Yahoo Beats Q1 Expectations (as Expected) — Now, Will New CEO Outline More Strategery on Investor Call?

An upside non-surprise as we await pearls of wisdom from new CEO Scott Thompson.
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More: Groupon Amends Its S-1 IPO Filing — Again! — Over Accounting Issues and CEO Letter

The goat rodeo of an IPO for Groupon has a new twist — on a Friday afternoon, of course.
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Yahoo's Q1 Earnings: The Revenue Growth Drought Continues Due to MicroHoo Search Fall-Off

Yahoo announced its first-quarter earnings today, showing a continued worrisome revenue growth stall, due in large part to declines in search revenue from its partnership with Microsoft. The Silicon Valley Internet giant reported revenues of $1.06 billion, down six percent from a year ago, on net earnings of 17 cents a share, down 28 percent.

Seven Questions for Doug Hauger, Head of Microsoft's Azure Cloud Platform

The man who runs Microsoft’s cloud explains how it’s different from other clouds out there, and how companies are using it not only to save on IT costs, but to do things they couldn’t do before.

News Byte

Nokia Reports Lower Profit, Shrinking Margins

Nokia shares sagged this morning as the world’s largest mobile phone maker posted a 20 percent drop in fourth-quarter net profit to 742 million euros ($1.02 billion) for adjusted earnings of 22 cents a share–not quite as bad as analysts had expected–but also reported shrinking operating margins, a three percent drop in handset shipments and a weak outlook for Q1. CEO Stephen Elop said Nokia “faces some significant challenges in our competitiveness.”

Will Yahoo Earnings Later Today Show Revenue Growth (Or More of the Same)?

Yahoo will report its fourth-quarter earnings later today, and BoomTown will be covering them all the way from Hong Kong (the miracle of the Internet!). At a conference call with analysts after the earnings release, expect Yahoo CEO Carol Bartz to get questions on increased competition to its display advertising business from Facebook and Google, declining usage of its sites, as well as what she will do about continued product drift and talent drain.

News Byte

SAP Reports 27 Percent Revenue Increase, Still Owes Oracle

German software vendor SAP reported a 27 percent increase in software sales and maintenance services revenue for its fourth quarter. For the first time, SAP’s numbers include its 2010 acquisition of Sybase, but the company didn’t report a net profit because it has yet to determine how the $1.3 billion dollars it owes Oracle from the rival’s 2010 copyright-infringement case will impact its bottom line.

Google Goes To the Cloud For New Idea In PC System

Walt tests an early-stage version of Google’s Chrome OS for computers–an attempt to challenge the Microsoft-Apple duopoly. One drawback of the new operating system, due next summer, is having to give up familiar local programs and dwell in the cloud.
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U.S. Tech Job Growth Was Strongest in…Oklahoma City?

The TechAmerica Foundation’s annual Cybercities report covering the state of America’s local technology job markets for 2009 (the most recent data available) paints–as you might expect–a depressing picture in all but a few of the markets surveyed.

Microsoft to Wall Street: Analyze This

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.

Sirius Digging Out of Its Hole

Sirius Posts a Profit

New From Google Labs: Google Plutocrat