Updated throughout the day. Documents from Facebook show it is profitable (Reuters) Citigroup (NYSE: C) is looking for a buyer for CitiFinancial (FT) Douglas A. McIntyre
Douglas A. McIntyre There is a notion that Goldman Sachs Group (NYSE: GS) should not be allowed to buy shares in Facebook for $450 million and sell them to clients. The SEC plans to look…
Douglas A. McIntyre December retail sales may the last rise in several months. (Reuters) The US will ease some restrictions on deepwater drilling. (Reuters) Oil reached a 27-month peak. (Reuters) Blu-ray could accelerate 3D TV…
Douglas A. McIntyre Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Douglas A. McIntyre The determination of foreign governments to protect their national technology franchises or censor information that originates outside their borders could limit the growth prospects of Skype, Facebook, and Twitter. That’s something competition…
Douglas A. McIntyre Facebook raised money at a $50 billion valuation. (NYT) Foreign commercial real estate investors ranked the US as the No.1 location to buy properties. (Reuters) Oil is unlikely to surge quickly above…
Douglas A. McIntyre Americans do not merely love their favorite and most cherished brands, they love them. Consumers love Apple. They love the Mustang. They love Starbucks, and they once loved The Dallas Cowboys. Brand…
Douglas A. McIntyre Facebook, Twitter, and Skype face an unusual challenge if they are to keep the dominance in their respective markets. It may be difficult to keep each of the services online all of…
Douglas A. McIntyre The head of the FCC said he supports the Comcast (NASDAQ: CMCSA) plan to take a majority position in GE’s (NYSE: GE) NBCU. (Reuters) SpendingPulse reports online retail sales are up 15.4%…
Douglas A. McIntyre Most of the comScore commentary about its November review of the largest US websites and their traffic was devoted to the increase in activity at the large e-commerce destinations due to the…
Douglas A. McIntyre Hulu is no longer in the top ten video sites based on data for November from online research firm comScore. It had been on the list for months. A rise in the…
Douglas A. McIntyre Groupon, the online discount coupon company, did not sell itself to Google (NASDAQ: GOOG). Many media including The Wall Street Journal, AllThingsD, and The New York Times reported that the deal was…
Douglas A. McIntyre Google (NASDAQ: GOOG) keeps losing its top employees to other companies. Some of its senior management and best engineers have departed for AOL, Facebook, TellApart, Cuil, DoApp, and scores of other companies–many…
Douglas A. McIntyre Online spending rose much more than expected on Black Friday. Should the trend continue, holiday 2010 sales may be stronger than expected, especially if e-commerce is a proxy for overall retail activity.…
Douglas A. McIntyre Facebook is a dominant presence on the internet and around the world, but that dominance may be greater than nearly anyone could have imagined. Traffic to the huge social network now accounts…
Douglas A. McIntyre 