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Looking a little deeper, the company's web site gross revenue failed to meet expectations: $3.53 billion versus the range of $3.54 billion to $3.57 billion. Networks site revenue was in line at $1.66 billion.
Google's quarterly net income fell short of Wall Street expectations Thursday, suggesting it may be suffering from a weakening U.S. economy like its rivals, and its shares fell about 10 percent.
Yahoo said on Thursday billionaire Carl Icahn's agenda presents a "significant risk" to the value of Yahoo stock, and that it would only sell itself to Microsoft under the right terms.
Microsoft will report its fourth fiscal earnings quarter after the bell today, and investors will be keenly watching guidance to make sure the company wasn't too aggressive in its forecasts the last time around.
Google shares might not reflect the level of optimism swirling around this company right now, but this could be a break-out earnings report from Google after the bell later today.
EBay gave a disappointing outlook that reflected caution about a U.S. economic slump and competitive threats to its online auction business, sending its shares down 7 percent.
For eBay, quarterly results are normally all about "beat and raise." Beat the Street's estimates in the current quarter, and raise guidance for the upcoming quarter. This time around, batting .500 just isn't good enough for the online auction powerhouse, especially when so many on the Street expected them to beat anyway.
This has been a raucous legal quarter for online auction house eBay: filing suit against Craigslist, where it owns a 28 percent stake in that company; eBay stock has fallen about 13 percent since its last report; 20 percent since the beginning of the year.
Time Warner discussions to merge or sell its AOL internet division with Microsoft or Yahoo have taken on new urgency ahead of Yahoo's Aug 1 shareholders meeting, a source familiar with the discussions told Reuters on Tuesday.1st paragraph of story should go here
Defendants and plaintiffs in two related copyright infringement lawsuits against YouTube have reached a deal to protect the privacy of millions of YouTube watchers during evidence discovery, a spokesman for Google said on Monday.
EBay scored a major court victory Monday when a federal judge ruled that Tiffany had failed to prove the online auctioneer was responsible for the sale of fake Tiffany jewelry on its site.
Alcoa may have kicked off earnings season last week, but this week, the biggest names in the tech sector take center stage: Intel and IBM tomorrow: eBay Wednesday; Microsoft and Google on Thursday.
Microsoft and billionaire investor Carl Icahn's joint proposal for Yahoo , which was rejected on Saturday, included improved revenue guarantees from search advertising, people familiar with the matter said on Sunday.
So, CNBC asked four market watchers for stock picks -- given a five-year time horizon -- for 20-somethings. Check out their picks.
It's all about the time horizon for Generation Y investors, said Bob Sullivan of Satuit Capital Management. Here are his recommendations for the estimated 70 million 14- to 28-year olds.
Let me focus on something that deserves a lot more attention: the upcoming Apple App Store, a new online Apple store that will post and sell third party software applications. And, if you believe iPhone's sales projections in the coming years, App could match or rival iTunes as a revenue stream down the road.
Advertising revenue from YouTube is likely to total about $200 million this year and thus fall short of parent company Google's expectations, The Wall Street Journal said on Tuesday, citing two sources familiar with the matter.
Just days away now from the release of Apple's next generation iPhone, the so-called iPhone 3G. And if the first one was dubbed the "Jesus Phone" because of the overwhelming hype, hope and promise of that device, then this new one is quite literally iPhone's Second Coming.
Microsoft threw its weight behind investor Carl Icahn's effort to dump Yahoo's board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company.
A potential deal between Yahoo and Time Warner's AOL division is unlikely before Yahoo's annual meeting on Aug. 1, a person familiar with the negotiations said Monday.