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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 …

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 …