Most Smartphone Owners Are Between 25 and 34 Years Old (And Here’s How Much Money They Make)

This just in! Young people own smartphones — though their wealthy elders are catching up.
Smartphone

Yahoo’s China Settlement Fails to Stem Its Stock Decline

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.
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China Solution: Yahoo, SoftBank and Alibaba Reach Agreement

Yahoo, SoftBank and Alibaba have reached an agreement in their contentious dispute around the Alipay payments unit.
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Voices

Cybercrooks Digging for Tax Data

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.

Got Broadband? Not Sure? There's a Map for That.

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

Amazon Says Kindle Book Sales Have Overtaken Paperback Sales

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.

Yahoo's Fourth Quarter "Encouraging," Says CEO; Street Says "Eh"

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

EBay Beats Street on Revenue, Profit

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.

Kayak's IPO Filing: We Don't Depend on Search Engines

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.

Microsoft to Wall Street: Analyze This

GQ’s iPad App Does…Okay

New From Google Labs: Google Plutocrat

Sirius XM: Cash for Clunker