Google released their earnings for the fourth fiscal quarter of 2011 yesterday and it was good. There wasn’t much to be disappointed about: they’re still making mega-gobs of money and more and more people seem to be flocking to their …

#OWS and #occupywallstreet have been some of the hottest leading trends on Twitter these past couple of months. As both support and resentment towards the movement builds, so does the presence and size of “Occupy Wall Street”. What’s been the …

The longest prison sentence ever dished out for the crime of insider trading has just been given this morning. Hedge fund billionaire Raj Rajaratnam was sentenced to 11 years in prison for insider trading practices that resulted in over $50 …

Amazon.com today reported strong fourth quarter profits that beat Wall Street analyst’s estimates.

The online retailer said its net income increased 71 percent to $384 million in the fourth quarter, or 85 cents per share, compared with $225 million, or 52 cents per share in the fourth quarter of 2008.

Net sales increased 42 percent to $9.5 billion in the fourth quarter, compared with $ 6.7 billion in the fourth quarter of 2008.

While Google may be the darling of the tech industry, it’s not immune to the worsening economic conditions–aka the recession. A share price of just $275 is all the proof you need.

As the news continues to pour in and the news media works hard to sell their wares (meaning the more terrible the news the more people pay attention) there are more victims to be counted in the carnage. This time the targets are the ‘darlings’ of the new world advertising and marketing including web video, mobile phones, gaming and virtual worlds.

A bit of good news for Yahoo emerged from the world’s financial center as an analyst found reasons to boost the Internet company to his clients.

Between Google and a seemingly endless slew of challengers like Facebook and MySpace, Yahoo could be grilled like a panini in the battle for display advertising dollars.