Kara Swisher in News on July 31, 2011 at 12:48 pm PT
You would think the settlement of a major dispute would goose the stock of a company, but Yahoo’s deal with its Chinese partner Alibaba Group on Friday did exactly the opposite.
Kara Swisher in News on July 29, 2011 at 4:50 am PT
Yahoo, SoftBank and Alibaba have reached an agreement in their contentious dispute around the Alipay payments unit.
Michael Hickins, Reporter, The Wall Street Journal in News on March 11, 2011 at 1:56 pm PT
It’s tax season, which means cyber-thieves are trawling the Web and sending counterfeit email in the hopes of snaring your personal tax data. And they’ve created websites with reasonable-seeming addresses and legitimate-seeming emails in order to lure unsuspecting citizens into clicking on the wrong link or downloading a virus-laden PDF.
Arik Hesseldahl in Enterprise on February 17, 2011 at 2:30 pm PT
It took two years and $350 million, but America now has a detailed map showing where all its broadband Internet connections are and where they are not.
News Byte
Tricia Duryee in Commerce on January 27, 2011 at 1:05 pm PT
Amazon.com
announced fourth-quarter financial results today, saying it hit two milestones: It had its first $10 billion quarter, and its Kindle book sales had overtaken paperback books as the most popular format on the giant bookseller’s site. Since the beginning of the year, it has sold 115 Kindle books for every 100 paperbacks sold (not including free books). During the busy holiday quarter, net income jumped eight percent to $416 million on a 36 percent increase in sales, compared with the previous year’s period. Revenues totaled $12.95 billion, which fell short of the $12.99 billion analysts were expecting, according to Thomson Reuters.
John Paczkowski in News on January 25, 2011 at 1:08 pm PT
Investors hoping Yahoo might benefit from the same surge in online display advertising spending that drove Google to its recent big quarter are in luck–except for the big-quarter part: Posting fourth-quarter earnings today after sacking one percent of its staff, the company reported net income of 24 cents per share on revenue of $1.21 billion.
News Byte
Voices in News on January 19, 2011 at 2:30 pm PT
Helped again by its thriving PayPal unit,
eBay today reported Q4 revenue of $2.5 billion, a five percent increase year-over-year, and non-GAAP income of $683.8 million, or 52 cents per diluted share. Analysts had been expecting 47 cents EPS on $2.49 billion in revenue, on average. The PayPal unit saw a 26 percent jump in total payment volume, to $26.87 billion, adding more than $5 billion in additional payment volume.
Liz Gannes in Social on November 17, 2010 at 8:48 am PT
Travel search provider Kayak today filed with the SEC for an IPO worth $50 million, with no price per share specified. But it did specify a bunch of stuff about its business in its S-1.
Liz Gannes in Social on November 9, 2010 at 5:01 am PT
Today’s stock markets have “a casino-type mentality” driven by factors like the rise of automated trading and shorter-term average holding periods. People don’t take the time to do research and really get to know a company before they invest in it, in the opinion of SecondMarket founder and CEO Barry Silbert.
He thinks SecondMarket–best known for its facilitation of trading of private tech company stock–is a way to bring back a human touch. SecondMarket doesn’t necessarily replace an IPO.
But for companies like Facebook, LinkedIn and eSolar, SecondMarket trading slots into a pre-IPO dead zone driven by the longer average time to a public offering–now something like 8.8 years.
John Paczkowski in News on October 28, 2010 at 1:15 pm PT
Microsoft reported earnings for the first quarter of the company’s fiscal 2011, and they were record-breaking despite the pessimism of analysts who have been downgrading its stock lately. Earnings per share were 62 cents on revenue of $16.2 billion, better than the 55 cents per share on $15.8 billion in revenue that analysts had been expecting.
