All Entries Tagged With: "$GOOG"
Lack of Innovation Dooms Bartz at Yahoo!
On Tuesday night, Yahoo!’s (NASDAQ: YHOO) Board ousted CEO Carol Bartz. Bartz had come under increasing fire in recent months. The company, which has been in decline since 2000, failed to see any resurgence under Bartz’s leadership, something the Board may have been hoping for when she was hired in 2009. Since Bartz assumed the [...]
HP’s TouchPad Sign of a Revolution?
Last week, Hewlett-Packard (NYSE: HPQ) announced that it would be discontinuing production of its TouchPad tablet. The company slashed the price of its tablet to $99, in an apparent effort to quickly liquidate existing stockpiles. Perhaps coming as no surprise, demand for the tablet skyrocketed, and retailers ran out within days. At $99, the tablet [...]
The Smartphone: Tech’s Worst Nightmare?
While consumers may be benefiting from the rapid advancement of smartphones, some companies may be suffering from the ever-improving technology. Specifically, older tech companies with product lines that are quickly becoming less relevant, or even obsolete. As smartphones increase in complexity, they continue to add functionality. This additional functionality may be rendering other technological devices [...]
Is Apple Mania Warranted?
Ever since consumers fell in love with the iPod, it seems as though Apple (NASDAQ: AAPL) has emerged as the most beloved company in America, possibly the world. Last week the company released impressive earnings, demonstrating the full power of the company’s ability to create electronics consumers crave. In the wake of Apple’s earnings, shares [...]
Are We Living Through a Second Tech Bubble?
On Wednesday, Zillow (NASDAQ: Z) and Skullcandy (NASDAQ: SKUL) began trading on the NASDAQ. Both are tech companies—Zillow is an internet website that estimates real estate values, while Skullcandy produces headphones. Skullcandy’s initial public offering (IPO) was priced at $20 per share. At the start of trading, the stock spiked to $23 per share, before [...]
Is Apple Fighting Proxy Wars Against Google?
Shares of smart phone maker HTC (OTC: HTCKF) tumbled in Asian trading on Monday, after the company lost a preliminary ruling in a patent case against tech giant Apple (NASDAQ: AAPL). In an effort to stem the damage, HTC announced a share-repurchase program. Yet, as Reuters reported, the announcement did little to stop the bleeding. [...]
Can Destroying the Dollar Create American Jobs?
In recent days, a number of major U.S. corporations have reported solid earnings. JPMorgan Chase (NYSE: JPM) beat estimates, while Google (NASDAQ: GOOG) absolutely trounced expectations. Yet, while major American corporations are performing admirably, the job market continues to struggle. Despite massive fiscal stimulus, unemployment remains persistently above 9%. Bloomberg’s Rick Wartzman cites a growing [...]
Google’s Chrome Netbooks Could Be Risky
At its annual developer’s conference, Google Inc. (NASDAQ: GOOG) offered a preview of its cloud-based netbook, aka Chromebook, which is scheduled to be available on June 15th at both Best Buy Co. Inc. (NYSE: BBY) stores and Amazon.com (NASDAQ: AMZN). The initial hardware makers are Samsung Electronics Co. Ltd. (OTC: SSNLF) and Acer Inc. The [...]
What Microsoft Wants from Skype
News that Microsoft Corp. (NASDAQ: MSFT) has acquired Internet communications company Skype was not a big surprise. The surprise was how much it cost. Microsoft is paying about $8.5 billion in cash for the company. The investor group that is selling Skype paid about $2 billion for the company just two years ago. Skype claims [...]
Google’s Largest Customer for Search Ads: Amazon
Kantar Media, part of the WPP advertising empire, has released its inaugural report on syndicated paid-search advertising. The report covers the fourth quarter of 2010 and includes only paid-search advertising for Google Inc. (NASDAQ: GOOG) in the US. The top 10 advertisers and their fourth-quarter ad spend are: Amazon.com Inc. (NASDAQ: AMZN) – $51 million [...]