CNBC's Jon Fortt questions whether there are "problems" with Yahoo CEO Marissa Mayer, or whether she is a "CEO genius." Bethany McLean, Vanity Fair, provides insight into her Vanity Fair piece on mixed opinions of Mayer from her former employees.» Read More
The chief financial officer of Yahoo said the company expects sales growth to accelerate in the second quarter as the company's new advertising system takes root.
Yahoo's revenue came in at $1.23 billion after subtracting advertising commissions that the company paid to its partners. That figure represented a 15% increase from the prior year and a 10% improvement from 2006's third quarter.
Yahoo and Sun Micro are giving a boost to the Nasdaq this morning but the picture for stocks is mixed as investors await today's earnings reports. Europe and Asian markets were mostly higher, and the dollar is recovering some ground against the euro and sterling, after hitting a 14-year low against the British pound. In addition to Iraq, President Bush's State of the Union puts...
Could Tuesday be a weirder day for tech earnings? Sun surprises (good). AMD posts a loss despite pre-announcing a week-and-a-half ago, surprises (bad). Yahoo comes in as expected, and the stock dips. But then, it issues surprisingly good progress on Panama (very good!).
Stocks in the U.S. for now look headed to open flat to lower-- after yesterday's rocky trading. Europe is moving lower and oil is getting a lift from cold weather. Some big companies will roll out earnings reports today, to a market that has become hypersensitive to corporate earnings growth. Bank America, Johnson & Johnson and DuPont all report today.
January has proven to be quite the busy month. We went from the Consumer Electronics Show, to Macworld, and then right into earnings season. And while there have been few tech surprises so far, this week promises to be filled with major headlines.
Google has increased its share of the U.S. Web search market to 47.4% with a gain of 0.4%during December, while No. 2 ranked Yahoo also edged higher.
Apple shares are jumping higher this afternoon--up around 6.5% after the company unveiled it's new iPhone. “We’re gonna make some history today,” said Steve Jobs, the inconic head of Apple during his annual presentation at the MacWorld conference in San Francisco. “This is a day I’ve been looking forward to for two and a half years. Every once in a while, a revolutionary product comes along that changes everything.”
Americans are a bit stodgy when it comes to using their cell phones for anything other than talking or text messaging, so don’t expect Yahoo’s New Go for Mobile 2.0 to take the country by storm. But the future of Internet distribution of news and entertainment is in hand-held devices and Yahoo is planting its flag firmly atop The Next Big Thing.
The latest thing in cars isn’t being flaunted at the 2007 North American International Auto Show in Detroit. It’s in a booth at the Consumer Electronics Show in Las Vegas. Autonet Mobile CEO Sterling Pratz told “Squawk Box” of his company’s business model: creating “an ISP for cars.” Speaking from the Nevada gaming town, Pratz described Autonet’s system that converts autos into wireless broadband – or WiFi -- “hotspots.”
"Year-End CD Sales Collapse -- Ominous Sign Heading Into 2007" reads the headline on Pali Research's music industry report. Year-end digital track sales were disappointing, but the sale of old-fashioned CD's was ever more depressing -- CD album unit sales during the last week of 2006 were 12.87 million, down 20% from 2005.
The Securities and Exchange Commission is reviewing its approval of a rule allowing the New York Stock Exchange to charge for market quotes that once were free, after receiving protests from Internet companies including Google and Yahoo.
Happy 2007! Another year -- and another search for the next holy grail of the Internet. Everyone's talking about YouTube ruling the Internet -- but it isn't as cut and dry as that. Here are some pretty stunning numbers on the online winners...
Google dazzled investors in 2006, in large part due to its ability to monetize the internet. What companies will excite investors by this time next year? We asked three of the nation’s leading web watchers about tech trends for '07. Jordan Rohan, the Managing Director at RBC Capital Markets says he likes Google....
Fox Sports is tackling the future of TV -- digital downloads. Today, Fox Sports announced that it's offering for digital download, full-length versions of all the Bowl Championship Series college football games. Most of the games you can download as soon as they're done, but the Jan 1 Cotton Bowl will be streamed live -- for free. Also, the top 10 searches from the three major search engines in 2006...
Microsoft, the world's largest software maker, is aiming to grab a bigger slice of the online advertising market for its msn.com news page and other Microsoft-owned sites.
Spurred by the popularity of MySpace, News Corp. sites have overtaken Yahoo sites as the most viewed by U.S. Internet users, according to new industry data cited by News Corp. Tuesday.
Now we know why ABC didn't join the other entertainment companies to launch a new video content site: ABC is becoming Yahoo! News main content partner. Expanding a 2005 deal for ABC News to provide ad-supported video to Yahoo! users, this new deal will provide twice as much content to Yahoo! News, including breaking news stories and features from ABC's blue chip content - stuff from Good Morning America, 20/20 etc.
Yahoo! said on Monday it is opening up its new advertising system for testing by newcomers and potential converts from rivals, marking progress in its long-awaited upgrade.
If you haven't finsihed your holiday shopping. Don’t worry: Gian Fulgoni is sure you’ll get to it today, Tuesday or Wednesday.