Former Citigroup CTO Yobie Benjamin Joins Wearable Startup Avegant

The company, which uses a series of tiny mirrors to project a virtual display onto the retina, plans to debut a prototype consumer device next month.

Google Should Thank Holiday Shoppers for Boosting Cost Per Click

There’s clear evidence that holiday shoppers helped boost one of the company’s key metrics in the fourth quarter.


In Defense of Mark Mahaney

Mark Mahaney, not surprisingly, has a number of defenders both inside and outside Citi.

Amazon Keeps Analysts Guessing on Quarterly Results

The question: Did Amazon reinvest its profits, or let its revenue trickle down to the bottom line?

Facebook Earnings, Part Deux: What to Expect When the Street Is Expecting

Round two for the social giant’s quarterly numbers.

Analysts May Be Neutral, but eBay CEO Donahoe Is Feeling Good

Donahoe says the company is in the best position it has been in years, as it prepares to enter the holiday shopping season.

Citi’s Mahaney: Facebook’s Social Search Got Nothing on Google

Google’s lock on search is still strong.

After a Relatively Mellow Quarter, Will Groupon Earnings Surprise?

If Groupon only meets analyst expectations tomorrow, that may be a big enough surprise for the struggling stock.

Google Wallet Now Supporting Multiple Cards, Like, Um, a Real Wallet

Now consumers can pay with a Visa, MasterCard, American Express or Discover card.

News Byte

eBay’s Stock Pops on Solid Earnings Performance

EBay’s stock traded 9 percent higher this morning after reporting strong second-quarter results yesterday. In early trading, the stock soared to $44.44 a share to hit a new 52-week high before backing down a bit. At least two analysts upped their price target: Mark Mahaney of Citi increased his price target to $45, citing impressive revenue; Baird’s Colin Sebastian raised his target to $47, based on strong marketplace and mobile trends.

The Google Wallet Is Open for Business