chief financial officer

chief financial officer

As Apple and Samsung accelerate, HTC’s sales fade away

gigaom.com
Once high-flying Android manufacturer HTC reported weak fourth quarter results and forecast an even tougher first quarter as competition from Apple and Samsung squeezed the Taiwanese smartphone maker. HTC reported revenue of 101.42 billion Taiwan dollars or $3.48 billion with earnings of 10.94 billion Taiwanese dollars or $369 million, good for...
As Apple and Samsung accelerate, HTC’s sales fade away

LivingSocial launches branded Visa Card in cahoots with Chase

thenextweb.com
LivingSocial has announced the launch of the LivingSocial Rewards Visa Card in conjunction with Chase Card Services, the US consumer and commercial banking business of JPMorgan Chase & Co. In what is being touted as the “first ever partnership of its kind”, the card promises to give LivingSocial users additional...
LivingSocial launches branded Visa Card in cahoots with Chase

Live Blog: Apple Announces Cash Plans

blogs.wsj.com
What is Apple Inc. doing with its roughly $100 billion cash pile? Bloomberg Apple has far more cash than any other U.S. corporation, thanks in part to the sales of its iPad tablets. Apple this morning announced it will issue its first dividend since December 1995 — a $2.65 per...
Live Blog: Apple Announces Cash Plans

Online work marketplace oDesk lands $15m, former Chegg exec as new CFO

thenextweb.com
Online workplace company oDesk, originally founded in 2003, has raised $15 million in Series D funding. The fresh capital comes from T. Rowe Price, Globespan Capital Partners, Benchmark Capital and Sigma Partners. Furthermore, the company has scored a coup by hiring Gregory Stanger as its new chief financial officer. A...
Online work marketplace oDesk lands $15m, former Chegg exec as new CFO

HTC reaffirms its commitment to Beats Audio, says media speculation is “categorically inaccurate”

thenextweb.com
HTC has moved quickly to rubbish claims that the company is dissatisfied with its partnership with Beats Audio, today confirming that it is committed to developing its brand with the audio-centric company. The company recently appointed Chia-Lin Chang as its new Chief Financial Officer, replacing Winston Yung, who transitioned to a corporate...
HTC reaffirms its commitment to Beats Audio, says media speculation is “categorically inaccurate”

HTC: Apple And Samsung Are Clobbering Us (AAPL, GOOG)

www.businessinsider.com
Remember when HTC was the hot Android phone maker? Those days appear to be over. Ryan Kim at GigaOm reports: In the first quarter, HTC said it was expecting revenue of between 65 billion and 70 billion Taiwanese dollars or $2.20-2.37 billion, which could amount to as much as a...
HTC: Apple And Samsung Are Clobbering Us (AAPL, GOOG)
Google Fiber launches in Kansas City

While its stock price declines, EA hires former Yahoo CFO to head up its financial operations

thenextweb.com
Digital entertainment giant Electronic Arts (EA) has appointed Blake Jorgensen as its EVP and Chief Financial Officer, a role that will see him report directly to CEO John Riccitiello. Jorgensen starts in early September and will have responsibility for the company’s global financial operations. Jorgensen, who lives in the San...
While its stock price declines, EA hires former Yahoo CFO to head up its financial operations
Facebook’s record-breaking IPO reportedly set for May 18th

Facebook Will Start Offering Paid Apps, Beta Program Starts Now

techcrunch.com
Facebook’s platform may have come to life on the back of freemium apps, but now it’s taking another page from Apple’s playbook by offering paid apps. A beta program starting now will let developers charge Facebook users a flat fee to use their apps. This will cover both HTML5 apps and...
Facebook Will Start Offering Paid Apps, Beta Program Starts Now
Cloudability Raises $8.7 Million From Foundry Group For Service To Track Cloud Spending

Canada To Launch Its Own Version Of BitCoin Called MintChip

www.fastcompany.com
Last week, Canada's finance ministry announced the country would soon no longer be distributing the country's one-cent piece, effectively killing the penny. Now, in yet another sign that money is transitioning away from physical currency, the Royal Canadian Mint, the government-owned corporation that produces Canada's coinage, is set to...
Canada To Launch Its Own Version Of BitCoin Called MintChip

Facebook IPO set for 18 May

www.guardian.co.uk
Mark Zuckerberg to join Facebook IPO roadshow ahead of company stock market float on 18 MayFacebook shares will float on the US stock market on Friday 18 May, with a "roadshow" for the company's enthusiastically-awaited initial public offering to begin next Monday including its founder Mark Zuckerberg, according to Silicon...
Facebook IPO set for 18 May

HTC Is Getting Clobbered After Its CFO Unexpectedly Leaves The Company

www.businessinsider.com
TAIPEI (Reuters) - Shares of HTC Corp fell as much as 6 percent on Tuesday after a change in its chief financial officer and the imminent launch of a new phone by arch rival Samsung Electronics raised concerns over the Taiwanese firm's recovery. HTC has been losing market share to...
HTC Is Getting Clobbered After Its CFO Unexpectedly Leaves The Company

WordPress.com Parent Company Automattic On Track To Make $45M In Revenue This Year

techcrunch.com
Automattic, the software company best known for running the for-profit fork of the WordPress blog publishing system, is perhaps the best proof out there that blogging can be a real business. The company, which was founded in 2005 by 28-year-old WordPress creator Matt Mullenweg, disclosed some big numbers in an...
WordPress.com Parent Company Automattic On Track To Make $45M In Revenue This Year

Verizon Executive Potentially Hints at iPhone Launch in Fourth Quarter 2012

www.macrumors.com
As noted by CNET, Verizon Chief Financial Officer Fran Shammo made a comment during today's earnings release conference call that many are interpreting as a hint that the next-generation iPhone will be launching in the fourth quarter of this year.Apple's next iteration of the iPhone could drop in the fourth...
Verizon Executive Potentially Hints at iPhone Launch in Fourth Quarter 2012

EA Shares Slip 9% In After-Hours As The Company Forecasts Losses For The Quarter

techcrunch.com
EA shares slipped 9.5 percent in after-hours trading to $13.70 as the company said it expected losses of 40 to 45 cents a share for the next quarter. It said it expects to make $4.1 billion for the year and will lose 16 to 36 cents a share, on a...
EA Shares Slip 9% In After-Hours As The Company Forecasts Losses For The Quarter

Verizon Clarifies Discontinuation of Grandfathered Unlimited Data: Applies to New Subsidized Devices

www.macrumors.com
Verizon yesterday made headlines for comments from Chief Financial Officer Fran Shammo revealing that the carrier is planning to discontinue its grandfathered unlimited data plans when the carrier rolls out new shared data plans this summer. Verizon dropped those unlimited data plans within months of introducing the iPhone early last...
Verizon Clarifies Discontinuation of Grandfathered Unlimited Data: Applies to New Subsidized Devices

Yelp’s Post-IPO Earnings: $27.6M in Revenue, Up 59% From A Year Earlier, But Net Loss Triples

techcrunch.com
In its first ever earnings report as a publicly-traded company, Yelp said it earned $27.6 million in revenue up 59 percent from the $16.5 million it made in the same time a year ago. It lost $9.8 million, more than triple the $2.7 million it lost in the same time...
Yelp’s Post-IPO Earnings: $27.6M in Revenue, Up 59% From A Year Earlier, But Net Loss Triples

Apple plans dividend, buyback — will pay out $45B over 3 years

www.geekwire.com
Apple this morning confirmed plans to start start issuing a dividend for the first time in 17 years — part of a plan to pay out $45 billion over three years as a means of reducing its cash balance, now approaching $100 billion. A quarterly dividend of $2.65 will start sometime...
Apple plans dividend, buyback — will pay out $45B over 3 years
Sequoia’s Roelof Botha: “Entrepreneurs Don’t Appreciate When They’re Onto A Good Thing”

Facebook Execs Feel Betrayed By Nasdaq, But They Won't Switch Exchanges (FB)

www.businessinsider.com
It looks like Facebook is choosing to be frenemies with Nasdaq. Facebook's executives have decided to keep the company's stock listed on the Nasdaq rather than switching to the New York Stock Exchange, the Wall Street Journal reports. The reason, according to the Journal, is that Facebook's executives are concerned...
Facebook Execs Feel Betrayed By Nasdaq, But They Won't Switch Exchanges (FB)
Facebook’s roadshow video will tug at your heart
Zynga insiders sold $500,000,000 of stock ... four months before the stock cratered

Baidu earns $1.26 per share on $859 million in revenue in Q2, beating analyst projections

thenextweb.com
Baidu reported second quarter earnings of $1.26 per share, and revenues of $859 million. Both figures exceeded analyst expectations. This is a breaking story, please refresh for updates. What follows is the company’s full release: Second Quarter 2012 Highlights Total revenues in the second quarter of 2012 were RMB5.456 billion ($858.8 million), a...
Baidu earns $1.26 per share on $859 million in revenue in Q2, beating analyst projections

Verizon drops hint on iPhone 5, calls for Q4 launch

news.cnet.com
Verizon Chief Financial Officer Fran Shammo gives a potential time frame for the launch of the next version of Apple's smash-hit phone. [Read more]...
Verizon drops hint on iPhone 5, calls for Q4 launch

First Zynga stock sell-off insider trading lawsuit filed

venturebeat.com
Soon after Zynga’s crash-and-burn quarter reduced its stock to the $3 level, five legal firms announced investigations into allegations of insider trading. The problem? As we reported before, Zynga executives and investors including CEO Marc Pincus sold over $500 million in stock just three months before. Pincus sold $200 million of Zynga...
First Zynga stock sell-off insider trading lawsuit filed

HTC promises change after admitting its bulky LTE phones have been weak so far

www.bgr.com
HTC on Monday reported that the company’s fourth quarter earnings missed analysts’ estimates. While speaking on the vendor’s earnings call, HTC’s chief financial officer said that the manufacturer ”dropped the ball” with its 2011 devices, SlashGear reports. Winston Yung admitted that the company’s LTE handsets were too thick, offered insufficient battery life...
HTC promises change after admitting its bulky LTE phones have been weak so far

Boot up: Oracle sues over Lodsys, Vint Cerf on net regulation, Asus' 'sexist' tweet, and more

www.guardian.co.uk
Plus flexible glass displays for phones, and Henry Blodget on the TV businessA quick burst of 8 links for you to chew over, as picked by the Technology teamOracle sues to smash patent troll Lodsys >> Mobile Technology NewsOracle, it seems, is not one for irony. Right after an epic...
Boot up: Oracle sues over Lodsys, Vint Cerf on net regulation, Asus' 'sexist' tweet, and more

Apple LTE chip supplier Qualcomm unable to meet demand, could push back next iPhone launch

9to5mac.com
According to a report from Reuters, Apple’s LTE chip supplier Qualcomm is having “trouble meeting demand” for smartphone chips and will continue experiencing manufacturing constraints throughout the rest of the year. Qualcomm Chief Executive Paul Jacobs told analysts on a conference call yesterday, “At this stage we cannot secure...
Apple LTE chip supplier Qualcomm unable to meet demand, could push back next iPhone launch
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