Despite the fact that the Los Angeles Times reported today that "Google is in preliminary talks to buy online video pioneer Hulu," a number of sources very close to the negotiations tell me that all talks are "very preliminary" and it is "impossible to characterize anyone as being in the lead."
Have you been reading the headlines? There was a big earthquake in Haiti. Some men were rescued from a mine in Chile. Oh, and apparently there was a gigantic oil spill in the Gulf of Mexico the New York Times reports.
The chairman of Yahoo voiced support for Chief Executive Carol Bartz, saying the company has a clear path forward toward accelerated revenue growth.
In Thursday's trading, the market will focus on weekly jobless claims and fully digest the Fed news. But buckle up: With earnings season around the corner, some pros say it's going to be a bumpy ride.
Hulu is headed toward the auction block — it's retained investment bankers Morgan Stanley and Guggenheim partners to assist with a sale that will open to bidders in two weeks, according to the LA Times.
Stocks fell in the final hour of trading to close lower Wednesday after Fed chairman Ben Bernanke acknowledged that the pace of the economic recovery is slower than expected, but offered no hint about plans for new stimulus measures.
Stocks slipped slightly after Federal Reserve chairman Ben Bernanke acknowledged that the pace of the economic recovery is slower than expected, but gave no further clue for new stimulus plans.
Stocks traded flat Wednesday, cutting earlier losses, ahead of the Federal Reserve's decision on monetary policy and waited for comments from chairman Ben Bernanke later this afternoon.
For Reid Hoffman, the chairman of LinkedIn, it took less than 30 minutes to earn himself an extra $200 million the New York Times reports.
Pandora Media's lack of profitability didn't stop investors from tuning in to the Internet radio stock, boosting it's price as much as 50 percent in its market debut Wednesday.
Calls outnumbered puts by more than 2 to 1 yesterday, another indication that the sentiment remains bullish.
Helping individuals to make money is the next big trend for investing in online companies, according to one of the early investors in TweetDeck.
Some people will tell you that because the oddsmakers aren't expecting a new iPhone from Apple today, this Steve Jobs keynote isn't a very big deal. They're wrong. This is the most important Apple announcement in recent memory.
While growing computing demand will mean more energy consumption, wider use of cloud computing technology will prove to be a net benefit to the environment over the longer term, say industry watchers.
Stocks sank more than 2 percent Wednesday, following several economic reports that confirmed a struggling recovery and after Moody's downgraded Greece's bond ratings deeper into junk status.
CEOs, financiers and entrepreneurs are mingling and doing deals here at the D9 conference. A few tidbits from the opening hours.
Over the past five years, the average return of the NASDAQ 100 and NASDAQ Composite during the summer months outperformed the Dow and S&P 500.
Internet advertising continues to gain ground — and share of advertisers budgets. Internet ad revenues hit $7.3 billion in the first quarter — a 23 percent increase from a year ago and the highest first-quarter revenue ever, according to the Interactive Advertising Bureau and Pricewaterhouse Coopers.
Yahoo is set to host its 2011 investor day on Wednesday and investors are eager to grill the company. Get all the details from analyst Colin Gillis of BGC Partners.
Colin Gillis, BGC Financial analyst, discusses how he expects Yahoo will addres its 'Alipay' blunder at tomorrow's investor day.