More than 127 million shares were traded within the first 15 minutes of Alibaba's market debut, launching a whirlwind day for the Chinese firm.» Read More
Investors in Yahoo abandoned their initial excitement over a management switch at the Internet media company, sending its shares lower on expectations that little real change was in the works.
We can’t all be experts at everything, which is why we have people who are experts at something. Having said that, I’ll let you in on one of my little secrets -- how to tell when a pharmaceutical story has significance. ... Also: a seemingly innocuous headline -- about Expedia -- has plenty of hidden meaning.
Travel Web site operator Expedia said Tuesday it plans to buy back up to 42% of its common stock for $3.5 billion.
Gene Munster, senior research analyst from Piper Jaffray, discussed his opinions for the outlook of Yahoo and its new CEO Jerry Yang on “Morning Call.”
Yahoo's next chapter begins today with a "what's old is new again" approach. Yahoo co-founder Jerry Yang moves into the C-suite; and Susan Decker moves next door as the company's president. And with a few hours under our belts to digest Terry Semel's departure, it gives us some opportunity to look ahead at what's next for this company.
While everyone's talking about the shakeup at Yahoo, Google continues to take over the world. Google's video site YouTube is launching its first foreign-language Web sites. Already, over half of the site's audience comes from outside the U.S., but by translating its site into seven other languages is intended to fend off competition. Eventually YouTube will tweak the translated sites to the specific countries-- Brazil, France, Ireland, Italy, Japan, the Netherlands, Poland, Spain and the UK, featuring local content and being sensitive to cultural issues.
Struggling internet search giant Yahoo finally made a change at the top and investors are cheering the news.
The TV ad market has lost millions of dollars of ad revenue to Internet ads, which are more targeted and flexible. But now a new technology company called Visible World, is making TV ad minutes be more valuable than ever. Visible World's Inteli-spot technology allows channels to automatically customize their ads to the time of day, channel, and show they're airing on.
Internet portal Yahoo announced the resignation of Terry Semel. Semel will be replaced by co-founder Jerry Yang. Susan Decker, Yahoo's head of advertising and former chief financial officer, was also named president.
From Macy's to Wal-Mart to Sears, the retail management that I've spoken with over the past year have all emphasized how important the online segment of their business is becoming. Macy's CEO Terry Lundgren says consumers who shop online are 30% more productive than those who shop in just one channel. So, is the decline of online shopping as suggested by the New York Times greatly exaggerated?
Yahoo may be ripe for an activist play that forces the company to explore strategic alternatives. While it still remains in the realm of the speculative, bankers, activist investors and media executives believe Yahoo would find interested parties in News Corp., AT&T, TimeWarner's AOL, Microsoft and Comcast.
Many of you know of Allison Stokke by now. She's the 18-year-old high school pole vaulter who became an Internet phelnomenon after Matt Ufford at the popular blog With Leather. posted her picture. Today, this high schooler has 840,000 Google hits -- the "Alison" Stokke misspelling has 16,500 hits! -- and of course a "Allison Stokke Fans" MySpace page.
When it comes to Google say it with me: Here we go again!The company is getting ready to celebrate another key milestone in August: its 3rd anniversary as a publicly traded company. Sure there will be the usual partying (especially if the stock keeps performing as it is today and stays above the nose-bleed $500 a share. (It opened at $85 three years ago, August 19.)
Apple Inc. shoots down two of the biggest criticisms of its upcoming iPhone, and does so with gusto! Not an easy trick since the iPhone is still almost two weeks away. But that hasn't stopped critics and pundits from taking on the technology inside what some are calling the "Jesus Phone" because of the universal hype surrounding the product. A kind of "Second Coming" for technology brought to us by the High Lord of Cupertino. Well, you get the gist.
Singapore Telecommunications said on Monday its Optus unit has secured A$958 million (US$807 million) in funding from the Australian government for its broadband joint-venture.
A spat that erupted this week between eBay and Google after Google tried to siphon attention from the online auctioneer's grand user celebration might presage more tension in one of the Internet's most interesting new rivalries.
Citigroup Chairman Sandy Weill told our Mary Thompson this week that people should start giving their money away even before they have a lot of it. Ok, that's a great idea, though it's a bit easy for him to say. Weill and his wife have generously donated $250 million to Weill Cornell Medical College, and he feels passionate about it. Now we have the scientific proof behind that passion.
The U.S. Federal Trade Commission is investigating Microsoft's planned acquisition of aQuantive as well as Yahoo!'s proposed deal to take full control of Right Media, the Wall Street Journal reported on Thursday.
Amazon.com has taken more than a million pre-orders for the final "Harry Potter" book due out in July, but the world's largest Web retailer won't make a profit, Chief Executive Jeff Bezos told shareholders at the company's annual meeting Thursday.
There may be a few party-planners at Google looking for work this morning. By now, you've heard the story, I'm sure, but for scene-setting purposes, here's the rub: eBay prepares to host its massive "eBay Live!" event in Boston this week, with 10,000 of the company's most rabid users getting together to celebrate their online lives and businesses. It's no secret that some eBayers continue to be upset about fees their paying the company and eBay's regular fee hikes.