nyse
Apple Restores Qihoo 360 Mobile Apps In The App Store
techcrunch.com
On Saturday, February 4, something strange happened to Qihoo 360, a security software company. Their apps, at least the ones in the Apple App Store, were missing. After reaching out to Apple, the company learned that Apple had removed their apps based on “unusual user rating activities by unknown sources...
How 100 iPads saved Greece $140 billion
tech.fortune.cnn.com
Apple's tablet plays a key role in the largest debt restructuring in history Apfel in Greece with iPad FORTUNE -- I got a London call last week from a Bob Apfel, a Brooklyn neighbor (and fellow Oberlin College graduate). "Two weeks ago," he began. "I completed the restructuring of Greece."...
The NYSE Partners With Startup America; Will Loan $1.5M To Small Businesses
techcrunch.com
The New York Stock Exchange is teaming up with The Startup America Partnership, the national campaign that aims to accelerate entrepreneurship; to launch an initiative to fund, mentor and promote startups across America. Startups can apply to receive mentorship and advice from NYSE’s listed companies through the program, and the...
Ahead Of Its IPO On Th NYSE, Yelp Shows Growing Losses
techcrunch.com
It may now be obscured by all the hoopla surrounding Facebook’s going public, but back in November the popular user-generated review site, Yelp, filed to go public and planned to raise $100 million ahead of its IPO (at an expected $1 to $2 billion valuation). On Friday, Yelp filed an...
Done deal: Salesforce.com buys Buddy Media for $689 million in cash and shares
thenextweb.com
Salesforce.com has finally confirmed that it has acquired social media marketing company Buddy Media for nearly $700 million in cash and shares ($689 million to be exact). We’re updating this post, but you can find the press release below: uddy Media, the world’s leading social media marketing platform, enables the...
Salesforce Lines Up Against Oracle On Social Push; Buys Buddy Media For $689M
techcrunch.com
Salesforce last week was reported to be close to buying Buddy Media, and today the company has confirmed it: it’s buying Buddy Media, the social media marketer, in a $689 million, cash-and-shares deal. The news comes just weeks after enterprise services rival Oracle announced it would buy another social media marketing...
BEST BUY CEO RESIGNS
www.businessinsider.com
Just announced by the company: Brian Dunn, teh CEO of Best Buy, is resigning. This comes just days after the company announced a massive restructuring and store closing. Here's the full announcement -------- INNEAPOLIS--(BUSINESS WIRE)--The board of directors of Best Buy Co., Inc. (NYSE:BBY) today announced that Brian Dunn...
Best Buy CEO Brian Dunn resigns
www.bgr.com
Best Buy on Tuesday announced that its director and chief executive officer Brian Dunn has resigned from the company effective immediately. Director G. Mike Mikan has been named interim CEO as the company searches for a new chief executive. “I have enjoyed every one of my 28 years with this...
RIM manufacturing partner pulls the plug on BlackBerry phones
www.bgr.com
Toronto-based original device manufacturer Celestica on Monday announced that it will stop producing hardware for struggling mobile device vendor Research In Motion. Celestica stated that it will wind down manufacturing services related to BlackBerry devices over the next three to six months, and it expects restructuring charges to be less than...
AOL sells more than 800 patents to Microsoft in $1 billion+ cash deal
thenextweb.com
Huge news from the patent front this morning, as AOL and Microsoft have struck a deal that will see the former sell more than 800 of its patents to the Redmond software giant. In addition, Microsoft will license more than 300 additional patents and applications. Aggregate proceeds of the agreement...
Only 8.5% Of Internet Usage Comes Via Mobiles, Double Last Year's Figure
paidcontent.org
When you read the headlines of how ubiquitous smartphones are becoming, and how in some countries the mobile device is overtaking the PC in terms of internet access, you would think that mobile internet usage would directly follow from these facts. In reality, it seems that it still lagging...
Sprint posts $1.3 billion net loss in Q4; 1.8M iPhones sold, 1.6M net subscribers added
www.bgr.com
Sprint on Wednesday reported its results for the fourth quarter of 2011. The nation’s No.3 carrier sold 1.8 million iPhone handsets, 40% of which were sold to new subscribers, and it managed 1.6 million total net subscriber additions in the quarter — its best performance in terms of customer...
Best Buy CEO Brian Dunn Just Resigned
techcrunch.com
Best Buy’s Brian Dunn just stepped down as the retailer’s CEO and director effective immediately. This comes just days after Best Buy missed Wall Street’s estimates last quarter and the retailer announced plans to shutter 50 large stores and open smaller, likely more lucartive Best Buy Mobile locations. Director G....
Pearson Sees Digital Publishing Income Beating Print In 2012
paidcontent.org
Pearson’s digital revenue grew 18 percent to £2 ($3.17) billion (a third of the total) through 2011, as its book publisher Penguin’s e-book sales rose 106 percent and the group reached 43 million students through digital learning services. Now Pearson (NYSE: PSO) forecasts: “Revenues from digital and services businesses...
EmployInsight Grabs $1M For Employee Measurement Platform (And NYSE As First Client)
techcrunch.com
EmployInsight, a web-based platform for measuring and quantifying employees’ “soft skills” in the workplace, has raised $1 million+ from Founder Collective, Launch Capital, Sean Glass, Phil Bronner, Jarrod Yuster, David Cohen, Gus Fuldner and other angels, the company is announcing today. The startup is also revealing one of its first...
Another Chain Says It Won't Carry Amazon Books, But Does It Matter?
paidcontent.org
Canadian bookselling chain Indigo Books & Music is joining Barnes & Noble (NYSE: BKS) and Books-A-Million in their refusal to carry any Amazon (NSDQ: AMZN) Publishing titles in their stores. But what does this boycott really mean? Indigo, which has 244 stores across Canada, said Friday that it will...
Vonage brings free calling and messaging to iPhone, Android
www.bgr.com
Vonage on Wednesday unveiled a new mobile app for the iPhone and Android smartphones that affords free calling and messaging along with cheap international calling rates. Vonage Mobile allows users to make free “high-definition” voice over IP calls among each other over Wi-Fi, 3G or 4G data connections, and...
LinkedIn Acquires Professional Content Sharing Platform SlideShare For $119M
techcrunch.com
LinkedIn has just acquired SlideShare for $119 million in cash and stock. We’ve pasted the release below. UPDATING LinkedIn (NYSE:LNKD), the world’s largest professional network on the Internet with 161 million members worldwide, today announced it agreed to acquire SlideShare, a leading professional content sharing community. The transaction is valued...
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...
Academics Revolt Against Elsevier's Journal Pricing
paidcontent.org
Academics are staging a mini-revolt against science and medical journal publisher Elsevier’s terms, and analysts fear the movement could hit parent Reed Elsevier. Over 4,000 researchers have signed a petition against Elsevier practices including charging libraries for bundles of journals rather than individual titles. They also object to Elsevier’s...
In Major Digitization Effort, Scholastic Launches E-Reading App For Kids
paidcontent.org
The kids’ e-book market is still nascent, with e-books making up just about three percent of children’s book sales. That could change now that Scholastic, the world’s largest children’s book publishers, is digitizing the majority of its list and releasing an e-reading app, “Storia,” that includes a large e-bookstore...
Sprint Galaxy S III preorders begin June 5th, launches June 21st for $199.99
www.bgr.com
Sprint on Monday announced the upcoming availability of the Samsung Galaxy S III smartphone. The nation’s third largest carrier will offer its latest flagship Android handset on Thursday, June 21st, with preorders beginning Tuesday, June 5th. Sprint will offer the Galaxy S III in two flavors, a 16GB model for...
Nevermind The Numbers: Mail Online And New York Times Are Chalk And Cheese
paidcontent.org
Mail Online may have overtaken The New York Times’ website for global audience, according to comScore (NSDQ: SCOR) - but, in reality, the two are still an ocean apart. The macho, competitive ethos of London’s old Fleet Street, on which newspaper executives celebrate beating each other’s circulation, has spilled...
$850 For Everyone? What Happens Next In The AT&T Throttling Case
paidcontent.org
An out-of-work truck driver from California made headlines on Friday when he turned the tables on AT&T (NYSE: T), and stuck it to the phone giant in small claims court. A judge in Simi Valley awarded Matt Spaccarelli $850 after finding that AT&T had choked data on his iPhone...
You Can Buy The Harry Potter E-Books Now
paidcontent.org
The Pottermore e-bookstore is open earlier than expected, with all the Harry Potter e-books and digital audiobooks available for sale for the first time today. Wait until you see the arrangement they worked out with Kindle. Pottermore has been in the works since last year, and while the interactive...
IHS iSuppli: Apple buying chips at a faster rate, will remain top OEM semiconductor buyer in 2012-2013
9to5mac.com
In a post on iSuppli citing the IHS iSuppli OEM Semiconductor Spend Analysis report, the research firm broke down Apple’s continued lead among top OEM semiconductor buyers, noting Apple is buying at a faster rate and “dramatically outperforming” No.2 purchaser Samsung. The research expects Apple to increase its spending on...
IHS iSuppli: Apple buying chips at a faster rate, will remain top OEM semiconductor buyer in 2012-2013
China’s Facebook basks in the glow
tech.fortune.cnn.com
In the week prior to Facebook’s IPO announcement, Renren’s stock leapt by more than 60%, which comes as welcome relief to Joseph Chen, the social networking site’s CEO. Here’s how he plans to keep things rosy. By Bill Powell, editor-at-large Joseph Chen, founder, CEO, and chairman of Renren FORTUNE —...
Sorry, But It's Not The SEC's Job To Stop Investors From Making Stupid Decisions
www.businessinsider.com
In the wake of the Groupon stock implosion, some pundits are bemoaning the government's plan to modestly relax regulations on small public companies by implementing the JOBS Act. The normally very clear-eyed Andrew Ross Sorkin, for example, has suggested that, before he signs the bill, President Obama should look...
LinkedIn acquires SlideShare for $119 million in cash and stock
thenextweb.com
Professional social networking site LinkedIn is reportedly set to acquire SlideShare for $119 million in cash and stock according to a release from LinkedIn: “LinkedIn (NYSE:LNKD), the world’s largest professional network on the Internet with 161 million members worldwide, today announced it agreed to acquire SlideShare, a leading professional content...
Spotify, iTunes Expansion Helping WMG Hit Digital Music Milestones
paidcontent.org
Recent roll-outs to new countries of download and streaming services helped Michael Bublé‘s Warner Music Group (NYSE: WMG) offset physical declines with digital growth in its October-to-December Q3. —In recorded music (ie. sales of tracks to users), digital revenue grew 15 percent after iTunes’ expansion to 12 new European...
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