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Financial
Google Gains Right To Sell AOL Stake
By Doug Caverly - Tue, 07/01/2008 - 5:02pm.
Google's owned a five percent stake in AOL for the better part of three years. Now, thanks to the passage of time and the terms of their partnership, the search giant's getting the option of escaping.
Nobody Went Public Last Quarter
By Jason Lee Miller - Tue, 07/01/2008 - 12:51pm. 1 comment
For the first time in thirty years, Wall Street saw a quarter come and go with no companies going public. The second quarter of 2008 proved to be a disappointing one all around. Adding on to residual distrust from the dotcom bust, venture capitalists and investment firms are reluctant to debut their startups to the public market during such a weak climate. Memories of Vonage's embarrassing public offering two years ago don't help the situation; venture capitalists feel going public during the current market's mood would be anticlimactic.
Yahoo: Icahn's Slate is Not the Right Answer
By Jason Lee Miller - Mon, 06/30/2008 - 12:20pm.
Yahoo's annual shareholder meeting in August should be a fiery one. The company filed a presentation today imploring stockholders to support Yahoo's Board of Director nominees. As has been the pattern for communication between Yahoo executives and Carl Icahn, the presentation is blunt and clear in how CEO Jerry Yang and company feel about Icahn's proposals. They might as well have written, "Tell Carl to eff off, will ya?"
The Transaction of a "Lifetime"
By Chris Crum - Sun, 06/29/2008 - 2:58pm. 4 comments
eCommerce has come a long way over the years. You can buy or sell just about anything online. You can buy DVDs, cars, digital music, real estate, and brides. You can sell televisions, cosmetics, hand-made crafts, and even your skin as ad-space. You can apparently even sell your entire life - in a manner of speaking anyway.A 44-year-old man by the name of Ian Usher recently put his up on the auction block via eBay (the only way to go to unload your history).
Google Finally Finds New CFO
By David A. Utter - Wed, 06/25/2008 - 5:44pm.
George Reyes announced he would leave Google's chief financial officer post back in August 2007. A year later, his replacement will take over his duties.
Amazon's Bezos Throws Some Money At Twitter
By Jason Lee Miller - Tue, 06/24/2008 - 4:20pm.
Amazon.com founder Jeff Bezos has thrown a little love (and presumably a lot of money) at Twitter. Twitter creator Biz Stone made the announcement via his blog that Bezos Expeditions, Bezos's investment firm, joined Spark Capital's Bijan Sabet on the Twitter investment team.
Real-Time NYSE Quotes Find Their Way To Google Finance
By Doug Caverly - Tue, 06/24/2008 - 2:47pm.
Watching stock quotes trickle in after the market closed has always been a strange experience. We can thank Google for making it a thing of the past, as real-time NYSE quotes are becoming available.
Google Finance Gets A Date
By David A. Utter - Mon, 06/23/2008 - 1:35pm.
The financial service site operated by Google actually got two dates, allowing visitors to customize the range of activity they see with a stock.
Digital Revenue Becoming More Important To Dow Jones
By Doug Caverly - Fri, 06/20/2008 - 9:37am. 2 comments
Dow Jones is about as old a company as you're likely to run into; founded in 1882, it makes at least a couple of countries look young. It's staying with the times, though, as Rupert Murdoch expects considerably more than half of its revenue will soon come from digital undertakings.
Priceline Hailed By Piper Jaffray
By Doug Caverly - Thu, 06/19/2008 - 11:19am.
Priceline.com has some good things going for it. First, William Shatner stars in the travel the company's commercials. Second, it's an "Internet Top Pick," according to investment bank and securities firm Piper Jaffray.
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