With Low Expectations for Q3, Wall Street Hoping for New Yahoo CEO Mayer to Shine a Light at End of Tunnel

And make sure it’s not an oncoming train.
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eBay Meets Third-Quarter Expectations With Revenues Up 15 Percent

In the third quarter, eBay reported revenues of $3.4 billion and net income of $597 million, or 45 cents a share.
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Confirmed: Schultz and Efrusy to Leave Groupon Board; “Accounting Types” Joining

Will a shake-up of the board of the daily deals company help its prospects?
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Updated S-1: Facebook’s Yearly Revenue Growth Up 45 Percent, But Down Six Percent From Last Quarter

Will the new results cause investors to worry?
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Groupon Restates Earnings After Seeing a Spike in Holiday Returns

Groupon has revised its results for the fourth quarter due to higher-than-expected return rates. The announcement sent its shares tumbling in after-hours trading.
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Roadshow: CEO Pincus Not Selling Shares in Upcoming Zynga IPO

While he has recently been portrayed as Mr. Potter of Silicon Valley, it looks like the online gaming leader will not get greedy in the IPO.
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News Byte

Facebook on Track for a $3 Billion Year

Facebook earned $355 million on revenue of $1.2 billion in the first nine months of 2010, according to a private placement memorandum distributed to potential investors back in January. This year it’s generating quite a bit more. Sources close to the company tell Reuters that the social networking company raked in $1.6 billion in revenue in the first half of 2011. Of that, $500 million is reportedly net income. Impressive results that can only help Facebook as it heads toward an expected IPO sometime in 2012.