business wire

business wire

Netflix signs multi-year deal with Hasbro -- and knowing is half the battle

www.engadget.com
Hasbro, the toy-maker behind pervasive long-form ads shows for kids like Transformers, GI Joe and My Little Pony, is bringing its back-catalog to Netflix. While the '80s hits will arrive some time in 2012, both Transformer Prime and the more recent Pony-based adventures are already available to stream now....
Netflix signs multi-year deal with Hasbro -- and knowing is half the battle
Best Buy CEO Brian Dunn resigns

It's Official: Yahoo Lays Off 2,000 Employees

allthingsd.com
In a move that AllThingsD.com had previously reported was coming, Yahoo said it had laid off While Yahoo has had periodic layoffs over the years, this one is its most significant and will also result in another large-scale restructuring of the management organization. This one is being pushed by new...
It's Official: Yahoo Lays Off 2,000 Employees

Apple authorises $10 billion share repurchase program, expects to spend $45 billion in the next three years

thenextweb.com
Apple has announced its plans for its financial call later today, announcing plans to initiate a dividend and share repurchase program commencing later this year. This is a breaking story, please update for more information.   The press release: CUPERTINO, Calif.–(BUSINESS WIRE)–Apple® today announced plans to initiate a dividend and share...
Apple authorises $10 billion share repurchase program, expects to spend $45 billion in the next three years

AOL initiates “Dutch auction” tender offer to repurchase $400m worth of shares

thenextweb.com
Internet services and media giant AOL this morning announced that it has started a modified “Dutch auction” tender offer to repurchase shares of its common stock up to an aggregate purchase price of $400 million, which includes the roughly $40 million remaining from the initial $250 million stock repurchase authorized...
AOL initiates “Dutch auction” tender offer to repurchase $400m worth of shares

Nintendo Wii joins the Hulu Plus watch party

www.engadget.com
Sure, we knew it was coming, but now Hulu Plus has officially arrived for the Nintendo Wii, letting you stream "current-season hit TV shows such as... New Girl and Vampire Diaries" in all their high standard-definition glory. We know, you're already caught up on all that New Girl action,...
Nintendo Wii joins the Hulu Plus watch party

Apple edges out IBM to become the top brand of 2011

www.bgr.com
Apple has edged out IBM to become the top brand of 2011, according to an annual list from marketing strategy firm Davis Brand Capital. The Cupertino-based company ousted IBM, which topped the list in 2009 and 2010. Apple was previously ranked No.12 in 2009 and No.7 in 2010. Davis...
Apple edges out IBM to become the top brand of 2011
Apple’s plans for $100B cash reserve: $10 billion stock repurchase, $2.65 quarterly dividend

OLPC to bring Little Pim language teaching videos to XO laptop, underpriviledged children

www.engadget.com
One Laptop Per Child is tag-teaming it up with foreign language learning company Little Pim to teach English to underprivileged children. The initiative could help to blur the line between work and fun and lead to future opportunities for kids in an ever-increasingly global economy where English is the...
OLPC to bring Little Pim language teaching videos to XO laptop, underpriviledged children

Groupon Announces First Quarter 2012 Results

www.businesswire.com
CHICAGO--(BUSINESS WIRE)--Groupon announces quarterly earnings for the first quarter of 2012...
Groupon Announces First Quarter 2012 Results
AOL Successfully Implementing the Right Strategy to Deliver Long-Term Stockholder Value
Contract customers continue fleeing T-Mobile in Q1
Sprint’s iDEN push-to-talk network to go offline next summer
Corning announces ultra-slim flexible Willow Glass
Yahoo announces plans to lay off 2,000 workers

Sprint’s LG Viper 4G LTE launches April 22nd for just $99.99

www.bgr.com
Sprint announced last week that pre-orders for one of its first 4G LTE-enabled smartphones were going live on April 12th, and now the carrier has made launch details official. LG’s affordable Viper 4G LTE will become available in just over a week on April 22nd for $99.99 on contract....
Sprint’s LG Viper 4G LTE launches April 22nd for just $99.99
Did Apple's cash finally burn a hole in its pocket?
Toshiba Excite 10 LE to launch March 6th, a day before iPad 3 event
Amazon announces European Appstore, coming this summer

Amazon Cloud Player app for iPhone finally lands in App Store

9to5mac.com
Almost a year after first debuting its cloud-based music service, Amazon today released an iPhone version of the app that provides access to most of the features offered in the Android and desktop versions. Not surprisingly, missing is the ability to purchase music from directly within the app. Otherwise...
Amazon Cloud Player app for iPhone finally lands in App Store
Amazon to offer Prime customers hundreds of classic MGM movies and TV shows

Apple Reports Second Quarter Results

www.businesswire.com
CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced financial results for its fiscal 2012 second quarter ended March 31, 2012. The Company posted quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion, or $12.30 per diluted share. These results compare to revenue of $24.7 billion and net profit of $6.0...
Apple Reports Second Quarter Results

Nearly 1 billion smart connected devices shipped in 2011

www.bgr.com
The International Data Corporation on Wednesday announced that shipments of smart connected devices —including PCs, tablets and smartphones — reached 916 million units and surpassed $489 billion in revenue in 2011. “Whether it’s consumers looking for a phone that can tap into several robust ‘app’ ecosystems, businesses looking at...
Nearly 1 billion smart connected devices shipped in 2011
GameStop stores in California to require DLC warning on used games

AOL's Patch Names Mark Teixeira 'Commissioner Of Patch Baseball' (AOL)

www.businessinsider.com
We're not sure what to make of this one. Press release from AOL: NEW YORK, Apr 10, 2012 (BUSINESS WIRE) -- Patch, AOL’s leading platform of over 850 hyperlocal news, information and engagement sites, has appointed Mark Teixeira, four-time Gold Glove winner, as the Commissioner of Patch Baseball. The...
AOL's Patch Names Mark Teixeira 'Commissioner Of Patch Baseball' (AOL)
Amazon’s Android app store celebrates one year and 31,000 apps
Google Offers to sponsor free Boingo Wi-Fi access in NYC until September, with access below street

Facebook, Google, Twitter spearhead Ads Integrity Alliance to thwart villainous ads

www.engadget.com
Online heavy-hitters Google, Facebook, Twitter, AOL (Engadget's parent company) and the Interactive Advertising Bureau have have struck an alliance aimed at ridding nasty advertising "from all corners of the web." Stemming from the existing StopBadware group that began in 2006, the group will develop policies, build a platform for...
Facebook, Google, Twitter spearhead Ads Integrity Alliance to thwart villainous ads

Green Dot acquires location-based services pioneer Loopt for $43.4 million in cash

thenextweb.com
In a move straight out of left field, Green Dot, a provider of prepaid debit cards, has acquired Loopt for total consideration of $43.4 million in cash. The press release is below, we’re updating this post. Green Dot to Acquire Loopt Loopt is a pioneer in mobile user interface design,...
Green Dot acquires location-based services pioneer Loopt for $43.4 million in cash

AOL Announces Close of $1.056 Billion Patent Transaction with Microsoft

www.businesswire.com
NEW YORK--(BUSINESS WIRE)--AOL, Inc. today announced that it has completed the previously announced $1.056 billion patent transaction with Microsoft Corporation....
AOL Announces Close of $1.056 Billion Patent Transaction with Microsoft
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