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Yahoo Jumping on the Startup Acquisition Bandwagon
Monday, May 20, 2013 - 10:40am | 566AOL Inc.(NYSE: AOL) has Huffington Post. Google Inc. (NASDAQ: GOOG) has YouTube. Facebook Inc. (NASDAQ: FB) has Instagram. And now, Yahoo Inc. (NASDAQ: YHOO) is getting a startup of its own as well. The Wall Street Journal reported Sunday that Yahoo’s board approved $1.1 billion to acquire...
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Did Barnes & Noble's Nook Just Become a Kindle Clone?
Friday, May 3, 2013 - 12:21pm | 585The splashy ad on the Barnes & Noble (NYSE: BKS) website, says it all: “All New NOOK HD Tablets – now with over 700,000 Android apps & games.” The NOOK, it seems, has gone over to the dark side by providing access to the entire catalog of Android apps on Google’s (NASDAQ: GOOG) Play...
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Online Advertisers and Senators Butt Heads Over 'Do Not Track'
Thursday, April 25, 2013 - 9:20am | 668Digital advertising advocates are concerned that browser “do not track” settings will bring financial ruin to small online businesses. On the other hand, members of Congress, including Sen. Jay Rockefeller (D-W. Va.), say online companies are not complying with the wishes of consumers who do not...
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Bank Of America Maintains Buy On Google Inc.
Friday, April 15, 2011 - 7:57am | 118Bank of America is maintaining its Buy rating as well as its price target of $750 on Google Inc (NASDAQ: GOOG) based upon 1Q revenues. Says Bank of America, in its report, “We look for a better 2H driven by: 1) better clarity on '11E margins and estimates after the June quarter is reported, 2)...
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Credit Suisse Raises GOOG Target To $750
Friday, January 21, 2011 - 10:06am | 76Google Inc. (NASDAQ: GOOG) reported solid 4Q10 results, driven by better-than-expected revenues, in-line margins, and a lower than expected tax rate, Credit Suisse reports. “As a result, non-GAAP EPS of $8.75 vs. $6.79 easily beat our $7.88 estimate,” Credit Suisse writes. “We maintain our...
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UBS Reiterates Google (GOOG) Buy Rating
Tuesday, March 30, 2010 - 9:45am | 172UBS analysts Brian Pitz, Brian Fitzgerald and Kaizad Gotla reiterated their Buy rating for shares of Google Inc. (Nasdaq: GOOG), with a price target of $700. The UBS analysts ran three DCF scenarios resulting in a $12 to $26 per share range for Google China. Because Google Inc shares have lost $28...
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Google (GOOG) Redirects Traffic Away From China-Based Site
Monday, March 22, 2010 - 4:07pm | 176Internet search giant Google Inc. (Nasdaq: GOOG) has begun automatically redirecting internet surfers away from China-based google.cn to Hong Kong-based google.com.hk. Google has not provided an explanation or made any announcements regarding the redirect issue but there can be little doubt that it...
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Chinese Minister Warns Google (GOOG)
Friday, March 12, 2010 - 12:45pm | 139China's minister of Industry and Information Technology, Li Yizhong, warned Google Inc. (Nasdaq: GOOG) that it would be seen as "unfriendly and irresponsible" if the internet search giant didn't obey China's internet search censorship laws. Chinese law dictates that internet search engines like...
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Google (GOOG) Executives Convicted Of Privacy Violations
Wednesday, February 24, 2010 - 8:58am | 119Three executives of search engine giant Google Inc. (Nasdaq: GOOG) were tried and convicted in absentia in an Italian court of privacy violations. Vivi Down, an advocacy group for people with Down Syndrome, sought the charges against Google after a video of an autistic child being beaten by bullies...
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Collins Stewart Reiterates Microsoft (MSFT) $38 Price Target
Tuesday, February 16, 2010 - 10:26am | 156Collins Stewart analysts Sandeep Aggarwal and Stan Velikov reiterated their Buy rating and price target of $38 for shares of Microsoft Corporation (Nasdaq: MSFT) after getting a look at the software giant's new mobile phone operating system. The analysts attended the Mobile World Congress in...
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HTC Unveils Phone Similar To The Google (GOOG) Nexus One
Tuesday, February 16, 2010 - 9:06am | 142HTC unveiled a new Android based mobile phone at the Mobile World Congress in Barcelona that has many of the same features as the Google Inc. (NASDAQ: GOOG) Nexus One but at a lower price. HTC's new phone, named Desire, uses the Qualcomm, Inc. (NASDAQ: QCOM) one gigahertz Snapdragon chip and a...
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Intel (INTC) And Nokia (NOK) Take On Google (GOOG)
Monday, February 15, 2010 - 10:25am | 141Intel Corporation (Nasdaq: INTC) and Nokia Corp. (NYSE: NOK) announced that the two companies would merge their Linux operating systems to create Meebo, a mobile phone platform able to work across a wide range of devices. The pairing of the world's most powerful chip maker and the world's largest...
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Baidu (BIDU) Forecast Exceeds Analysts' Projections
Wednesday, February 10, 2010 - 12:48am | 175After reporting a 4th quarter earnings increase of 48%, the Chinese Internet company Baidu, Inc. (Nasdaq: BIDU) surprised analysts with its forecast for 1st quarter revenue. Baidu, Inc. said it expects revenue of $176 million to $181 million in the 1st quarter. A poll of analysts by Thomson Reuters...
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Facebook Ends Microsoft (MSFT) Banner Ad Deal
Saturday, February 6, 2010 - 4:23pm | 227Privately held Facebook has ended its deal with Microsoft Corporation (Nasdaq: MSFT) that had Microsoft providing the banner ads that were displayed on Facebook. Although the deal was supposed to run until 2011, the two companies did not disclose whether or not Facebook would compensate Microsoft...
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Goldman Sachs (GS) Raises Baidu (BIDU) Target Price, Shares Jump
Wednesday, February 3, 2010 - 7:59pm | 189Shares of Chinese internet search leader Baidu, Inc. (Nasdaq: BIDU) jumped more than 5% today as the company was the recipient of good news on a number of fronts. Goldman Sachs (NYSE: GS) analyst James Mitchell raised his price target for Baidu, Inc. from $500 to $550, while maintaining his Buy...