net income

net income

New Facebook details reveal Zuckerberg’s $500,000 salary and 45% bonus

thenextweb.com
New IPO information submitted by Facebook has revealed that founder Mark Zuckerberg will be paid half a million dollars this year, while is he eligible to receive two bonuses up to the value of 45 percent of this base salary, as The Sydney Morning Herald reports. The dual performance-based bonus set-up...
New Facebook details reveal Zuckerberg’s $500,000 salary and 45% bonus

Kenexa Acquires E-Learning Solutions Company OutStart

techcrunch.com
In an effort to expand its reach into the e-learning market, Kenexa, a provider of business solutions for HR, has agreed to acquire Boston-based OutStart. Terms of the acquisition were not disclosed. OutStart offers SaaS-based social and mobile learning solutions and will help Kenexa bolster its suite of talent management...
Kenexa Acquires E-Learning Solutions Company OutStart

From February, HTC won’t tell you how many smartphones it sells

thenextweb.com
Taiwanese mobile giant HTC is set to adopt a similar strategy to its Android smartphone-making rival Samsung and amend its quarterly financial statements to no longer reflect the number of smartphones it sells. Digitimes reports that the change is set to come into effect from February, over concerns that it...
From February, HTC won’t tell you how many smartphones it sells

LinkedIn Beats The Street, Q4 Revenue Up 105 Percent To $167.7M

techcrunch.com
Professional social network LinkedIn just reported stronger than expected fourth quarter 2011 earnings today. Earnings came in at $0.12 per share. Revenue for the fourth quarter was $167.7 million, an increase of 105% compared to $81.7 million for the fourth quarter of 2010. Net income for the fourth quarter was...
LinkedIn Beats The Street, Q4 Revenue Up 105 Percent To $167.7M

Yandex Q1 Earnings: Revenues Up 51% To $200.3M, Net Income Up 53% To $43M

techcrunch.com
Yandex, Russia’s biggest search company, has posted Q1 earnings, with revenues up 51% to $200.3 million, and net income up 53% to $43 million. The results easily beat analyst expectations: on average analysts expected revenues of $194.64 million, with earnings per share of $0.15 (low $0.13; high $0.16), but other...
Yandex Q1 Earnings: Revenues Up 51% To $200.3M, Net Income Up 53% To $43M

DeNA Has Big Quarter, Acquiree Ngmoco:( Has Layoffs

techcrunch.com
Japanese mobile gaming giant DeNA bought mobile app developer Ngmoco last year for $400 million. Since then, the company has acquired a range of other outfits and worked to tie the San Francisco startup in with everything else it does. In general, things seem to be improving. The conglomerate just...
DeNA Has Big Quarter, Acquiree Ngmoco:( Has Layoffs

MetroPCS announces Q1 2012 results: total revenues up, new subscriber growth shrinks

www.engadget.com
Regional network MetroPCS has announced total revenues of approximately $1.3 billion for Q1 2012, up from $1.2 bilion in the last quarter and up seven percent from the same period in 2011. Users on contract now total 9.5 million, with 16 percent of them making the move across to...
MetroPCS announces Q1 2012 results: total revenues up, new subscriber growth shrinks

Yandex's cloud storage service now open for all, offers up to 20GB of free space

thenextweb.com
Russian Internet search and services giant Yandex has dropped the invitation-only policy for its free cloud storage service Yandex.Disk, which offers users 10GB of storage space free of charge and another 10GB when you introduce the service to your friends. Yandex originally unveiled its cloud storage service in April 2012,...
Yandex's cloud storage service now open for all, offers up to 20GB of free space

“Winning” SXSW Has Yet To Produce a Winning Business

techcrunch.com
It’s pretty easy to write yet another post about who “won” SXSW or, if you’re feeling ornery or ambitious, how there are no longer any breakout stars. But there’s an important point lost in this repetitive debate. SXSW is good at producing cultural phenomena — think apps that take off...
“Winning” SXSW Has Yet To Produce a Winning Business

Facebook shares climb 10% in private auction to $103B valuation

www.insidefacebook.com
Facebook’s shares climbed 10 percent from a week ago in a private auction that valued the company at $103.4 billion. SharesPost, which arranges sales of shares in privately held companies, said it completed an auction of 150,000 shares of Class B stock today at a clearing price of $44. That’s...
Facebook shares climb 10% in private auction to $103B valuation

Chinese Web firm Sohu posts 30% annual revenue increase, but profits slump by 46%

thenextweb.com
Chinese Web firm Sohu, which operates the country’s third largest search engine, had a “challenging” first quarter of 2012, in which it posted revenue growth but saw profits slump, according to its latest earnings. The group saw the quarter’s total revenues hit $227 million, a 30 percent increase year-on-year, but net...
Chinese Web firm Sohu posts 30% annual revenue increase, but profits slump by 46%

Search giant Yandex reports $200m in revenues for Q4 2011, up 56%

thenextweb.com
NASDAQ-listed Russian search juggernaut Yandex this morning published its quarterly earnings and financial results for the full year 2011, its third in a string of announcements this week after touting its new social search program and a search partnership with Twitter. Compared to the fourth quarter of 2010, Yandex’ revenues...
Search giant Yandex reports $200m in revenues for Q4 2011, up 56%

How To Avoid The Excel Mistake That May Have Ruined The Global Economy

www.businessinsider.com
Whoops. An apparent error in Carmen Reinhart and Kenneth Rogoff's influential study of government debt was the result of a simple mistake in Microsoft Excel that all spreadsheet jockeys fear. Here it is: The cells outlined in dark blue contain the data points that Reinhart and Rogoff used to reach their conclusion that countries with a...
How To Avoid The Excel Mistake That May Have Ruined The Global Economy

No, I Still Wouldn't Buy Groupon's Stock (GRPN)

www.businessinsider.com
After Groupon reported its Q4 earnings yesterday, I suggested it was time for all the folks saying the company "can't make money" to finally admit that they're wrong. And it is time for that. Groupon's business generated a nice operating profit and cash flow in Q4, while still posting...
No, I Still Wouldn't Buy Groupon's Stock (GRPN)
Facebook Shares Fall Below $38, Slipping More Than 4% In Pre-Market Trading

Barnes & Noble Misses In Q3; NOOK Business Up 38 Percent To $542M

techcrunch.com
Barnes and Noble reported earnings this morning, with total sales increasing 5% compared to the prior year, from $2.3 billion to $2.4 billion, falling short of analyst expectations. Net income was $52 million, which is flat with the previous year’s earnings. Third quarter earnings per share was $0.71; missing analyst...
Barnes & Noble Misses In Q3; NOOK Business Up 38 Percent To $542M
HTC slumps to lowest profit since 2004 despite flagship phone launches

A Closer Look: Facebook’s Operating Margins Decline With Growing Headcount, International Growth

techcrunch.com
One thing that has been remarkable about Facebook is its willingness to expand in developing markets that many other consumer Internet companies would otherwise write off because they’re hard to monetize. But that growth abroad plus the company’s increasing headcount and share-based compensation expenses are eating into its operating margins,...
A Closer Look: Facebook’s Operating Margins Decline With Growing Headcount, International Growth

AOL beats Street on earnings, but changes could be afoot

news.cnet.com
The company posted revenue during the first quarter of $529.4 million. Its net income hit $21.1 million, jumping 349 percent over last year. [Read more]...
AOL beats Street on earnings, but changes could be afoot

AOL Beats Street, But Revenue, Display Ads Dipped

techcrunch.com
AOL reported first quarter earnings this morning, which saw it posting higher revenues than expected by analysts, with $529.4 million in revenue during the quarter, beating the $527 million consensus. However, this represented a 4% drop from a year earlier. Meanwhile, net income rose fourfold from the same quarter last...
AOL Beats Street, But Revenue, Display Ads Dipped

Russian search giant Yandex's Q2: revenue up 50% to $207.2m, net income grows to $60.4m

thenextweb.com
Russian search and Internet services company Yandex this morning published its financial results for the second quarter of 2012, reporting a 50 percent increase in revenue compared to the same period last year (to RUR 6.8 billion or $207.2 million). Net income jumped 60 percent compared with Q2 2011, to...
Russian search giant Yandex's Q2: revenue up 50% to $207.2m, net income grows to $60.4m

HTC Q4: Profits Slide To Just $34M For The Quarter, 91% Drop Year-On-Year -- Its Lowest Profit Since 2004

techcrunch.com
It was always clear Q4 would be difficult for HTC, as the company continues to struggle to make itself heard in a space dominated by its Android OEM rival Samsung, but exactly how difficult has been made clear today: the Taiwanese smartphone maker has posted its lowest profit in eight years,...
HTC Q4: Profits Slide To Just $34M For The Quarter, 91% Drop Year-On-Year -- Its Lowest Profit Since 2004

Apple posts $9.5 billion net profit in Q2 2013: sells 19.5 million iPads, 37.4 million iPhones

www.engadget.com
Apple has been on a roll for, well, almost as long as we can remember. Basically since the debut of the iMac, the company has been riding a rocketship back from brink of irrelevance. The iPod, iPhone and iPad have all led it to post record quarter, after record...
Apple posts $9.5 billion net profit in Q2 2013: sells 19.5 million iPads, 37.4 million iPhones

An Icelandic exit: Commtouch acquires FRISK's antivirus business

thenextweb.com
Cloud-based Internet security provider Commtouch this morning announced that it has acquired Iceland-based FRISK Software International’s antivirus business. Terms of the transaction were not disclosed. FRISK, established in 1993, offers antivirus solutions for the OEM, corporate, and consumer markets under the F-PROT brand (a name that will make all Dutch-speaking...
An Icelandic exit: Commtouch acquires FRISK's antivirus business

LinkedIn Is Barely Profitable Because It Hired 531 Sales And Marketing Execs Last Year (LNKD)

www.businessinsider.com
LinkedIn may have more than doubled revenue last year to $522 million but it actually rendered itself less profitable by nearly tripling its sales and marketing costs.It earned net income of just $26 million. The company could have been a lot more profitable if it hadn't increased its sales...
LinkedIn Is Barely Profitable Because It Hired 531 Sales And Marketing Execs Last Year (LNKD)
Apple to become most profitable company ever

Nintendo has another tough year, sells just 390,000 Wii Us in the last quarter

www.engadget.com
While there's no shortage of 3DS iterations headed to the market, Nintendo is having a harder time selling its new Wii U. Profits for the year are also half of its own predictions, despite the fact that Nintendo already reduced its rosy estimates in the interim. Net sales are...
Nintendo has another tough year, sells just 390,000 Wii Us in the last quarter

Russian search giant Yandex pushes ad sales in Europe with opening of new Swiss office

thenextweb.com
Russian search giant Yandex today announced it has expanded its European operations, opening a new sales office in Lucerne, Switzerland, where it will fronted by Bernard Lukey, the former CEO of Russian online retailer OZON.ru. Yandex says that its new office will allow it to efficiently manage its advertising clients in Europe,...
Russian search giant Yandex pushes ad sales in Europe with opening of new Swiss office
LinkedIn revenue up 105% in fourth quarter 2011

Funzio Was Making $5M In Sales Per Month When It Sold To GREE For $210M

techcrunch.com
San Francisco-based mobile gaming startup Funzio had just come off making more than $5 million in sales per month when it sold to Japan’s GREE for $210 million last week. Profits may be another story, and there’s less visibility into that. But Funzio had to decide between raising additional funding or selling at the...
Funzio Was Making $5M In Sales Per Month When It Sold To GREE For $210M
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