• Microsoft Earnings Out, Revenue $25.7 billion
    [February 2, 2016] Microsoft just announced its earnings report for its fiscal year 2016 Q2. The company beat Wall Street expectations for revenue and earnings per share at $25.7 billion and $0.78 respectively. The company says its results are highlighted by its cloud strength. CEO Satya Nadella said, “Businesses everywhere are using the Microsoft Cloud as their digital […]
  • Square IPO Priced at $9 Per Share
    [November 25, 2015] The big day for Square’s IPO is here. The company priced the offering of 27,000,000 shares of its Class A common stock at a public offering price of $9.00 per share. This is significantly less than previously announced plans to price the IPO at $11 to $13. 25,650,000 of the shares are being offered by […]
  • The Lack Of Diversity In Silicon Valley’s Venture Capital Firms Are Worse Than The Non-Diverse IT Companies They Fund
    [October 21, 2015] There’s a striking lack of diversity in the tech world, and this is a well-documented fact. The biggest names in the business – Facebook, Google, Twitter, etc. – have all put out diversity reports over the past few years that show this, and all have made pledges to do better. Silicon Valley is pretty white, […]
  • Microsoft Bought The Analytics Provider Volometrix
    [September 18, 2015] Microsoft announced on Thursday that it has completed an agreement to acquire VoloMetrix, an organizational analytics provider. “Today’s announcement is part of Microsoft’s commitment to reinvent productivity and business process, and combines VoloMetrix’ experience, technology and track record of success with Office 365 and our previously announced Delve Organizational Analytics,” a spokesperson for Microsoft tells […]
  • How Well Did LinkedIn Fair On Revenue?
    [August 12, 2015] LinkedIn just released its earnings report for the second quarter with revenue up 33% year-over-year at $712 million and earnings per share of $0.55. Both of these were significantly better than Wall Street estimates, which were reportedly more like $680.3 million and $0.33. The company brought in $443 million from its Talent Solutions category and […]
  • Fake Article About Twitter Buyout Increased Stock Prices
    [July 15, 2015] Hoax articles – fooling everyone from your racist uncle on Facebook to top Wall Street investors. An article suggesting that Twitter had received a $31 billion offer sent the company’s stock prices soaring earlier this afternoon.
  • Verizon Paying $4.4 Billion For AOL in Buyout
    [May 20, 2015] Verizon announced that it has signed an agreement to acquire AOL for $50 per share, in a deal valued at roughly $4.4 billion. Verizon is painting the acquisition as a “significant step in building digital and video platforms to drive future growth” and ” as driving its LTE wireless video and OTT (over-the-top video) strategy.
  • Reports Indicate Yahoo Is About To Buy Foursquare
    [April 22, 2015] Yahoo may or may not be in talks to acquire Foursquare. Two pretty reputable tech publications (each likely with numerous insider sources) have conflicting reports about this. TechCrunch has a lengthy report written by two of its veteran journalists, claiming to have multiple sources indicating the two companies are indeed in talks, and that they’re […]
  • Yelp Invests In Eat24, Promises To Expand On Services
    [March 4, 2015] Yelp just announced that it has acquired Eat24, the web and app-based online food ordering service that made headlines last year when it “broke up” with Facebook. The deal is valued at $134 million, consisting of stock and cash. The cash part is $75 million.
  • Pinterest Invests In Search and Ad Company – Kosei
    [January 29, 2015] Pinterest just announced that is has acquired the team and technology behind recommendation and commerce startup Kosei. The company says it will use he acquisition to accelerate its discovery and monetization efforts. “The team includes some of the best minds in machine learning, data science and recommendation engines, who’ve created a unique technology stack that […]
  • Adobe Buys Out Fotolia For Their Creative Cloud Integration
    [December 17, 2014] Adobe announced that it has entered into an agreement to acquire stock photo service Fotolia, which it will integrate into Adobe Creative Cloud. The idea is that it can give users the ability to easily purchase images right from the product There are currently over 34 million of them to choose from.
  • Microsoft Posts Record Revenue For The Q1 2015 Fiscal Year
    [October 29, 2014] Microsoft just released its earnings for its Fiscal Year 2015 Q1, posting record first-quarter revenue thanks to its cloud and hardware offerings. The company managed to beat Wall Street expectations with EPS at $0.54 and revenue at $23.2 billion, down 13% and up 25% year-over-year, respectively.
  • Cisco Says It Plans To Buy Memoir Systems
    [September 24, 2014] Cisco announced its intent to acquire privately held Memoir Systems, which develops semiconductor memory intellectual property and tools for ASIC vendors to build programmable network switches.
  • Yahoo Completes Acquisition of Flurry
    [August 27, 2014] Last month, Yahoo announced that it reached a definitive agreement to acquire mobile analytics firm Flurry. The company announced on Tuesday that the transaction is now complete.
  • Reports Indicate Google Bought Twitch for $1 Billion
    [July 30, 2014] Update: VentureBeat is reporting that Google has reached a deal to buy Twitch for $1 billion, and that the company is joining YouTube. Still, neither company is commenting. Original article (May 19): Google is reportedly in talks to acquire video game streaming company Twitch. Variety reports that it’s an all-cash offer, and is expected to […]
  • TapCommerce Being Acquired By Twitter
    [July 9, 2014] Twitter is acquiring mobile retargeting company TapCommerce, as first reported by Re/code . While not officially disclosed, the price is said to be “in the ballpark” of $100 million.
  • Google Capital Invests In FreshDesk
    [June 18, 2014] Cloud-based customer support software maker Freshdesk announced today that it has secured a new $31 million round of funding led by Tiger Global, with backing from Accel Partners and Google Capital. That would make Freskdesk the sixth company to get backing from Google’srecently launched growth-stage investment arm.
  • DirecTV Selling Out To AT&T For $48.5 Billion
    [May 28, 2014] After weeks of rumor and speculation, AT&T has officially announced that it will acquire DirecTV in a stock-and-cash transaction for $95 per share based on AT&T’s Friday closing price, putting it at $48.5 billion. The deal will still face regulator approval, but it has been approved unanimously by the Boards of Directors of both companies. […]
  • Netflix and Comcast At Odds Over Time Warner/Comcast Merger
    [April 23, 2014] Netflix released its quarterly earnings report on Monday, along with the usual letter to shareholders. The company took part of its letter to talk about net neutrality and the proposed merger between Comcast and Time Warner Cable. CEO Reed Hastings and CFO David Wells wrote: The Internet faces a long term threat from the largest […]
  • Safeway Set To Merge With Albertsons
    [March 12, 2014] Safeway Inc. began as Skaggs, which opened its first store in 1915 and grew into Safeway in 1926.
  • Microsoft Invests $15M in Foursquare
    [February 19, 2014] Foursquare has just received a cash injection from Microsoft, and Microsoft products will soon sport billions of Foursquare data points.
  • $24.52 Billion In Revenue Reported By Microsoft For Q2
    [January 27, 2014] Over the holidays, Microsoft launched a number of new hardware products, including the Xbox One and Surface 2. As it turns out, those product launches combined with its new focus on devices and services led to a record quarter for the Redmond giant.
  • BlackBerry Lost $4.4 Billion In The Third Quarter
    [January 8, 2014] BlackBerry released its third quarter financial report and the results are about as dire as everyone expected.
  • Earnings Report For 2013 Released By HP
    [December 5, 2013] Following a series of dismal earning reports, HP is finally showing signs that it is on the right track. The company announced its fourth quarter results along with its fiscal year 2013 results.
  • Q3 Earnings Released For Groupon
    [November 13, 2013] Groupon just released its earnings report for the third quarter, and announced an agreement to acquire Ticket Monster from its rival LivingSocial for $260 million cash and stock.