDAIF) is recalling about 85,000 Mercedes-Benz cars in the U.S. to adjust their power-steering systems.

The adjustment is aimed to prevent the loss of power steering fluid, The Wall Street Journal said, citing a statement on the website of U.S. traffic authority NHTSA.

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The recall affects the Mercedes 2010 C-Class and the 2010 and 2011 E-Class Coup and Cabriolet models….

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Daimler Will Recall 85,000 Mercedes Cars in the U.S. originally appeared on DailyFinance on Mon, 11 Oct 2010 07:18:00.

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Microsoft Unveils New Line of Smartphones

Software giant Microsoft Corp. (MSFT) unveiled a new line of Windows-based smartphones today — the latest attempt made by a rival to challenge Apple’s iPhone.

The new phones, from handset makers including Samsung (SSNHY), LG (LGLD) and HTC (HTCXF), will be available with AT&T (T) coverage starting next month, Reuters reported.

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The new phone will resemble Apple’s (AAPL) iPhone,…

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Microsoft Unveils New Line of Smartphones originally appeared on DailyFinance on Mon, 11 Oct 2010 06:28:00.

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