Kara Swisher in News on April 19, 2011 at 2:21 pm PT
MicroHoo is
funky!
At least according to Yahoo CEO Carol Bartz on the Silicon Valley search giant’s first-quarter earnings conference call about its recent financial performance.
Yahoo’s results showed a continued worrisome revenue growth stall, due in large part to a search advertising fall-off, and a still-turning turnaround.
Kara Swisher in News on March 3, 2011 at 10:25 am PT
That Internet sprite, Groupon Co-founder and CEO Andrew Mason, continued in his quest to be the cleverest little entrepreneur on the Web with a very funny post on the Chicago-based start-up’s blog yesterday titled: “No Comment.”
Kara Swisher in News on February 25, 2011 at 6:00 am PT
Despite all the polite throat-clearing in the various internal memos coming out of AOL today, with a rejiggering of its content management–including the ousting of Media and Studios President David Eun–what really happened was what sources said will be an about-face from a recent strategy of how to run its media business.
That is likely to begin with the hip-checking of “The AOL Way,” which many sources tell BoomTown was Eun’s brainchild, once the $315 million acquisition of the Huffington Post is completed.
Kara Swisher in News on February 6, 2011 at 9:01 pm PT
In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web’s most prominent news and opinion sites.
As part of the deal, Huffington Post co-founder Arianna Huffington–who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications exec Kenneth Lerer–will become editor in chief of a new unit that has purview over all of AOL content properties.
The deal was signed just this afternoon.
Arik Hesseldahl in Enterprise on January 13, 2011 at 1:29 pm PT
Earnings were up a record 48 percent, while PC revenues were flat and data center sales grew.
Tricia Duryee in Commerce on January 5, 2011 at 7:37 am PT
Millennial Media has raised a new round of capital today to help it stay independent and fight the Goliaths in the space, like Apple and Google.
Will it be enough?
Kara Swisher in News on November 29, 2010 at 10:58 pm PT
According to sources close to the situation, Google has offered $5.3 billion for Groupon, in what would be its largest acquisition yet, if completed.
Sources said the deal for the Chicago-based social buying site seems likely to be struck, even as early as tomorrow, although it certainly could fall apart right up to the end.
But, if done, it will move the search giant instantly to the top spot in local commerce online and give it huge troves of data about consumer buying habits and merchant information across the globe.
Peter Kafka in Media on November 3, 2010 at 2:53 pm PT
That big Myspace relaunch we read about last week? That’s all fine and good.
But the troubled Web property is a…really troubled Web property, its News Corp. parent stressed today. And it needs to get its act together before it gets kicked off campus.
Kara Swisher in News on October 25, 2010 at 11:39 am PT
Digg has announced it is laying off 25 of its 67 staffers today, part of an attempt by the San Francisco social news discovery site to rationalize its costs.
In an interview with BoomTown this morning, CEO Matt Williams noted that “the burn rate is just too high” for the company.
