St. Valentine’s Massacre: Dating Site SNAP Plunges 12% on 4Q Loss
Shares of online dating site SNAP Interactive plunged nearly 12 percent Tuesday after the online dating site on Facebook reported a big fourth-quarter loss.
Baidu, China’s Google, Could Report 4Q Net Rose 70 Percent on Ad Strength
Baidu, China’s equivalent of Google, could report fourth-quarter earnings rose about 70 percent due to strong growth in usage and ad sales, analysts estimate.
Yahoo Shares Dip After Reports of Alibaba Flap
Shares of Yahoo, the No. 2 search engine, fell about 7 percent after reports of problems in divesting Asian assets by new CEO Scott Thompson.
Google Shares Ignore OK of Motorola Takeover
Shares of Google are showing little reaction to approvals by both the U.S. Justice Department and the European Commission to its six-month pursuit of Motorola Mobility.
Apple at $500: Nowhere to Move but Up?
Apple made history Monday as shares of the world’s most valuable company exceeded $500 for the first time. They closed at a record $502.60.
Apple, Under Fire, Seeks Fair Labor Probe of Chinese Plants
Apple, under attack for poor labor practices at its Asian contract manufacturers, said it had asked the Fair Labor Association to inspect them.
Apple Shares Top $500, Setting New Milestone
Shares of Apple, the world’s most valuable technology company, hit the $500 mark Monday valuing the company at $462 billion. It remains the world's most valuable company.
Technology Focus: Cyber Threats Outrun Y2K Challenges, Disaster Scenarios
Turn the clock back 13 years to 1999. Seek out the Chief Information Officer of every large business. What was the big worry? Y2K.
Rotten Apple: Slave-labor Workers Overseen by Company Director Al Gore
Is there anyone on the planet who hasn't read of the spate of suicides, worker deaths and accidents at the Chinese plants owned by Taiwan's Hon Hai Precision Industries, better known as Foxconn?
Oracle vs. SAP: What’s Left After Taleo Buyout?
Now that perennial slugfest rivals Oracle and SAP have snapped up more human-resources software providers for the cloud, what’s left?
FBI Notes on Steve Jobs Cited Drug Use, Abrasiveness
Newly released Federal Bureau of Investigation files regarding Apple Chairman Steve Jobs noted the computer visionary’s use of drugs, abrasive personality but also his fitness for a prospective government appointment.
Oracle to Buy Taleo, HR Software Giant, for $1.9 Billion
Oracle, the world’s biggest database developer, said it plans to acquire human resources software provider Taleo for $1.9 billion. The news sent shares of Taleo up 17 percent.
Cisco Systems 2Q Results Blow Past Estimates on Record Sales
Cisco Systems, the No. 1 provider of Internet equipment, reported second-quarter results that blew past estimates for both earnings and sales.
Teachers Fund, NOW Knock Facebook for Lack of Women Directors
Has Facebook, the No. 1 global social media site now seeking to go public, overlooked women, who constitute more than half of its 845 million members?
Rambus Shares Surge After Reaching Nvidia Patent Deal
Shares of Rambus soared as much as 12 percent before the market opened Wednesday after the company reached a cross-licensing deal with Nvidia.
Yahoo Shakeup: Chairman Out, 3 Other Directors Out
Yahoo, No. 2 in search, shook up its board of directors a month after recruiting new CEO Scott Thompson from eBay’s PayPal unit.
Symantec Extorted, VeriSign Hacked: Are the Security Experts Defensible?
Symantec, the owner of Norton Anti-Virus and other security software brands, said someone claiming to be part of Anonymous attempted to extort $50,000 in return for not posting code.
Oracle Rejects Pact, Wants New Trial in SAP Copyright Dispute
Oracle, the No. 1 database developer, rejected a $272 million settlement from German arch-rival SAP over alleged infringement of intellectual property.
Cisco Systems: 2Q Results Could be 2012 Technology Bellwether
Shares of Cisco Systems, the No. 1 provider of Internet equipment, could be volatile the next two days before the company reports second-quarter results after Wednesday’s close.
IBM Opens Giant India Data Center for Tulip Telecom
IBM's 900,000 square-foot Bangalore computer center is Asia's largest to date.
Apple Took Nearly Quarter of 4Q Smartphone Shipments: IDC
Apple took nearly a quarter of fourth-quarter 2011 smartphone shipments that skyrocketed 55 percent, market researcher International Data reported.
Micron Technology Shares Fall After New CEO Named to Replace Appleton, Killed in Crash
Shares of Micron Technology fell 3 percent Monday after the chipmaker appointed Mark Durcan, president and COO, to the top spot.
Apple Shares Set New All-Time High of $460, Keeping Most-Valuable Crown
Shares of Apple., the world's most valuable company, set another intraday record high of $460 on Friday, valuing the company at $428.6 billion. The shares closed at a record $459.68, up $4.56 or 1 percent.
New Private Facebook Share Sale Values Company at $94 Billion
Shares of Facebook were auctioned Thursday on the private site SharesPost that would value the entire company at $94 billion.
Microsoft Keeps Blasting New Google Policies in Three Day Ad Volley
Microsoft, the No.1 software company, is hitting back at Google, No. 1 in search, by insinuating new Google policies may inadequately protect consumer privacy.
New HP CEO Whitman Had $16 Million Payday
New Hewlett-Packard CEO Meg Whitman, who takes a $1 annual salary, got stock options that could be valued as high as $16.1 million, the company’s proxy filing said.
Facebook IPO: 5 Danger Signs for Investors
Assuming the $100 billion initial public offering by Facebook proceeds as planned, investors will likely clamor for shares and snap them up, just as in earlier Web frenzies for Netscape Communications, Yahoo and Google. But there are dangers.
Facebook’s IPO Filing: 5 Things We Know Now
Facebook filed for an initial public offering with the U.S. Securities and Exchange Commission Wednesday, for the first time doing a public financial strip tease.
Facebook IPO: Zuck's Huge Payday Puts Him in the Biggest Leagues of All
Now that the Facebook filing is available, it's pretty clear that before he turns 28, CEO Mark Zuckerberg will be a billionaire. Maybe, if the IPO is as successful as hoped, he'll be worth about $28 billion.
Amazon Shares Plunge 11 Percent, Chopping Bezos Fortune by $1.6 Billion
Shares of e-retailer Amazon plunged as much as 11 percent Wednesday after the company reported poor results. The fall sliced more than $1.6 billion from the fortune of CEO Jeff Bezos.
