John Paczkowski

Recent Posts by John Paczkowski

Google Announces Second-Quarter Disappointment

Google posted its latest financials Thursday afternoon, and though second-quarter net income rose 35 percent, the company’s results fell short of estimates. The Internet search sovereign reported net income of $1.25 billion, or $3.92 a share, compared with $925.1 million, or $2.93 a share, a year earlier. Net revenue rose to $3.9 billion. Meanwhile, Google’s (GOOG) U.S.-paid clicks for the second quarter rose 19 percent from a year earlier, but fell 1 percent from the first quarter.

Google Chief Executive Eric Schmidt described the the company’s performance as “another strong quarter, despite a more challenging economic environment.” Sadly, investors didn’t quite see it that way. Shares in the company tanked in after-hours trading.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work