After David Einhorn bailed out of Yahoo! and Morgan Stanley downgraded Google, should you also turn your back on Internet giants?
Outspoken hedge fund manager David Einhorn has dumped his stake in Yahoo after just three months, Zero Hedge reports.
Google is continuing to hold its own despite Facebook and Skype's video chat integration, according to Ben Rogoff, fund manager at Polar Capital Partners.
The social media giant Facebook reached a deal with the web-based communication platform Skype to offer a video conference service to its users, while Skype is in the process of being acquired by Microsoft.
Former Yahoo CEO Terry Semel tells the New York Times that a takeover may be in the offering, with the Fast Money traders.
This weekend, we celebrated America: Its rolling hills, its stars and stripes, and the entrepreneurial spirit that makes it tick.
Stocks closed sharply higher Friday to finish their best week almost two years following a stronger-than-expected manufacturing report that helped calm some doubts over the slowing recovery.
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.