Shares of Yelp, the online business review site, plunged about 16 percent on Tuesday after it reported a surprise second-quarter loss.» Read More
Amazon.com's quarterly net income doubled from a year ago and beat Wall Street targets, though much of the gain was related to the sale of European DVD rental assets, confusing some investors.
Competing missives today from The Wall Street Journal and the New York Times about the latest in the does-he-or-doesn't-he-have-cancer, or is-Apple-lying sweepstakes. If I sound a little flip, my apologies, but the real nuggets of news buried deep within the noise, are getting lost.
Amazon goes through these financial fits and starts quarterly, so the decline investors have suffered these last few months should not come as any major surprise. What they have to ask themselves instead is whether that slide is justified? Or whether it represents some kind of buying opportunity?
It was a rare opportunity indeed, and a classy, stand-up decision by Yahoo President Sue Decker to sit down with me and answer some tough questions following months of wrangling, first with Microsoft, and then Carl Icahn.
The company holds to its 2008 outlook, despite a drop in second-quarter earnings. and says it is will continue to look at possible transactions, says CEO Jerry Yang.
Yahoo's numbers don't do much to re-assure investors that this executive team is executing on the strategies CEO Jerry Yang has talked about to improve Yahoo's fundamentals. Add today's earnings to the shareholder agenda at the meeting next week. Investors simply cannot be happy with today's performance.
I posed that question last week after I had been reading about gamblers complaining about bounced checks and being told it was going to take longer to get their money. Here are some responses. I have withheld names from these submissions for obvious reasons.
ComScore has released its first study on internet usage in India. (What took so long? Seems half the internet is RUN in India.) Not surprisingly, internet usage there is growing quickly.
Yahoo may have doused one raging fire this week, settling with Carl Icahn, but there's still another blaze burning: the company's underlying business, and that may take far more effort to put out.
If you think you can't do much about high gas prices, you might want to think again. There's a new little gadget can help drivers burn less fuel. Ron DeLong, founder and owner of Linear Logic, maker of ScanGauge Version II explains.
The fact is, Apple has beaten the Street for the past seven straight quarters, and there's every indication that the company will do so again this time around. And yet the stock still languishes.
For eight years, Arnold Kim has been trading gossip, rumor and facts about Apple, the notoriously secretive computer company, on his Web site, MacRumors.com. Dr. Kim’s Web site now attracts more than 4.4 million people and 40 million page views a month, according to Quantcast, making it one of the most popular technology Web sites.
Yahoo has reached a settlement with activist investor Carl Icahn to avoid a battle for control of the company.
This week, Rep. Jim A. McDermott (D-Wash.) introduced legislation that would legalize, regulate and tax online gambling. I’m not sure if it’s ever going to happen, but in the meantime, it should be noted that it’s getting harder and harder to bet online. Let me rephrase that.
Yahoo is unlikely to get into a bidding war over AOL with Microsoft because if Microsoft gets in the way, Yahoo could instead renew talks over News Corp's Web properties, a person with knowledge of the plans said Thursday.
Earnings reports from Google and Microsoft are casting doubts on the assumption that these tech giants are immune to the recent economic downturn.
Sixty eight million unique users watched YouTube videos in May, streaming 3.8 billion videos. TiVo's hoping this will be a key factor differentiating their service from all the other DVR services cable companies and the like now offer.
The company missed the Street expectations by a penny, so in the big scheme of things not such a devastating issue. But the miss comes on far better than expected top line growth: $15.8 billion instead of the $15 billion analysts expected. What's the problem here?
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.