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Apple Pay Headed To UK Banks, NYC Parking Tickets

Apple Pay Headed To UK Banks, NYC Parking Tickets

By Chris Crum December 31, 2014

Apple is just getting started with its payments product Apple Pay. It’s looking like 2015 is going to be a big year for it as more and more institutions and businesses adopt it. We already learned that Chevron, which already …

Facebook Releases Earnings, Revenue Up 59% Facebook Releases Earnings, Revenue Up 59%

Facebook just released its Q3 earnings report with revenue of $3.2 billion, up 59% year-over-year. Revenue from advertising was $2.96 billion (up 64%) while mobile ad revenue represented 66% of that. Revenue from payments and other fees was $246 million, …

Amazon Reports 20% Sales Increase, $544 Million Loss Amazon Reports 20% Sales Increase, $544 Million Loss

Amazon just released its earnings report for the third quarter. Net sales were up 20% year-over-year at $20.58 Billion, which is a bit under analysts’ expectations. Earnings per share came in at – $0.95, which is significantly less than expected. …

Microsoft Earnings Released With Record Revenue Microsoft Earnings Released With Record Revenue

Microsoft just released its earnings for its Fiscal Year 2015 Q1, posting record first-quarter revenue thanks to its cloud and hardware offerings. The company managed to beat Wall Street expectations with EPS at $0.54 and revenue at $23.2 billion, down …

Yahoo Earnings Released, Revenue $1.09 Billion Yahoo Earnings Released, Revenue $1.09 Billion

Yahoo just released its earnings report for the third quarter. Revenue was $1.09 billion with earnings per share at $0.52. The company’s results were well above Wall Street expectations. “We had a good, solid third quarter. We delivered $1.094 billion …

Apple Earnings Released, Revenue $42.1 Billion Apple Earnings Released, Revenue $42.1 Billion

Apple just announced its earnings for its fiscal 2014 Q4. This includes revenue of $42.1 billion and quarterly net profit of $8.5 billion, or $1.42 per diluted share. That’s compared to revenue of $37.5 billion and net profit of $7.5 …

Is Google’s Core Business Actually In Trouble? Is Google’s Core Business Actually In Trouble?

Google released its earnings report for the third quarter on Thursday, and while the company managed to post a revenue increase of 20% year-over-year, analysts are concerned by slowing growth in its core ad business, which is how it makes …

eBay Earnings Released, Revenue Up 12% eBay Earnings Released, Revenue Up 12%

eBay released its earnings report for the third quarter with revenue growth of 12%. Payments volume was up 29% while eBay Marketplaces volume growth was 9%. As you probably know, eBay and PayPal are splitting up next year. eBay CEO …

Square Partners With Victory Park Capital Square Partners With Victory Park Capital

Square announced on Tuesday that it is working with Victory Park Capital to extend hundreds of millions of dolalrs to independent businesses as part of its Square Capital program. Square began testing the cash advance program early this year before …

Cisco Announces Job Cuts, Earnings Cisco Announces Job Cuts, Earnings

Cisco announced on Wednesday that it will cut about 6,000 jobs or 8% of its total workforce. The news came as the company reported its earnings for its fourth quarter and fiscal year 2014, beating Wall Street estimates. Chairman and …

Yelp Faces New Class Action Suit From Shareholders Yelp Faces New Class Action Suit From Shareholders

Yelp is no stranger to legal battles, nor is it a stranger to complaints about how it handles reviews. Now, the company faces a new class action suit from shareholders, accusing it of selling over $81 million in stock, while …

Bob Iger Talks Disney’s Relationship With Netflix Bob Iger Talks Disney’s Relationship With Netflix

Disney posted its fiscal Q3 earnings on Tuesday. The company had a record quarter with earnings per share up 27% from the prior year. CEO Bob Iger said, “Our strategy of building strong brands and franchises continues to create great …

AOL Sees 6th Consecutive Quarter Of Revenue Growth AOL Sees 6th Consecutive Quarter Of Revenue Growth

AOL just released its Q2 earnings report with its sixth consecutive quarter of revenue and adjusted OIBDA growth. Total revenue grew 12% year-over-year. The company attributes this to accelerated global advertising revenue, which grew 20% year-over-year. The company saw 60% …

Groupon Earnings Released, Revenue Up 23% Groupon Earnings Released, Revenue Up 23%

Groupon just released its earnings report for the second quarter with gross billings of $1.82 billion and revenue of $751.6 million. The company also reported adjusted EBITDA of $59.1 million, GAAP loss per share of $0.03, and non-GAAP earnings per …

LinkedIn Earnings Released, Revenue Up 47% LinkedIn Earnings Released, Revenue Up 47%

LinkedIn just released its earnings report for the second quarter with revenue of $534 million, up 47% year-over-year. Net loss (attributable to common stockholders) was $1 million, compared to net income of $3.7 million for the same quarter last year. …

Yelp Profitable For First Time Since Going Public Yelp Profitable For First Time Since Going Public

Yelp just released its Q2 earnings report with revenue of $88.8 million, up 61% year-over-year. Net income was $2.7 million, or $0.04 per share, compared to a net loss of $(0.9) million, or $(0.01) per share in the same quarter …

Facebook Releases Earnings, Revenue Up 61% Facebook Releases Earnings, Revenue Up 61%

Facebook just released its Q2 earnings report with revenue of $2.91 billion, up 61% year-over-year. Revenue from advertising was $2.68 billion, up 67%, with mobile ad revenue representing 62% of all ad revenue. Payments and other fees accounted for $234 …