Kara Swisher in News on November 30, 2011 at 12:36 am PT
As the Yahoo turns, the board finally gets down to brass tacks of a possible deal.
Kara Swisher in News on September 16, 2011 at 2:31 pm PT
So why was the ousted CEO of Yahoo shown the door so abruptly? Because it is Yahoo, which never met a crisis situation it could not hopelessly complexify.
Kara Swisher in Media on May 5, 2011 at 1:39 pm PT
Demand Media handily beat Wall Street expectations in its first quarter results today, released after the market closed.
The company reported revenue of $79.5 million and six cents a share in adjusted net income.
Investors were expecting the company to report about $69.6 million in revenue for the three months, with four cents a share in profits.
On a GAAP basis, net loss per share was 13 cents compared to 94 cents a year ago.
Kara Swisher in News on April 4, 2011 at 6:21 am PT
While no one inside or outside Myspace owner News Corp. expects fireworks and giant piles of money, the tire-kicking for the long-troubled social-networking-turned-entertainment site actually starts Wednesday.
That’s when about a dozen interested parties will finally get a walk-through of the books and more by management and the serious talks begin.
But, said several sources, despite a variety of reports of various interested buyers, no deal is imminent with any one of them.
Kara Swisher in News on February 22, 2011 at 2:08 pm PT
BoomTown always enjoys the maiden voyage of a newly public company, so liveblogging Demand Media’s first quarterly earnings seems like a must-do.
It’s also the first public outing for CEO Richard Rosenblatt, who has sold off his previous entrepreneurial efforts.
His first point: Where else can you find out how to ripen an avocado?
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.
Peter Kafka in Media on January 27, 2011 at 5:44 am PT
The last three months of 2010 marked the last quarter that AT&T had the iPhone all to itself, and the carrier got the most it could out of it: It activated 4.1 million more iPhones, and added a record number of new wireless customers.
John Paczkowski in News on January 25, 2011 at 1:08 pm PT
Investors hoping Yahoo might benefit from the same surge in online display advertising spending that drove Google to its recent big quarter are in luck–except for the big-quarter part: Posting fourth-quarter earnings today after sacking one percent of its staff, the company reported net income of 24 cents per share on revenue of $1.21 billion.
Ina Fried in Mobile on January 21, 2011 at 10:17 am PT
The surging smartphone market allowed the Taiwanese cellphone maker to report solid quarterly results and offer a prediction of more to come, but some analysts had been looking for an even rosier prediction. The Android and Windows phone maker expects to sell 8.5 million smartphones in the January quarter.
