John Paczkowski

Recent Posts by John Paczkowski

Google Shares Above $700. Again.

The Library of Virginia

The week of September 3 was a good one for Google. The company’s shares closed it out at a price they’ve not seen in years — four years, to be exact.

After spiking to a 52-week high of $712.25 Friday, Google’s stock ended the day at $706.15, a price it hasn’t hit since 2007. That’s still a ways off from the record high of $747.24 it hit in November 2007, but it’s clearly headed into the same territory.

Google’s shares have gained about 19 percent since the company last reported earnings, when it turned in solid financials thanks to its thriving core advertising business.

More recently, they’ve been buoyed by Google’s well-received 7-inch Nexus tablet. Also fueling this resurgence of faith: What appears to be a tempering of concern over the integration of Motorola Mobility, which Google acquired earlier this year for $12.5 billion. The search behemoth recently hired Barclays to help it shop Motorola’s Home division, which makes and sells set-top boxes and cable modems. And it’s believed to be looking for a price of $2 billion.

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