Groupon to Raise up to $540 Million at $11.4 Billion Valuation

Groupon has filed an early-morning surprise, putting to rest speculation about its IPO. It is on, albeit at a slightly lower valuation than originally projected.
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Yang Says “Not for Sale”: All Hands on Yahoo’s Slippery Deck!

As a day of meetings begin for Yahoos over the sudden firing of CEO Carol Bartz, I’ll be the one in the back taking notes. Co-founder Jerry Yang says “no sale,” which means the sale is definitely in progress!
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Zillow’s First Quarter as a Public Company Also Marks First Profit

Zillow reported its first profit ever today as part of its second-quarter earnings release, only one month after raising more than $70 million in its public offering.
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Lenovo’s Net Profit Nearly Doubles

Lenovo Group Ltd.’s fiscal first-quarter net profit nearly doubled because of strong growth in personal-computer shipments, and the Chinese computer maker said it expects continued growth in commercial PC demand and in its core home market.

Nvidia’s Profit, Share Price Rise

Nvidia Corp. reported solid quarterly results and upbeat guidance, a sign that the company is taking market share in chips for laptops and enjoying strong demand for game consoles and other products.

Alibaba.com Net Profit Up 28 Percent

Alibaba.com Ltd.’s second-quarter net profit rose 28 percent from a year earlier because of growth in its online business, it said Thursday.

Tech Stocks Get Whacked in Market Downturn — Yahoo and LinkedIn Twice as Hard

Usually lofty tech stocks don’t escape the wrath of Wall Street bears.
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Sony Slides to Loss on Quake, Cuts Guidance

Sony Corp. said Thursday it slipped to a net loss in its fiscal first quarter, squeezed by the impact of the March 11 disasters, and lowered its earnings forecast for the fiscal year, citing weak sales of televisions as well as the yen’s strength versus the euro.

Not So Much on Groupon IPO Delay, But SEC Scrutiny Still a Drag

The Groupon public offering is still on schedule, despite a CNBC report saying it is delayed, but it is also not without its bumps.
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Baidu Profit Jumps on Customer Growth

Baidu Inc. said Tuesday its second-quarter net profit nearly doubled from a year earlier as the Chinese Internet search company attracted more advertisers and as marketing customers stepped up their spending, and the company gave a better-than-expected revenue forecast for the third quarter.