Social media mainstay Facebook has been trying to save face from its dismal IPO
last May. But the progress has come in fits and starts.
Current law requires Internet shoppers to self-report their purchases,
calculate in-state sales tax and pay up. Virtually no one does that.
Netflix is finding a fortune in being a Hollywood producer.
Apple's stock NASDAQ:AAPL is bruised and not very desirable, like an unripe apple that falls off the tree early and gets dented. But an imperfect Apple may be a perfect investment for investors in search of value.
Michael Dell's hopes of buying back Dell, the computer company he
created, got a major boost today when private-equity group Blackstone pulled its bid.
It's a cosmic coincidence Silicon Valley-style.
First-quarter net income at IBM slid year-over-year to $3.03
billion, down from $3.07 billion, IBM said Thursday.
a 16 percent increase in net profit for the quarter ending in March,
citing a 20 percent increase in the total number of clicks on
advertisements that appear on Web searches.
A recent survey found that the highest-paid interns work for tech and oil companies. Wall Street didn't even make the top 10.
Yahoo reported lower revenue Tuesday for the
first quarter, but cost-cutting by CEO Marissa Mayer sent profits up.
Silicon Valley pioneer Intel reported lower first quarter earnings
and income as it felt the effects of the
dramatic slowdown in PC sales in the face of tablets and smartphones.
Dell and business magnate Carl Icahn have come to an agreement governing how many shares of the company he and his affiliated entities can control.
Nasdaq OMX Group's board said it had trimmed executive
bonuses to make up for Facebook's botched debut as a public company.
Technology chairman Terry Gou led hundreds of employees in a mass prayer to a
Chinese deity Friday as disappointing sales reported this week sent
his company's stock to an eight-month low.
Shares in India's Infosys Technologies
plummeted by over 20 percent on Friday after the firm forecast weak
sales for the financial year to March 2014.