TuneWiki Lands Investment From Motorola

Social media music player TuneWiki has received an undisclosed amount of funding from Motorola Ventures, the strategic investment arm of Motorola.

Other new investors of TuneWiki include Intellect Capital Ventures, a venture fund initiative of TeliaSonera, HillsVen Capital, and Novel TMT. TuneWiki’s previous venture capital investor, Benchmark Israel, also participated in the round.

AOL Shares Financial Results of the Transition Period

AOL has announced it Q4 earnings, which show how the company performed during its final days as part of Time Warner, as well as the beginning of its transition to the current incarnation.

Baidu’s Stock Rises On Analysts’ Comments

The odds of Google leaving China appear to have been raised today.  Two financial experts made positive comments about Baidu, and while neither issued any carved-in-stone predictions about its competitor departing, investors are now buying more shares of the Chinese company’s stock.

Microsoft Reports Great Quarter, Credits Windows 7

Don’t be shocked if one or more shrines to Windows 7 are erected in Redmond today.  Microsoft released its quarterly earnings report this afternoon, and thanks in large part to the new operating system, the company’s numbers look quite good.

Amazon Posts Strong Q4 Results

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.

Bing Now Offering More Finance Information

Bing said today it has added new features to make it easier for users to search for and find financial information.

Bing says it has developed a "stock and funds pages" which covers most U.S. stocks and funds.

Yahoo’s Q4 Financial Results Draw Smiles

Yahoo’s fourth quarter earnings report has been released, and it seems that people who were preparing for some sort of drastic response – whether it would’ve involved either pitchforks or confetti – will have to wait for another day.  Although the confetti folks might win out, as Yahoo did all right, more or less in line with estimates.

Facebook Investor Promises “No Near Term IPO”

Believe it or not, the stock market’s not looking too terrible these days; the Nasdaq’s risen almost 12.5 percent in the last six months, and just shy of 50.0 percent in the last year.  Still, it seems that Facebook absolutely will not go public in 2010.

Brin, Page To Sell 10 Million Shares Of Google Stock

Sergey Brin and Larry Page are going to become much closer to their financial advisors over the next five years.  Google disclosed in a regulatory filing late last week that the cofounders each intend to sell about 5 million shares of the company’s stock during that period of time.

Wall Street Turns Nose Up At Google Earnings Report

Google’s latest earnings report is out, and the search giant did well during the fourth quarter of 2009, beating analysts’ expectations.  The unfortunate thing (at least for shareholders) is that a lot of people must have wanted it to do better still, because the stock has taken a bit of a plunge in after-hours trading.

Oracle’s Sun Microsystems Acquisition Approved by EU

Update: The European Commission has reportedly approved Oracle’s acquisition of Sun Microsystems. Now the deal only needs approval from Chinese and Russian regulators.

Original Article:
Oracle is acquiring Sun Microsystems for $7.4 billion in cash at a rate of $9.50 per share in cash.

eBay Sees 16% Revenue Increase for the Fourth Quarter

eBay has reported its financial results for the fourth quarter, and with revenue for the quarter at $2.4 billion, up 16% from the same period in 2008. That includes revenue of $112.0 million from Skype for the period that eBay fully owned it. Excluding Skype from the fourth quarter of 2008 and the fourth quarter of 2009, revenue growth would have been 19%.

Twitter COO Effectively Rules Out 2010 IPO

There’s almost no way Twitter will go public this year, according to the company’s COO, and it may not do so in the next couple of years, either.  The focus, instead, is supposed to be on firming up and building out the business side of things.

Yahoo Upgrades Yahoo Finance Search

Yahoo has made some improvements to its Finance Search interface. Yahoo Finance Search is now including results from the web, and can uncover details on companies and executives, find info on private companies, and help determine what companies are associated with topics, Yahoo says.

Every page of Yahoo Finance has a link that says "Finance Search". Users can simply click this to search or browse a list of the day’s popular finance searches.

Barclays Analyst Predicts YouTube Profitability

In a financial sense, Google’s acquisition of YouTube has never made a lot of sense; the site, which sold for $1.65 billion, hasn’t even turned a profit on a quarter-to-quarter basis yet.  But according to a prominent analyst, that’s about to change.

Baidu’s Stock Soars Following Google China News

Reactions to Google’s announcement about a possible withdrawal from China have been mixed so far; there have been objections from individuals who think its absence will deprive the Chinese people of information, while others approve of what they consider a moral stand.  But Baidu’s investors probably aren’t too conflicted, as the company’s stock imitated a bottle rocket today.

Analysts Give Google Thumbs Up For Diversifying

Once upon a time, Google was a company that specialized in search and advertising.  Now, it’s tossing out advanced mobile phones and requesting the right to buy and sell energy.  Still, several financial analysts think these not-entirely-conventional moves are a good idea.

ChaCha Closes $7 Million Round of Funding

Answers service ChaCha announced today that it has closed a $7 million E round of funding. The service lets users go online, call, or text questions on mobile phones and receive answers "within minutes" for free. The service has an iPhone app and lets people ask questions via Twitter as well.

This round of funding might be particularly significant for the company. "We believe this latest round provides ChaCha the cash required to reach profitability," says CEO Scott A. Jones.