Ina Fried in Mobile on March 21 at 3:00 am PT
The company behind the BlackBerry Partners Fund is rebranding itself, launching a new fund and expanding its presence in Silicon Valley.
News Byte
Tricia Duryee in Commerce on September 6, 2011 at 4:40 pm PT
eBay has named Devin Wenig, former CEO of Thomson Reuters Markets, as new president of its Marketplaces business unit. The appointment follows the departure of Lorrie Norrington,
who left the position a year ago. Wenig, 44, will report to President and CEO John Donahoe. Over the past year, the Marketplaces unit has been undergoing a transformation, and while it represents eBay’s largest division, it faces being eclipsed by eBay’s faster growing PayPal division.
Voices
Alistair Barr, Reporter, MarketWatch in News on April 11, 2011 at 12:30 pm PT
The U.S. venture-capital industry had its best fund-raising start since 2001 as three firms dominated, Thomson Reuters and the National Venture Capital Association said Monday.
Arik Hesseldahl in Enterprise on March 24, 2011 at 6:00 am PT
A personal CIA for salespeople, InsideView aims to turn data from social media, financial databases and other sources into useful business intelligence.
John Paczkowski in News on February 10, 2011 at 6:45 am PT
Good news for long-suffering Sprint Nextel investors: Customer retention has finally improved to the point where the carrier is able to report actual gains in postpaid subscribers, rather than losses.
Tricia Duryee in Commerce on February 1, 2011 at 1:56 pm PT
Electronic Arts’ stock is up after reporting solid earnings for the third quarter. Now the company is turning its attention to digital games, which generated just 15 percent of overall revenues.
News Byte
Tricia Duryee in Commerce on January 27, 2011 at 1:05 pm PT
Amazon.com
announced fourth-quarter financial results today, saying it hit two milestones: It had its first $10 billion quarter, and its Kindle book sales had overtaken paperback books as the most popular format on the giant bookseller’s site. Since the beginning of the year, it has sold 115 Kindle books for every 100 paperbacks sold (not including free books). During the busy holiday quarter, net income jumped eight percent to $416 million on a 36 percent increase in sales, compared with the previous year’s period. Revenues totaled $12.95 billion, which fell short of the $12.99 billion analysts were expecting, according to Thomson Reuters.
John Paczkowski in News on October 13, 2010 at 6:53 am PT
Steve Jobs is smiling into his corn flakes this morning. Apple’s stock rose above $300 per share today for the first time in the company’s history.
John Paczkowski in News on July 19, 2010 at 1:25 pm PT
Has IBM benefited from the overall uptick in corporate spending? Obviously. Posting second-quarter results after the market’s close Monday, the company reported earnings per share of $2.61, besting estimates, though revenue fell a bit short of forecasts.
John Paczkowski in News on July 12, 2010 at 11:51 am PT
The “Darwinian contraction” in the venture capital industry continues with no end in sight. A joint study released today by the National Venture Capital Association and Thomson Reuters found that VC firms in the U.S. raised just $1.9 billion in the second quarter of 2010. That’s a nasty 49 percent decline from the $3.7 billion they raised in the first quarter.
