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Pandora Launches IPO, Market Cap: 2.87 Billion Pandora Launches IPO, Market Cap: 2.87 Billion

It wasn’t that long ago that Pandora was on the verge of going under thanks to royalty issues, but the company survived and went on to become the premier Internet radio service, giving users free music based on the artists …

Eric Schmidt Backs Display Ad Company Spongecell Eric Schmidt Backs Display Ad Company Spongecell

Google Executive Chairman Eric Schmidt (along with others) has invested in Spongecell, an online display advertising company. Spongecell announced this morning that it has completed a new round of financing led by Schmidt and Jim Pallotta, Chairman and Managing Director …

Google “Not Betting the Farm” on Self-Driving Cars Google “Not Betting the Farm” on Self-Driving Cars
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Google co-founder and CEO Larry Page spoke to investors, and aimed to set their minds at ease with regards to the company’s spending habits. The company’s stock has not been doing so great since Page took over as CEO, with …

Groupon FIles for IPO at $750 Million Groupon FIles for IPO at $750 Million

Groupon has filed for a much anticipated IPO, aiming to raise up to $750 million. Last year, the company famously turned down a $6 billion offer from Google. Now it faces growing competition from all sides (including from Google). The …

LinkedIn IPO Doubles Company’s Valuation Overnight [Photos] LinkedIn IPO Doubles Company’s Valuation Overnight [Photos]
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LinkedIn has exceeded all expectations with its initial public offering today, which has been deemed the biggest web IPO since Google’s. Pretty impressive for a social network that isn’t Facebook. When the company announced its pricing for the IPO, it …

LinkedIn IPO Prices Value Company at Over $4 Billion LinkedIn IPO Prices Value Company at Over $4 Billion
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LinkedIn is expected to launch its IPO on Thursday to the tune of 7,840,000 shares of class A common stock. The company said in an SEC filing that it expects shares to sell for $42 – $45. The filing says: …

Inside Network Bought For $14 Million By Alan Meckler’s WebMediaBrands Inside Network Bought For $14 Million By Alan Meckler’s WebMediaBrands
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WebMediaBrands announced today that it has acquired Inside Network, the publishing company that publishes Inside Facebook, as well as Inside Social Games and Inside Mobile Apps. The price: $7.5 million in cash and 4,183,130 shares of the common stock ($6.5 …

Helium Raises $10 Million After Being Victimized by Google Panda Update Helium Raises $10 Million After Being Victimized by Google Panda Update
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Helium is showing that life can go on for victims of Google’s Panda update. Helium is a user-generated content site, often compared to other known Panda victims like Demand Media, HubPages, Suite101, Associated Content, etc. Of course, Demand Media (now …

Demand Media Earnings Report – Revenue Up, Questions Remain Demand Media Earnings Report – Revenue Up, Questions Remain

Demand Media just released its much-anticipated earnings report, which includes a revenue increase of 48%, year-over-year, but the thing investors are particularly interested in is the company’s performance post Panda-update. The content and media revenue (ext-TAC) increased 77% year-over-year. The …

Demand Media Search Data Released Ahead of Earnings Call Demand Media Search Data Released Ahead of Earnings Call

Demand Media has its earnings call tomorrow, and many people are no doubt eagerly awaiting what the company has to say. After recently going public, Google rolled out its Panda update in the U.S. which seemed to leave the company …

Square Gets Visa Backing Square Gets Visa Backing
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Square has received a new investment from Visa, which is the largest credit card company in the world. While the exact amount of the investment is unknown, it’s rumored to be in the millions. Square COO Keith Rabbois told the …

Apple Stock Jumps, Following Impressive Earnings Report Apple Stock Jumps, Following Impressive Earnings Report

Apple’s stock is doing quite well today after the company released an impressive earnings report yesterday afternoon. The report for the record 2nd quarter included 83% revenue growth, and 95% profit growth. Revenue came to $24.67 billion with profit at …

iPhone Sales Drive Massive Revenue and Profit Growth for Apple iPhone Sales Drive Massive Revenue and Profit Growth for Apple
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Apple released its second-quarter financial results today. This includes a record March quarter driving 83% revenue growth, and 95% profit growth. Second quarter revenue came to $24.67 billion with profit at $5.99 billion ($6.40 per diluted share). For the same …

Yahoo Earnings Report Released Yahoo Earnings Report Released
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Yahoo just posted its first-quarter results. Revenue excluding traffic acquisition costs was down 6% from the year-ago period at $1,064 million. This is primarily due to the revenue share related to Yahoo-Microsoft deal, the company says. Year-over-year revenue was otherwise …

T. Rowe Price Invests In Facebook, Zynga T. Rowe Price Invests In Facebook, Zynga
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Respected mutual fund company T. Rowe Price is – at least to some degree – becoming a social media believer.  Filings released by the organization reveal that it recently invested an impressive-sounding $190.5 million in Facebook and another $72 million …

Google Price Targets Cut After Q1 Earnings Report Google Price Targets Cut After Q1 Earnings Report
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After the markets closed yesterday afternoon, Google delivered its first quarter earnings report, and investors reacted with dismay.  Unfortunately for the company, that wasn’t close to the end of things, as Google’s stock continues to dive this morning and a …

Groupon IPO May Involve Goldman Sachs, Morgan Stanley Groupon IPO May Involve Goldman Sachs, Morgan Stanley
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Groupon’s plan to go public appears to be moving forward yet again.  Although nothing’s been confirmed through official channels, new reports indicate the company’s picked Goldman Sachs and Morgan Stanley to underwrite its IPO, and there are new rumors about …

Google Falls Short With Q1 Earnings Report Google Falls Short With Q1 Earnings Report
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Search giant Google released its first quarter earnings report this afternoon, but unfortunately for new CEO Larry Page, the company didn’t quite repeat past performances.  Google failed to meet analysts’ estimates in at least one respect, and investors are now …

Has Google’s Panda Update Hurt Demand Media Stock? Has Google’s Panda Update Hurt Demand Media Stock?
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As previously reported, Demand Media’s eHow, which escaped the wrath of the U.S. version of Google’s Panda update, to actually gain search visibility, appears to have been nailed as the update rolled out globally and Google made further updates in …

Baidu’s Stock Up On Word Of Facebook Partnership Baidu’s Stock Up On Word Of Facebook Partnership
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The stock market, as a whole, did not do well today.  The Dow and Nasdaq stayed about level, gaining and losing 0.01 percent and 0.32 percent, respectively, while AOL, Apple, and Yahoo all suffered losses of greater than 1.00 percent.  …

LivingSocial Raises $400 Million In Funding LivingSocial Raises $400 Million In Funding
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Fans of group deals site LivingSocial should be pleased to know that some important organizations believe it’ll continue to grow and succeed.  Reports indicate LivingSocial has raised $400 million in a new round of funding that values it at more …