And Then There Was One, as Disney Picks Single Digital Leader

When you wish upon a digital strategy.

Earnings and Revenue Down — Yahoo Delivers on Expected Lackluster Third Quarter

No surprise, which should not be a surprise.

We Will Not Discuss “Smurfs 2”

What we would expect is more disclosure and a more detailed plan for how they will improve profitability in their entertainment division, including specific profitability targets. We will monitor their performance in coming quarters and revisit Sony’s progress around the time of next year’s annual meeting.

— Third Point Capital CEO Daniel Loeb, whose hedge fund owns an estimated seven percent of Sony Corp., in an exclusive interview with Variety’s Ted Johnson. Sony rejected Loeb’s proposal to spin off 20 percent of its entertainment assets.

I’m Still Here: Stock Soars as Groupon Shows Stronger-Than-Expected Q1 Revenue

On the other hand, I could use a nice cup of hot growth.

Alibaba Group Names Lu as CEO to Replace Ma

A new leader for the Chinese e-commerce giant, whose fast growth of late has boosted Yahoo stock.
Jonathan Lu 1


Best Buy Halts U.S. Sales Decline

Best Buy Co. reported a narrower fourth-quarter loss on Friday on its first increase in U.S. same-store sales in more than a year, the latest evidence that the beleaguered electronics retailer is slowly stabilizing its battered business.


Adjusted for Reality, Neither Rackspace Nor Equinix Shine

We learned during the dot-com boom, and the subsequent bust, that it takes real money to build the Internet, meaning that the growth of online advertising, e-commerce, social networking, and all the rest doesn’t offer a magic formula for profit.

Yahoo Beats Q4 Earnings Estimates on Flattish Revenue; Bought Back $1.45 Billion in Shares

A little up is better than a little down.

Tesla’s Musk: This Is the Year We Make Money

More stores, more charging stations, more profits.

Nintendo’s Wii U Outperforming the Original Wii, Only Because It Costs More

We can talk unit sales and profit later. How about those revenue numbers?

Another Down Day for Apple Shares