Youssef Squali, Cantor Fitzgerald, digs into the problems with Twitter. "The company won't turn a profit until 2016," he says.» Read More
Over the years, I've written about the weird items that have come up for sale: Bill Veeck's Leg, Luis Gonzalez' gum, Thurman Munson's pilot's license. Well, put this in the category of Joe Horn's cell phone, which was purchased by a Saints fan at auction.
Google's stock barreled through $700 for the first time Wednesday, propelled by a belief that the Internet search leader will become even more profitable as it plants its products and services in new markets.
Federal regulators on Wednesday approved a rule that would ban exclusive agreements that cable television operators have with apartment buildings, opening up competition for other video providers that could eventually lead to lower prices.
Shutterfly reported a third-quarter loss of $3.3 million, or 14 cents per share, as compared to a loss of 2.7 million, or 70 cents per share, in the year-ago quarter.
All of us in California, indeed millions across the country, were gripped by those horrific images of the raging fires in Southern California. And in the midst of the tragedy, when we had a chance to hear from the victims fleeing their homes, they were usually asked what they grabbed as they were evacuating.
The Industry Standard, the high-flying magazine that covered the early Internet frenzy and itself became a poster child for the dot-com boom and bust, is coming back ... sort of.
The World Wide Web has given a dramatic new meaning to the phrase "net profits." Just ask five-star fund manager Ryan Jacob, portfolio manager of Jacob Internet Fund. Read his five choices for an investor's Internet interests.
It is estimated that 100 children are killed and hundreds more injured each year by cars backing up. It's a problem with seemingly no solution for the millions of people who back out of their driveways and onto busy streets each day. But a new innovation —a Lazy Susan of sorts —could change that. It's called the "CarTurner."
Better late than never, but when it comes to NBC and Fox and the new Hulu, it's about time. I say about time because I wonder just how long big media is going to sit around and bemoan upstarts like YouTube muscling in on their territory. Woe is me, these companies have complained: They're stealing our content. They're breaching our copyrights.
Where can the traders be found this week? Deep in the heart of techs.
Facebook, the social network Web site, is looking to hedge funds and private-equity investors to raise an additional $260 million in financing, the Wall Street Journal reported on its Web site on Thursday.
Chinese Internet company Baidu.com on Thursday posted a sharp rise in quarterly profit on sales fueled by exploding demand for online advertising in the world's second largest Internet market.
It's not often I do a double-take when I read a financial earnings report, but I had to make sure I was looking at Microsoft's numbers and not some other company's. The company beats by 6 cents a share; 45 cents instead of the 39 cents the Street was expecting.
A growing number of companies are embellishing their benefits packages with "concierge services" -- everything from flower deliveries and car detailing to restaurant reservations and clothes alterations.
So I'm sure many of you are scratching your heads trying to figure out how, amid the now constant din of the housing crisis, we suddenly get this report from the Commerce Dept. that new home sales and prices bumped up in September?? Well before everyone starts hailing the home builders and calling a big bad bottom to the market, a couple of key points:
It's safe to say that Microsoft hasn't had this kind of optimism swirling around it in, well, I can't remember the last time. Windows '95 maybe? This company is firing on all cylinders, even though shares would suggest otherwise. The company will report its first fiscal quarter earnings after the bell, and feeding into the frenzy are headlines about Halo 3, Xbox 360...
Haven't had much time to blog as I'm out here covering the California wildfires. Wish I could tell you all I've seen but here's at least one slice. For all the problems people sometimes have with their insurance companies, here in Southern California, right now those agents are heroes.
We've heard the Google, Microsoft, Facebook 'story' before, but today's rendition comes with a new sense of urgency: The New York Post, then moments later the Wall Street Journal, report a deal between someone and Facebook is imminent: 24 or 48 hours away.
Japan's Nintendo nearly tripled its first-half profit and boosted its annual earnings outlook on Thursday as its popular Wii and DS game machines outsell rival Sony's PlayStation.
We now have a definitive agreement: Microsoft gets a stake in Facebook for $240 million, and now valuing the company at $15 billion. For a company that will do $30 million in profits on $150 million in revenue, that's a nifty valuation!