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: Watchdog: GMAC bailout could cost taxpayers $6.3B

yzerfonteinchronicles.blogspot.com
: Watchdog: GMAC bailout could cost taxpayers $6.3B

Amazon Misses: Q4 Sales Up 22 Percent To $21.3B, Net Income Down 45 Percent To $97M

techcrunch.com
Amazon just reported lower than expected fourth quarter earnings today. Net income decreased 45% to $97 million in the fourth quarter, or $0.21 per diluted share, compared with $177 million, or $0.38 per diluted share, in fourth quarter 2011. Net sales increased 22% to $21.27 billion in the fourth quarter,...
Amazon Misses: Q4 Sales Up 22 Percent To $21.3B, Net Income Down 45 Percent To $97M
SAP plops down a whopping $4.3B for cloud commerce player Ariba

Alibaba launches new project, backed by $16.3b funding, to improve goods delivery in China

thenextweb.com
An Alibaba-led logistics network project was launched today in the Chinese city of Shenzhen, as the Chinese e-commerce leader seeks to boost the delivery of products purchased online. According to a Sina Tech report, Alibaba has collaborated with a few industry partners to set up a company under the project, dubbed the...
Alibaba launches new project, backed by $16.3b funding, to improve goods delivery in China

Quest says unnamed firm offers to buy it for $2.3B

www.computerworld.com
System management software vendor Quest said Monday that an unnamed "strategic bidder" had submitted an acquisition offer of approximately $2.3 billion....
Quest says unnamed firm offers to buy it for $2.3B

Microsoft may take major ($1-3B) stake in Dell as it goes private

9to5mac.com
RT @CNBCnow: Microsoft in talks to invest $1B-$3B in buyout of dell, @DavidFaberCNBC has learned. $MSFT & $DELL QUOTES: http://t.co/ ...—   (@CNBC) January 22, 2013 The deal is probably just as much about keeping Dell afloat as it is about keeping them from making Chromebooks....
Microsoft may take major ($1-3B) stake in Dell as it goes private

Solving the Email Problem

thenextweb.com
Email is vicious. You get 100’s (or 1000’s) of emails competing for your attention every day. Why bother? Why care? Why not just throw in the towel? Well, the reason is simple — because email has been around forever and it’s not going anywhere anytime soon. How did we get...
Solving the Email Problem

HTC booked $3b in revenue in Q2 but expects a huge drop - of up to 22 percent - in Q3

thenextweb.com
Taiwanese mobile phone maker HTC this morning released (PDF) its final results for the second quarter of this year, reporting revenue of a little over $3 billion (NT$91.04 billion) for the three-month period. Net income after tax was a mere $247 million (NT$7.40 billion). Here’s the worst part: HTC also...
HTC booked $3b in revenue in Q2 but expects a huge drop - of up to 22 percent - in Q3

Microsoft to write down all but $100M of its $6.3B purchase of aQuantive

thenextweb.com
Microsoft intends to write down some $6.2 of the $6.3 billion that it paid for aQuantive, AllThingsD is currently reporting. That is a massive, 98.4% write down on a company that it paid 10 figures for. Microsoft blamed a lack of growth for part of the massive decline in the value of...
Microsoft to write down all but $100M of its $6.3B purchase of aQuantive

Android not critical to Google? Oh, pshaw

news.cnet.com
In court, Larry Page and Andy Rubin said Android wasn't critical to Google's business success. Which doesn't square easily with a Google doc projecting $1.3B in Android ad and app sales. [Read more]...
Android not critical to Google? Oh, pshaw
IBM Beats; Revenue Down One Percent To $29.3B; Net Income Up 6 Percent To $6.1B
Wowza: IBM to buy HR software player Kenexa for $1.3B

Facebook passes 1 Billion active monthly users [video]

9to5mac.com
Facebook CEO Mark Zuckerberg announced that the service started in his Harvard dorm room now has over a billion monthly users or over 1/7th of the world’s population. The ‘interesting’ video above was made for the occasion. Apple is obviously a huge partner with Facebook with deep integration now...
Facebook passes 1 Billion active monthly users [video]

Apple's retail stores brought in 19% less revenue in Q2 2013 at $4.3B but is still up 19% YoY

thenextweb.com
Apple has announced its Q2 2013 earnings on Tuesday and shared that its retail stores brought in less revenue this quarter than the previous one, but is still 19 percent higher than this time last year. The company reported that in this past quarter, its stores generated a little over...
Apple's retail stores brought in 19% less revenue in Q2 2013 at $4.3B but is still up 19% YoY

Google I/O Day 2: Here’s everything you need to know about today’s event

thenextweb.com
Today at the second day of Google’s I/O event, Google has announced quite a bit of news, including the release of Chrome onto iOS, updates to Google Drive, Chrome OS and more. If you missed yesterday’s announcements head here first. As you might expect, there’s heaps of information to cover,...
Google I/O Day 2: Here’s everything you need to know about today’s event

Spectrum crisis or capex crisis?

tmfassociates.com
As others have pointed out recently, the supposed spectrum crunch is really more of an infrastructure crunch, because if wireless data traffic is going to grow by 10 or 20 times, how can 20% more spectrum possibly solve that problem? Its therefore pretty instructive to look at the CTIA’s own...
Spectrum crisis or capex crisis?

Sprint Losses Hit $1.3B over iPhone Costs, Subscribers Fewer than Expected

www.pcworld.com
Sprint Nextel losses rise over subsidies paid to Apple for iPhone sales, but fewer than expected subscribers offset hemorrhaging....
Sprint Losses Hit $1.3B over iPhone Costs, Subscribers Fewer than Expected
Pandora still in the red despite soaring ad revenue & 3.3B listener hours in Q2

Sprint shows customer growth despite $1.3B loss

news.cnet.com
Sprint Nextel added the most customers in a quarter in six years, thanks in large part to the sale of 1.8 million iPhones....
Sprint shows customer growth despite $1.3B loss
Cable consolidates: Liberty Global buys Virgin Media in massive $23.3B deal

Google sells Motorola Home set-top biz to Arris for $2.3B

news.cnet.com
Web giant inherited the cable box maker with its acquisition of Motorola Mobility earlier this year. [Read more]...
Google sells Motorola Home set-top biz to Arris for $2.3B

Virgin Media snagged for $23.3B by Liberty Global

news.cnet.com
Liberty Global says the deal creates the "world's leading broadband communications company," covering 47 million homes and 25 million customers across 14 countries. [Read more]...
Virgin Media snagged for $23.3B by Liberty Global

Sprint Q3 2012 Misses, Down $.26/Share On Revenues Of $7.3B, Reports 1.5M iPhones Sold

techcrunch.com
Sprint, newly acquired by Japanese SoftBank for $20.1 billion earlier this month, has just announced earnings results for the third quarter, perhaps showing just how fortunate this acquisition will be for the company. For the period ending September 30, the company reported negative EPS of $.26 on revenues of $7.3...
Sprint Q3 2012 Misses, Down $.26/Share On Revenues Of $7.3B, Reports 1.5M iPhones Sold

Google Chrome now reaches 310M active users

thenextweb.com
Today at its I/O conference, Google’s SVP of Chrome and apps Sundar Pichai announced that Google Chrome reaches 310 million active users. Pichai covered the announcements of Chrome for Android and talked about the growth of internet traffic, which he says has reached 2.3B users. Mobile users, Pichai says, account...
Google Chrome now reaches 310M active users

SAP to pay $4.3B for cloud B2B vendor Ariba

www.computerworld.com
SAP has agreed to buy cloud-based e-commerce vendor Ariba for $4.3 billion....
SAP to pay $4.3B for cloud B2B vendor Ariba

As Stock Hits New High, eBay Says It's Raising $3B in Debt Offering, but Not Shopping

allthingsd.com
eBay’s stock hit a new high for the year, climbing 12 percent this week after reporting strong second-quarter results. On Friday, the stock increased 2 percent, or 90 cents, to close at $44.85 a share — in sharp contrast to today’s general market losses. In addition, only a day after announcing positive...
As Stock Hits New High, eBay Says It's Raising $3B in Debt Offering, but Not Shopping
Nokia submits yearly SEC report, details €1.4b loss and Windows Phone risks
NSF Innovation Corps: The Coolest Incubator You’ve Probably Never Heard Of

Turkish PM visits Apple, Google & Microsoft ahead of tender for 10.6m tablets for schools

9to5mac.com
Turkish Prime Minister Recep Erdoğan has visited Apple, Google and Microsoft in the run-up to a tender for 10.6 million tablets for use in Turkish schools as part of a major modernization program in which textbooks will be replaced by tablets and chalkboards by electronic whiteboards … The FATIH...
Turkish PM visits Apple, Google & Microsoft ahead of tender for 10.6m tablets for schools

NEC cuts 10,000 jobs after swing to $1.3b loss

www.electronista.com
NEC late this past week said it would drop 10,000 jobs in a bid to turn around a souring business. The drops, which would equate to about 8.6 percent of its entire workforce, were meant to mitigate the sudden estimate that it would lose about 100 billion yen ($1.3 billion)...
NEC cuts 10,000 jobs after swing to $1.3b loss
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