Clik here to view.
Two in a Row for IAC
Barry Diller’s IAC/InterActiveCorp (IACI) racked up its second profitable quarter in a row Tuesday despite a decline in advertising. The company–which runs Ask.com and the Citysearch online city guide,...
View ArticleClik here to view.
BusinessWeek's Future Is Cloudy, but Better Than It Could Have Been: The Grim...
BusinessWeek employees are waiting to hear if they’ll have jobs once Bloomberg takes over the publication, and I’m told that staffers expect to hear their fate shortly after Thanksgiving. “Either...
View ArticleClik here to view.
Adobe Sees Demand Improving
Though it posted lower quarterly profit and sales for its fourth quarter, Adobe still managed to beat analysts’ projections. Reporting earnings after market close Tuesday, the software company posted a...
View ArticleClik here to view.
Oracle Tops Estimates, Expects European Union to Clear Sun Deal in January
Oracle shares are gaining in after-hours trading after the company reported second-quarter results that beat expectations. Earnings for the period were 39 cents a share, excluding special items, on...
View ArticleClik here to view.
Big Red in the Red
Reporting fourth-quarter earnings this morning, Verizon posted revenue that jumped 9.9 percent to $27.09 billion and said it added 2.2 million mobile subscribers. Yet the company reported a loss of...
View ArticleClik here to view.
Sirius XM: Back From the Brink
February has been a great month for Sirius XM Radio. Last week, its shares rose above $1, the first time they’ve crossed that threshold since September 2008. And now the company has posted its first...
View ArticleClik here to view.
Oracle: Sun Integration Going "Better Than Expected"
Evidently, Oracle’s integration of Sun is coming along well. Reporting third-quarter earnings that were in line with Street estimates after market close Thursday, the company offered an enthusiastic...
View ArticleClik here to view.
RIM Stumbles
Reporting fourth-quarter earnings after market close Wednesday, Research In Motion said it added 4.9 million new BlackBerry subscribers during the period, exceeding forecasts of 4.4 million to 4.7...
View ArticleClik here to view.
Sirius Posts a Profit
Sirius XM Radio’s latest quarter turned out to be a decent one for the satellite radio operator. Posting first-quarter earnings before market open today, the company reported a profit of $41.6...
View ArticleClik here to view.
Latest Check Shows Insufficient Venture Funds
The “Darwinian contraction” in the venture capital industry continues with no end in sight. A joint study released today by the National Venture Capital Association and Thomson Reuters found that VC...
View ArticleClik here to view.
IBM Hits on Bottom Line, Misses on Sales
Has IBM benefited from the overall uptick in corporate spending? Obviously. Posting second-quarter results after the market’s close Monday, the company reported earnings per share of $2.61, up from...
View ArticleClik here to view.
Insanely Great: Apple Shares Top $300
Steve Jobs must be smiling into his corn flakes this morning. Apple’s stock rose above $300 per share today for the first time in the company’s history. It’s trading around $301 or so as I write this,...
View ArticleAmazon Says Kindle Book Sales Have Overtaken Paperback Sales
Amazon.com announced fourth-quarter financial results today, saying it hit two milestones: It had its first $10 billion quarter, and its Kindle book sales had overtaken paperback books as the most...
View ArticleClik here to view.
Electronic Arts Focuses on Digital Strategy as Earnings Beat Expectations for...
Electronic Arts’ shares are up in after-hours trading, after beating analysts’ expectations. Now the company is turning its attention to its growing digital business. The videogame maker posted a GAAP...
View ArticleClik here to view.
Sprint Now Gaining Subscribers Instead of Losing Them
Good news for long-suffering Sprint Nextel investors: Customer retention has finally improved to the point where the carrier is able to report actual gains in postpaid subscribers, rather than losses....
View ArticleClik here to view.
InsideView, an Intelligence Dashboard for Salespeople, Raises $12 Million
When you’re gathering information on a potential sales prospect, there’s an awful lot of places to look. A decent Google search only gets you part of the way there. You can look for mentions in the...
View ArticleVC Fundraising Has Best Start Since 2001
The U.S. venture-capital industry had its best fund-raising start since 2001 as three firms dominated, Thomson Reuters and the National Venture Capital Association said Monday. Thirty-six U.S....
View ArticleeBay Appoints Devin Wenig as New President of Marketplaces
eBay has named Devin Wenig, former CEO of Thomson Reuters Markets, as new president of its Marketplaces business unit. The appointment follows the departure of Lorrie Norrington, who left the position...
View ArticleClik here to view.
ATP Capital Launching New $150 Million Mobile Fund, Changing Name
The company behind the BlackBerry Partners Fund is rebranding itself, launching a new fund and expanding its presence in Silicon Valley. ATP Capital is announcing on Wednesday that it will henceforth...
View ArticleClik here to view.
Battery Ventures Jump-Starts Avalara With $20 Million in Capital
Retailers often have a hard time figuring out how much customers need to pay in sales tax. Not only does it depend on what state or country the customer lives in, but now consumers are also...
View ArticleClik here to view.
Rafat Ali 2.0: Meet Skift, the Travel Industry's Version of PaidContent
What do you do after you build and sell a pioneering digital media start-up? Take two years off, and start building another media start-up. That’s the short version of Rafat Ali’s story. The slightly...
View ArticleClik here to view.
eBay to Stop Advertising Inside Mobile Apps: "It's Not Worth It."
EBay is ecstatic about mobile, just not about mobile advertising. Devin Wenig, eBay’s president of global marketplaces, said in an interview that next year the company will stop running mobile ads...
View ArticleClik here to view.
News Startup Circa Taps Reuters Social Media Head for Editor in Chief
Circa, a mobile-focused news startup, announced on Tuesday that it has named Anthony De Rosa as its new editor in chief. De Rosa has been the social media editor for Thomson Reuters for the past two...
View ArticleClik here to view.
Twitter Feed of Thomson Reuters Is Latest Victim of Syrian Hackers
The Twitter feed of Thomson Reuters, the global news and financial data company, appears to be the latest media victim of hijacking by the Syrian Electronic Army. The Twitter account in question,...
View Article
