Nokia (NYSE: NOK) is getting trounced by Motorola (NYSE: MOT) and Apple Inc. (NASDAQ: APPL) in the smartphone market, but that's not stopping the Finnish mobile phone manufacturer from trying to compete.

Time Warner (NYSE: TWX) is not thrilled with the transition from the sale of physical media to digital distribution. Why can't people just keep buying millions of DVDs like they did ten years ago? DVD and Blu-ray disc movie sales declined a whopping 13% in 2009, cutting deep into movie studios' profits.

While the expected take from an IPO of a restructured General Motors is not anywhere near the nosebleed levels of the recent IPO of the Agricultural Bank China, the pending stock offering generates a lot of interest because the US government owns 61% of GM. Now that sort of ownership structure may be common among Chinese companies, but it's pretty rare in the US.

The Bush tax cuts are likely to expire after the holidays. Both large and small investors will feel the pain.

The new Playstation phone would serve two purposes for the company. It would be a second attempt to conquer Nintendo (PINK: NTDOY) in the portable video games market just as they release their new Nintendo 3DS handheld. It would also serve as an effort to steal away smartphone market share from Apple Inc. (NASDAQ: APPL), whose iPhone line continues to dominate and is a competitor in the games space itself.

Mark Zuckerberg, the 26-year-old CEO and co-creator of Facebook, might not really be thinking too much about bringing in money to grow his company. After all, Forbes just named him the 35th richest man in the United States.

Verizon CEO Ivan Seidenberg told investors that he's hoping AAPL has a certain smartphone for the launch of his telecom company's new 4G LTE network. Meanwhile, one analyst is expecting a whole lot more iPads to sell than he initially expected. Finally, APPL CEO Steve Jobs is named one of the richest men in America.

Research in Motion (NASDAQ: RIMM) may be losing the smartphone war in the eyes of many, but the tech company hasn't given up on trying to win back the professional and enterprise mobile markets. While it doesn't look like the BlackBerry Torch is going to get the company's devices back in customers' hands, their new tablet computer nicknamed the BlackPad just might.

Starbucks is raising prices on some coffee drinks, saying coffee bean prices forced the increase.

Oracle Corp. (NASDAQ: ORCL) has made it official. The company intends to compete with IBM Corp. (NYSE: IBM), Hewlett-Packard Co. (NYSE: HPQ), and Cisco Systems Inc. (NASDAQ: CSCO) in the battle for the hearts and minds of IT professionals.

Although by some reports the recession is over, take a hard look at GDP, unemployment and consumer confidence for a look at an economy in distress.

China's state-owned chemical company Sinochem has reportedly hired two investment banks to help it figure out what to do about the potential acquisition of Potash Corp. (NYSE: POT) of Saskatchewan by BHP Billiton plc (NYSE: BHP). The two banks are Deutsche Bank AG (NYSE: DB) and Citigroup, Inc. (NYSE: C).

In an address at the Merrill Lynch Media, Comms and Entertainment Conference, Activision Blizzard (NASDAQ: ATVI) CEO Bobby Kotick made a number of bold claims to the gathered attendees – the least of which was calling out Facebook as more of a competitor than video game studios at Disney (NYSE: DIS), console heavyweight Nintendo (PINK: NTDOY) or software leader Electronic Arts (NASDAQ: ERTS).

There’s a new report that indicates the Verizon iPhone may not be as rough on AT&T as some think. Also, a new deal points to high def Apple TV and Adobe continues its Flash push on Apple products.