spin off

TripAdvisor Dips Lower on First Day of Trading

Tricia Duryee in Commerce on December 21, 2011 at 7:59 am PT

TripAdvisor, which has collected more than 50 million reviews from travelers around the world, is facing a critique of its own on its first day trading on the Nasdaq.

News Byte

Expedia and TripAdvisor’s Breakup Is Now Official

Tricia Duryee in Commerce on December 20, 2011 at 5:30 pm PT

As planned, Expedia has formally concluded the spinoff of TripAdvisor today. Expedia shareholders will receive one share of TripAdvisor and one share of Expedia for every two shares of Expedia stock held prior to the split. Tomorrow, TripAdvisor will trade on the Nasdaq under the symbol TRIP, and Expedia will continue to trade under EXPE.

Expedia Takes Stock as TripAdvisor Gets Ready to Fly the Coop

Tricia Duryee in Commerce on December 9, 2011 at 9:44 am PT

Now that Expedia’s spinoff of TripAdvisor is imminent, the hard work begins to give investors a reason to stick with the online travel agency once its high-flying media business is gone.

Spinning Off HP’s PC Business Could Have Worked … Couldn’t It?

John Paczkowski in News on October 31, 2011 at 3:58 am PT

By hiving off its PC arm, HP might actually have created some value.

With HP’s Raising of the World’s Biggest White Flag, Will Jon Rubinstein and Todd Bradley Surrender Too?

Kara Swisher in News on August 19, 2011 at 9:08 am PT

Key webOS execs Todd Bradley and Jon Rubinstein were left out of the loop on HP’s dramatic departure from the consumer space this week. So, will they stay or will they go now?

News Byte

Motorola Adds Streaming Content Start-Up to Its Playlist

Ina Fried in Mobile on December 22, 2010 at 8:25 am PT

Motorola announced Wednesday that it is scooping up Zecter, maker of the cloud-based ZumoDrive and ZumoCast services. The technologies use a virtual file system to make cloud-stored content accessible as if it were stored on the device itself. As part of the deal, terms of which were not disclosed, Motorola said it will halt distribution of ZumoCast while it updates the software. Current customers can keep using the service. ZumoDrive distribution and use won’t be disrupted, Motorola said. The acquisition will become part of Motorola Mobility. (For those who have forgotten, Motorola is in the process of splitting itself in two, with Motorola Mobility being the cellphone-making unit.)

Motorola Split Set for Jan. 4

Ina Fried in Mobile on November 30, 2010 at 3:44 pm PT

Breaking up is, well, a lot of paperwork. Motorola filed the details Tuesday afternoon on its plan to split itself in two. The spinoff of the cellphone unit will take place Jan. 4, with holders getting one share of the mobile unit, known as Motorola Mobility, for every eight shares of Motorola they own.

Zong's David Marcus Talks About the Next Big Thing in Mobile Payments

Kara Swisher in News on October 21, 2010 at 6:00 am PT

There’s no question that mobile is the way an increasing number of payments are made for a variety of virtual goods. Recently, BoomTown visited San Francisco-based Boku, one of the players in the race to win in this competitive space. And, earlier this week, I motored on down to Menlo Park, Calif., to visit Zong.

Department of Déjà Vu: Little AOL's Quixotic Quest To Land Giant Yahoo

Kara Swisher in News on October 14, 2010 at 12:54 pm PT

The last time AOL gobbled up a big company–that would be its audacious grab of Time Warner in the 2000 merger of the century–it ended in tears. Now, it will take all of CEO Tim Armstrong’s considerable sales skills and impressive cheekbones to pull off what the struggling Internet icon is attempting. That would be trying to convince someone with piles of money–a private equity firm or a cash-rich tech giant such as Microsoft–to help it snatch control of Yahoo and fold AOL into it.

AOL and Facebook Get the New Yorker Treatment

Kara Swisher in News on September 1, 2010 at 9:16 pm PT

Within the next several weeks, the New Yorker magazine will be publishing big pieces about a pair of digital icons located on the East and West coasts–an assessment of the turnaround at AOL by staff writer Ken Auletta and a profile of Facebook co-founder and CEO Mark Zuckerberg by Huffington Post senior contributing editor Jose Antonio Vargas. So fire up the iPad!

Video: New MySpace Co-Presidents Hirschhorn and Jones Talk About the Past (Troubled!), Present (Work in Progress) and Future (Revival?)

Kara Swisher in News, March 9, 2010 at 4:24 pm PT

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