Business

Amazon Earnings Released
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 fac...
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Netflix: We Thought You Would Be More Upset About The Price Hike
The public reaction to the recent Netflix price change has calmed a bit, and although...
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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...
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Google’s Street View Cars Said to Have Collected Phone, PC Locations
I'm sure you recall when Google came clean about collecting Wi-Fi network...
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Airbnb Looks To Expand With $112 Million In New Funding
"Community marketplace for unique spaces" Airbnb announced today that it has received $112 million in Series b financing from Andreessen Horowitz, DST Global, and General Catalyst....
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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...
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Google Acquires PittPatt for Facial Recognition
Google has acquired PittPatt, and no that's not Globochem's Pit-Pat. It's Pittsburgh Pattern Recognition, a research compan...
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Should Netflix Be Worried About Losing Customers?
During the first half of the year, things were looking really good for Netflix subscribers. The company made announcements like: "Miramax Content Deal," "More MTV Content," "Glee A...
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NFL Lockout Fun: Players Selling Cars on eBay
While Derek Anderson has never been confused with a great NFL quarterback, he does make...
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Demand Media Threatens “Demand Studios Sucks” with Legal Action
A blog and forum site called DemandStudiosSucks.com has been threatened with legal action by Demand Media, the company behind Demand Studios. The letter the site received has been...
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Sin City 2 On the Way (More Machete Too)
Back when we attended SXSW in March, we had the pleasure of listening to filmmaker Robert Ro...
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Microsoft Posts Record Revenue Thanks to Xbox
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 del...
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Comic Con: San Diego Gets Turned Into South Park
South Park, one of the few TV shows to get the TV on the web formula right, has a huge presence in San Diego this week for Comic Con. Despite being between seasons (or at least par...
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Twilight at Comic Con Has Fans Camping Out All Week
Comic Con just kicked off in the Gas Light District of San Diego, as people have been camped out waiting to get into see the Twilight Panel. WebProNews happened to be in the neighb...
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eBay Earnings Released
eBay reported its second quarter earnings today. Results include a revenue increase of 25% from the same period last year, reaching $2.8 billion. Net income for the quarter was $28...
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