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Amazon Earnings Released, Sales Up 23% At $19.74 Billion

Amazon Earnings Released, Sales Up 23% At $19.74 Billion

By Chris Crum 2 hours ago

Amazon just released its Q1 earnings report with net sales for the quarter at $19.74 billion, up 23% year-over-year. A report earlier this week indicates that the company is taking a sales hit in states that have implemented online sales …

Google Earnings Released, Revenue Up 19% Google Earnings Released, Revenue Up 19%

Google just released its earnings report for the first quarter. Revenue was up 19% from the same period last year, but it missed Wall Street estimates, and the stock is on the way down at the moment. Revenues from Google’s …

Yahoo Earnings Released, Revenue Up 1% Yahoo Earnings Released, Revenue Up 1%

Yahoo just released its earnings report for the first quarter, slightly beating Wall Street estimates. GAAP revenue was up 1% year-over-year, as was revenue ex-TAC. GAAP search revenue was up 5% year-over-year at $445 million with search revenue ex-TAC at …

Swiss Banker Found Guilty of IRS Fraud Swiss Banker Found Guilty of IRS Fraud

The Swiss banking system, and Swiss bankers in particular, were portrayed in the 2013 Oscar-nominated Scorsese movie The Wolf of Wall Street as outright corrupt. Though the movie, its events, and its characters are based on real-life events, Jean Dujardin’s …

Bezos And Others Give Business Insider $12 Million Bezos And Others Give Business Insider $12 Million

Business Insider announced on Wednesday that it has raised a new $12 million round of funding from existing investors including Amazon CEO Jeff Bezos. Others include IVP, RRE, and Gordon Crovitz. According to CEO Henry Blodget, Business Insider will use …

T-Mobile Subscribers Continued to Rise During Q4 T-Mobile Subscribers Continued to Rise During Q4

T-Mobile this week revealed its fourth quarter and full-year 2013 financial results, highlighting huge subscriber gains and strong earnings for the smallest of the four major U.S. telecoms. The biggest news for T-Mobile investors would be the company’s net subscriber …

Groupon Earnings Released, Revenue Up 20% Groupon Earnings Released, Revenue Up 20%

Groupon just released its earnings report for the fourth quarter and full year 2013. Revenue was up 20% for the quarter at $768.4 million with revenue up 18% in North America, but down 15% in the rest of the world. …

Google Announces Investment Arm Google Captial Google Announces Investment Arm Google Captial

Google announced the launch of a new growth equity fund called Google Capital. It’s backed by the company, and led by partners David Lawee, Scott Tierney and Gene Frantz. Google describes the fund as a growth-stage business counterpart to Google …

'Candy Crush' Maker King Files For IPO 'Candy Crush' Maker King Files For IPO

King Digital Entertainment, the company behind the massively popular Candy Crush Saga and other games, announced that it has filed for an initial public offering. The company said on Tuesday that it has filed a registration statement on Form F-1 …

Bitcoin Crash: Beginning Of The End? Bitcoin Crash: Beginning Of The End?
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Even when the value of the bitcoin was going up, soaring to ridiculous heights, there were whispers of doubt. “It’s the 90′s ‘dot.com’ bubble all over again”. Despite the skepticism, speculators looking to get rich quick ignored the warnings, vying …

LinkedIn Reports Earnings, Announces Acquisition LinkedIn Reports Earnings, Announces Acquisition

LinkedIn just released its Q4 and full year 2013 earnings, and announced an agreement to acquire data insights provider Bright for $120 million – 73% stock and 27% cash. “What LinkedIn does best is connect talent with opportunity at massive …

AOL Sees Best Revenue Growth In Ten Years AOL Sees Best Revenue Growth In Ten Years

AOL just released its Q4 earnings report, delivering its strongest revenue growth in a decade. Total revenue grew 13% year-over-year, mostly due to global ad revenue growth, which grew 23% itself. This includes 63% growth in third party network revenue …

Yelp Earnings Released, Revenue Up 72% Yelp Earnings Released, Revenue Up 72%

Yelp just released its earnings report for Q4 and full year 2013. Net revenue was $70.7 million, up 72% year-over-year. The company saw strong growth across all of its revenue sources. Cumulative reviews reached 53 million, up 47% year-over-year. Average …

Twitter Earnings Released, Revenue Up 116% Twitter Earnings Released, Revenue Up 116%

Twitter just released its earnings report for Q4 and fiscal year 2013, its first such report as a public company. Revenue for the quarter was up 116% year-over-year at $243 million. For the year it was up 110% at $665 …

Netflix Announces $400 Million Offering Netflix Announces $400 Million Offering

Netflix announced on Tuesday that it intends to offer $400 million worth of senior notes due 2024, through an offering to qualified institutional buyers. Netflix says it intends to use the net proceeds from the offering for “general corporate purposes,” …

Google Earnings Released, Revenue Up 22% Google Earnings Released, Revenue Up 22%

Google has released its Q4 and full year 2013 earnings a day after the company announced that it is selling Motorola Mobility to Lenovo for close to $3 billion. The company beat Wall Street estimates on quarterly revenue. Motorola revenues …

Facebook Releases Q4, Full Year Earnings Facebook Releases Q4, Full Year Earnings

Facebook just released its earnings for the fourth quarter and full year 2013. This includes revenue of $7.87 billion for the year (up 55%) year-over-year. Net income for the full year 2013 was $1.50 billion. Revenue for the quarter was …