Voices
Anupreeta Das, Reporter, The Wall Street Journal in News on February 13, 2011 at 3:12 pm PT
J.P. Morgan Chase & Co., riding the wave of investor interest in fast-growing, privately held technology firms such as Facebook Inc. and Twitter Inc., plans to start a fund that would invest in Internet and digital-media companies, people familiar with the matter said.
Liz Gannes in Social on December 31, 2010 at 12:59 pm PT
The RunKeeper Pro app, usually $9.99, is free from now through the end of January. Since the promotion started yesterday, downloads of the app have been up more than 10 times the normal number for a single day.
News Byte
Voices in News on November 12, 2010 at 1:31 pm PT
Intel, which already delivers its shareholders the largest dividends among major technology companies, is boosting its payout again, signaling confidence in its performance and cash flow. The board today
approved a 14 percent increase in the quarterly dividend, raising it by 2.25 cents to 18 cents a share. The company, with a cash stockpile near $15 billion, has paid out $2.6 billion in dividends through the first three quarters of the year.
Kara Swisher in News on September 14, 2010 at 12:00 pm PT
In an interesting corporate move, the COO of online real-estate site Zillow, Spencer Rascoff (pictured here), has been promoted to CEO, replacing founding CEO Rich Barton.
Barton will remain executive chairman of Zillow, a private company that is based in Seattle and has raised $87 million in funding since its founding in 2005.
Peter Kafka in D8 on June 2, 2010 at 1:56 pm PT
Steve Case is most famous for building America Online, which became the Internet’s first mega-company, and for merging it with Time Warner, which became the worst corporate marriage in recent history.
But AOL is 25 years old, and the AOL-Time Warner deal is a decade old. What has Steve Case been doing since then?
Investing, in a lot of different stuff. Time to talk about old deals and new ones.
Peter Kafka in D8 on June 2, 2010 at 7:55 am PT
Depending on your perspective, Comcast is the most dominant force in media, or the one most likely to be disrupted by Internet-fueled upstarts. COO Steve Burke, not surprisingly, argues that his company isn’t going anywhere. Also not disappearing anytime soon: “Bundled” cable TV packages. You might think you only want to pay for a couple channels, Burke says, but that’s not what cable programmers want to sell. Meanwhile, what’s his plan to turn around NBC? Reverse course: “You can’t cut your way to success in broadcast TV.”
John Paczkowski in News on March 25, 2010 at 1:15 pm PT
Evidently, Oracle’s integration of Sun is coming along well. Reporting third-quarter earnings that were in line with Street estimates after market close Thursday, the company offered an enthusiastic update on its ingestion of the former Silicon Valley icon. “The Sun integration is going even better than we expected,” said Oracle President Safra Catz.
Voices
Ben Horowitz, Co-founder and General Partner, Andreessen Horowitz in News on March 17, 2010 at 12:00 pm PT
Much has been written and said about the current economic downturn and the resulting lessons on how to run high-technology companies. Quite famously, Sequoia Capital, the premier venture capital firm in Silicon Valley, held a mandatory all-CEO meeting in fall 2008 during which it advised them to “Cut spending. Cut fat. Preserve capital.”
Kara Swisher in News on January 26, 2010 at 1:22 pm PT
While it was no blowout, Yahoo reported slightly stronger results in the fourth quarter than had been expected by Wall Street today after the markets closed, with revenue down eight percent compared to last year, rather than the predicted 10 percent drop.
Analysts had been estimating that Yahoo would have net revenues of $1.23 billion in the quarter. Instead, it posted $1.258 billion in revenue.
Earnings were right on target to what was expected, $119 million for the quarter, or 11 cents a share.
John Paczkowski in News on November 5, 2009 at 5:12 am PT
Sirius XM Radio’s financial position is improving. Sadly, the same cannot be said for its subscribership. Reporting earnings this morning, the company broke even in its third quarter. Good news, but it was tempered with a bit of bad. Because Sirius’s subscriber growth is slowing.
