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If Facebook wanted to buy Tumblr, it would have bought Tumblr. But Tumblr has a mobile problem.
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Cisco Systems Inc. fell. 6 percent to $23.80 with 23,250,500 shares traded. Clearwire Corp. rose 4.9 percent to $3.42 with 29,710,900 shares traded. DryShips Inc. rose 4.1 percent to $2.26 with 11,472,400 shares traded.
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If Facebook wanted to buy Tumblr, it would have bought Tumblr. But Tumblr has a mobile problem.
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*U.S. Senate subcommittee says Apple paid no tax on $29.9 bln dividends. CORK/ DUBLIN, May 21- Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries.
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Ireland said on Tuesday it was not to blame for Apple's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits.
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*U.S. Senate subcommittee says Apple paid no tax on $29.9 bln dividends. DUBLIN, May 21- Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits stashed in Irish subsidiaries.
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As investors and analysts size up Yahoo's latest $1.1 billion acquisition, it is worth reflecting on the GeoCities deal, which has many similarities, the NYT reports.
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*Ukraine's potholed roads sign of economic, political woes. KIEV, May 21- As the snow and ice began to melt in Ukraine this spring, exposing fresh cracks and potholes in the roads, hundreds of motorists gathered outside a government building carrying unusual burdens.
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SAN FRANCISCO, May 20- Yahoo Inc announced on Monday it would shell out $1.1 billion to buy blogging service Tumblr, in a bid to revitalize its brand and attract a younger generation of users.
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SAN FRANCISCO, May 20- Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal.
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Investors are asking how Yahoo plans to make money off Tumblr's users—who want reassurance the grown-ups won't spoil the fun.
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In the wake of Yahoo's announcement on Monday that it's snapping up Tumblr for $1.1 billion, the attention has shifted to which companies could be next.
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Yahoo's bold bet on blogging site Tumblr for $1.1 billion in cash, Dallas Fed President Richard Fisher gives CNBC his views on easing, SAC Capital talks with government fall apart.
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Stocks closed slightly lower in choppy trading Monday, pulling back after the Dow and S&P 500 hit fresh all-time highs and amid ongoing worries that the Federal Reserve may taper its bond-purchase program.
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For many small businesses, publicity is a luxury. So we thought it'd be fun to reflect on businesses that have made clever plays for publicity, sometimes on small budgets.
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Here's why more "hash crash" events, like the bogus AP tweet that caused the markets to tumble, are disasters waiting to happen. The Financial Times reports.
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Cisco Systems Inc. fell 2.0 percent to $23.76 with 29,194,000 shares traded. Facebook Inc. fell 1.7 percent to $25.80 with 26,942,000 shares traded. Intel Corp. rose. 2 percent to $24.08 with 16,610,500 shares traded.
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Google is using Nvidia to fight its main rivals: Apple in mobile computing, Microsoft in PCs and gaming, and Facebook in social networking, TheStreet.com says.
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Yahoo's acquisition of blogging website Tumblr makes sense, Cramer said Monday, and many in the market may not be young enough to realize it.
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May 20- Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue.
