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HP to Explore PC Spin Off, Acquire Autonomy HP to Explore PC Spin Off, Acquire Autonomy

Update: HP has officially announced its intent to acquire Autonomy in what would amount to about $10.2 billion at $42.11 per share. The exact words of the announcement are that they have: “announced the terms of a recommended transaction under …

Demand Media Up, AOL Down Demand Media Up, AOL Down
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Demand Media and AOL have a lot in common, despite their very different histories. Web content is a very big part of both companies’ strategies, and both have had plenty of criticism. AOL’s strategy of late has tended to be …

Panda Not Too Big a Blow to Demand Media, 300K eHow Articles Removed Panda Not Too Big a Blow to Demand Media, 300K eHow Articles Removed
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Demand Media is moving right along past all of that Google Panda update stuff. The company acknowledged that it did have an impact on its revenue for the quarter as it released its Q2 earnings report, but drove home the …

Demand Media Earnings Released Demand Media Earnings Released

Demand Media has released its earnings for the second quarter. This includes a 32% revenue increase to $79.5 million, compared with $60.4 million for the same quarter last year. It also includes loss from operations of $0.9 million compared with …

AOL Earnings Report Released AOL Earnings Report Released

AOL released its earnings report for the second quarter this morning. Included was strong advertising growth, particularly in display. Global ad revenue grew $14.3 million from Q2 2010, though it was negatively impacted by $11.8 million related to $5.9 million …

LinkedIn Reports First Earnings as Public Company LinkedIn Reports First Earnings as Public Company
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LinkedIn released its first earnings report as a public company, and it wasn’t too shabby. They beat estimates and posted a 120% increase in revenue (YoY), and a new member increase of 61%. “In the second quarter, we saw record …

Twitter Gets More Funding, Expands Into 2 More Languages Twitter Gets More Funding, Expands Into 2 More Languages

Twitter announced that it has secured a “significant,” but unspecified new round of funding led by DST Global, with additional participation from existing Twitter investors. Twitter says it will use the money to innovate, hire and invest in international expansion. …

FairSearch Accuses Google of “Grossly” Exaggerating Contribution to Economy FairSearch Accuses Google of “Grossly” Exaggerating Contribution to Economy
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The FairSearch Coalition released a report today, which it calls “an independent critical analysis of reports released by Google about its purported 2009 and 2010 economic impact in the U.S.” Economist Allen Rosenfeld was commissioned by FairSearch to review Google’s …

Amazon Earnings Released Amazon Earnings Released
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Amazon announced its second quarter earnings today, and that includes an increase in sales of 51% (YoY) to $9.91 billion. Not bad. Better than what Wall Street had expected, in fact. The company vaguely suggests that the Kindle has played …

Netflix Earnings Released Netflix Earnings Released

Netflix released its earnings report for the second quarter today, as well as a 75% year-over-year increase in subscribers, having added 1.8 million in the quarter. The company has 25.56 million subscribers globally. As far as the financials, the company …

RIM Restructures, Cuts 2,000 Jobs RIM Restructures, Cuts 2,000 Jobs

RIM (Research in Motion), makers of BlackBerry, announced some new management changes and job cuts today, or as the company calls it, a new “cost optimization program”. The program was actually first mentioned back in mid-June. First, the management changes. …

Microsoft Posts Record Revenue Thanks to Xbox Microsoft Posts Record Revenue Thanks to Xbox
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Microsoft reported record fourth-quarter revenue for its Fiscal Year Q4 at $17.37 billion for the quarter, up 8% from the same quarter last year. “Throughout fiscal 2011, we delivered to market a strong lineup of products and services which translated …

Yahoo Earnings Released Yahoo Earnings Released

Apple wasn’t the only big tech company to release its earnings report today. Yahoo released its report, though technically the company considers itself a media company. Either way, Yahoo revenue, excluding acquisition costs was $1,076 million for┬áthe second quarter, down …

Apple Earnings Released Apple Earnings Released

Apple has just released its earnings report for its fiscal year third quarter, beating most estimates. Apple posted revenue of $28.57 billion for the quarter with a net profit of $7.31 billion. For perspective, for the same quarter last year, …

AAPL Doing Well Ahead of Earnings Report AAPL Doing Well Ahead of Earnings Report
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Apple will release its Fiscal Year Third Quarter earnings report and call this afternoon at 2:00 p.m. PDT/5:00 p.m. EDT. The company will be offering live audio streaming of its conference call, which will be available as a continuous rebroadcast …

Larry Page: Google+ Has Over 10 Million Users (And Other Stats) Larry Page: Google+ Has Over 10 Million Users (And Other Stats)
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Google CEO Larry Page spoke today on the company’s earnings call, following the fresh report for the second quarter, in which Google posted recored quarterly revenues of over $9 billion. On the call, he dropped a few stats: Over 10 …

Google Q2 Earnings Released Google Q2 Earnings Released

Google has released its earnings report for the second quarter. The company posted a record over $9 billion in revenue for the quarter, up 32% from the same period last year. Not too shabby. More precisely, revenues were $9.03 billion …

Should the Internet be Taxed? Should the Internet be Taxed?
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On Friday, a new California state law goes into effect that will tax Internet sales through affiliate advertising. Rather than pay such taxes, online retailers like Amazon will instead shut down their affiliate programs in the state. For Amazon, that …

Square Is Glowing As New $100 Million In Funding Rolls In Square Is Glowing As New $100 Million In Funding Rolls In
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“We now have lots of glowing @Squares,” tweeted Twitter co-founder and Square CEO Jack Dorsey this week, attaching the above image. Square does have plenty to be glowing about, as the company has secured a new $100 million round of …

Report: MySpace About to Be Sold Report: MySpace About to Be Sold
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Google launched a new social network today with the Google+ Project, all but overshadowing news that the former king of the social network hill is about to be sold off to, as one report puts it, a “buyer you never …

GoDaddy May Get Purchased for $2.5 Billion GoDaddy May Get Purchased for $2.5 Billion
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GoDaddy might be transferring ownership soon. The Wall Street Journal is reporting, citing “people familiar with the matter,” that private equity firms KKR & Co. and Silver Lake Partners, along with Technology Crossover Ventures (as a minority investor) are looking …