Media Digest (2/1/2012) Reuters, WSJ, NYT, FT, Bloomberg
Facebook will launch an IPO to raise $5 billion. (Reuters) Amazon.com (NASDAQ: AMZN) says costs may drive it to a loss this quarter. (Reuters) Sony (NASDAQ: SNE) appoints Kazuo Hirai as CEO.…
Facebook will launch an IPO to raise $5 billion. (Reuters) Amazon.com (NASDAQ: AMZN) says costs may drive it to a loss this quarter. (Reuters) Sony (NASDAQ: SNE) appoints Kazuo Hirai as CEO.…
Amazon.com (NASDAQ: AMZN) shares immediately dropped nearly 10% as it release earnings for its most recent quarter. Margins fell significantly While net sales increased 35% to $17.43 billion in the fourth quarter,…
The UK market for streaming video is about to get more crowded. Earlier this month, Netflix Inc. (NASDAQ: NFLX) announced that it would offer its streaming video service in the UK and…
Amazon.com, Inc. (NASDAQ: AMZN) may be well down from its highs in 2011, but the online retail platform giant is expected to post its fourth quarter earnings after the close of trading. …
Best Buy Co., Inc. (NYSE: BBY) has two things working against it today, or at least two things that were not among the myriad of issues impacting it before the last half-day…
Tuesday is going to be full of major earnings reports, two of which are DJIA components. These are not the only major earnings, but ten we will be watching closely are as…
Over the past two years, Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), and Amazon.com (NASDAQ: AMZN) have increased their workforces by more than 50%. The biggest jump came at Web.com Group…
Bookseller Barnes & Noble Inc. (NYSE: BKS) is reported to be negotiating a deal with British bookstore chaine Waterstone’s under which the UK bookseller would market B&N’s Nook e-reader. B&N is trying…
AT&T Inc. (NYSE: T) is out with a huge headline loss due to that $4 billion break-up fee paid charge from the failed T-Mobile merger. The headline loss is -$1.12 EPS and…
Iran may take the matter of oil exports into its own hands. It has signaled that it will stop shipping crude before sanctions by the European Union and U.S. are in place.…
Netflix, Inc. (NASDAQ: NFLX) is set to report earnings after the close and Wall Street has to be wondering if the bar has been set low enough to clear. While shares have…
Amazon.com (NASDAQ: AMZN) is reportedly considering creating a stand-alone subscription streaming video service to compete directly with Netflix Inc. (NASDAQ: NFLX). Amazon’s current streaming service is including with a $79 annual subscription…
Just because you’re retired doesn’t mean you don’t have to work. As of the end of last year, 7.3% of Americans 75 and older were employed — the highest level since 1966,…
One of the main revenue drivers for Google Inc. (NASDAQ: GOOG) going forward is mobile search. The company has said little about growth in this area, but there could be some bumps…
Nearly a third of US consumers now watch movies and other videos on Internet streaming services such as those offered by Netflix Inc. (NASDAQ: NFLX) and Amazon.com (NASDAQ: AMZN). About 55% of…