Tag: Financial

Groupon Continues to Grow at Funding, Valuation, and Geographical Levels
Groupon has reportedly closed a new round of funding at $950 million. Ac...
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Rumor Ties Facebook, Twitter To SEC Inquiry
Don't look for employees at these companies to break out shredders - or even break a sweat - quite yet, but the Securities and Exchange Commission might be curious about certain...
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Groupon Appoints Amazon Exec CFO
The company that supposedly turned down a $6 billion acquisition offer from Google has now given another sign that it has some very interesting financial plans.  Groupon an...
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Yahoo Puts Pre-Tax Cost Of Layoffs At $33-$38 Million
Shareholders may grumble, but there's perhaps a bit of good news regarding the four percent of Yahoo's employees who were laid off last week.  Yahoo's calculated the pre-ta...
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Hulu Attributes Unexpected Revenue Growth To Hulu Plus
Early reviews of Hulu Plus weren't too favorable, with most folks coming to the conclusion that Netflix was a better deal.  The newer service has cut its price and improved...
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Report: Facebook’s 2010 Sales Revenue May Hit $2B
Less than 24 hours after Twitter raised $200 million in funding at a valuation of $3.7 billion, there's good news about Facebook on the financial front, as well.  A report'...
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Twitter Raises $200M In Funding At $3.7B Valuation
For most people with a financial interest in Twitter, these are going to be some happy holidays indeed.  The company's confirmed a new round of funding, and reports indicat...
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Morgan Stanley Raises Google Price Target By $30
Global financial services firm Morgan Stanley has a lot of confidence in Google.  This morning, the organization added Google to its "Best Ideas" list, and also u...
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Report Indicates DST Won’t Lead Twitter Funding Round
Digital Sky Technologies, the Russian investment firm that's pretty well poured money into Facebook (and also funded Groupon and Zynga), apparently won't be providing Twitter wi...
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Google Visualizes U.S. Budget Data with Public Data Charts
Back in March, Google launched a Google Labs experiment calle...
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Facebook’s Valuation Hits $50 Billion On Private Market
While this pronouncement may be a little early, it looks like Facebook investors are in for a very merry Christmas indeed.  The value of the company's stock has continued t...
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Verdict: SAP to Pay Oracle $1.3 Billion
Oracle is reportedly being awarded $1.3 Billion from SAP, as the result of a jury's verdict following an 11-day trial. The case dates back to 2007 when Orcale sued SAP for illeg...
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Report: Facebook Tops eBay In Value
A certain social network may now trail only Google and Amazon in value when it comes to American Web companies.  Facebook's privately traded shares have apparently apprecia...
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Priceline Smashes Q3 Earnings Expectations
William Shatner is due a raise, a bonus, or both.  This afternoon, Priceline - which has wisely used Shatner as its spokesman for years - posted its third-quarter earnings...
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Investors Show Support For Yahoo-AOL Deal
Starting late yesterday, a fresh round of rumors began to circulate about a possible Yahoo-AOL deal.  Then other sources and experts denied that anything's taking place.&nb...
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