Tag: Financial

Intel Acquires McAfee: Now It’s Official
Last summer, Intel announced its intention to acquire McAfee for about $7.68 bil...
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Big JPMorgan Twitter Investment Rumored
Earlier this month, JPMorgan Chase raised $1.2 billion to establish a digital growth fund, and it looks the organization is wasting no time in putting that money to use.  R...
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Groupon’s CEO Pegs 2010 Revenue At $760 Million
When Groupon was said to have turned down a $6 billion acquisition offer from Google, many onlookers wondered what could possibly have motivated that decision.  Now we know...
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Zacks Investment Research Downgrades Google
Investors who own shares of Google are sure to be thankful of that fact today; Google's stock rose 0.18 percent even while the Dow and Nasdaq sank 0.87 percent and 1.21 percent,...
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Demand Media Posts First Earnings Report as Public Company
Demand Media posted its fourth quarter financial results today - the company's first earnings report since going public last month. Demand posted revenue of $73.6 million, an in...
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$1 Billion Yandex IPO Set For This Summer
Anyone who would like to invest in Russia's most successful search engine may want to start saving pennies and talking to his (or her) stockbroker.  Reports indicate that Y...
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New Report Pegs Zynga’s Valuation At $10 Billion
Social gaming company Zynga, which is the force behind sensations like FarmVille and CityVille, continues to be a hit with investors.  Days after rumors indicated Zynga wou...
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Greplin Reportedly About to Open Up to the Public
We've written about Greplin a couple of times - once after the service launched...
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Kleiner Perkins Invests $38 Million In Facebook
Although it arguably doesn't need much more support at this point, popular social network Facebook now has the backing of one of Silicon Valley's most respected venture capital...
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Investors May Value Zynga At Between $7B, $9B
Late last week, reports indicated that several different companies (including Facebook and Google) have shown interest in acquiring Twitter for $8 billion to $10 billion. ...
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Slacker Preps On-Demand Launch, Raises $3 Million in Funding
Slacker has raised $3 million in debt funding according to a SEC filing. This adds to the growing number of music startups that have gained additional funds in 2011. While Sl...
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eBay Expects $13 Billion in Revenues in 2013
eBay said it expects double-digit annual revenue and earnings growth over the next three years. The company outlined its growth plans in a meeting yesterday. eBay expects revenu...
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Major VC Firm Buys $80 Million In Twitter Stock
The way in which it's done so is a bit unusual, but the venture capital firm founded by Marc Andreessen and Ben Horowitz has thrown its weight behind Twitter.  A report's i...
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Should There Be an iPod Tax?
The largest performers union in Canada is attempting to place a tax on iPods. A...
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AOL Beats Q4 Estimates
Earlier this morning, AOL reported its fourth quarter earnings results, and for shareholders, there's both good news and bad news.  The good: the company beat most analysts...
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