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Baidu Inc (ADR) (NASDAQ:BIDU) Beats Forecasts To Prove Skeptics Wrong

Boston, MA 10/31/2013 (wallstreetpr) – Baidu Inc (ADR) (NASDAQ:BIDU) has once again proved the skeptics wrong and has come out with a stellar consensus beating result. And with this result, concerns raised because of new and upcoming search engine Qihoo have been put to rest for a while. Though it is true that the new company […]

Groupon Inc (NASDAQ:GRPN) Jumps 13% On Hedge Fund Takes Stake – GRPN, FB, YHOO, BIDU, GOOG

Shares of Groupon Inc (NASDAQ:GRPN) surged over 13 percent, to $3.53 per share on Tuesday, following a New York-based hedge fund declared that it had purchased a 9.9 percent stake in the online daily deals firm. Late Monday, Tiger Global reported in a regulatory filing that it has purchased 65 million shares of Groupon’s stock […]

Qihoo 360 (NYSE:QIHU)’s CEO Expects New Product Boost Results – QIHU, YOKU, NFLX, BIDU, SINA

Shares of Qihoo 360 Technology Co Ltd (NYSE:QIHU) surged on Wednesday as it recently announced third-quarter profit soared 18 percent as the Chinese Internet firm declared an increasing user base and a jump in revenue. The firm’s American depositary shares increased 3.8 percent to $24.60 in after-hours trading. Through the close, the equity was increase […]

Facebook (NASDAQ:FB)’s Investor Interpublic (NYSE:IPG) Sells All Remaining Stake – FB, YHOO, GRPN, ZNGA, BIDU

On Tuesday, Interpublic Group of Companies, Inc. (NYSE:IPG) decaled that the investment it made in the social network in 2006 is no longer strategic in nature. It sold its residual investment in Facebook Inc. (NASDAQ:FB) for net cash proceeds of $95M,. CEO of Interpublic, Michael I. Roth articulated that the firm’s investment had increased significantly […]

Groupon (NASDAQ:GRPN) Declares Israeli Website Hack after Gaza Attack – GRPN, FB, YHOO, ZNGA, BIDU

Shares of Groupon Inc (NASDAQ:GRPN) surged more than 4% on Monday after it declared that its Israeli Web site, groupon.il, was compromised by a political hackers group who hacked the site to declare messages threatening Israeli crowds against any ground attack against Gaza. A Groupon spokeswoman, Julie Mossler reported in a statement that the hackers […]

Baidu.com (NASDAQ:BIDU), Qualcomm (NASDAQ:QCOM) Partnership for Cloud services – BIDU, FB, YHOO, GRPN, ZNGA

China’s biggest search engine Baidu.com, Inc. (NASDAQ:BIDU) reported on Monday the firm would offer 30GB of free blur storage to Android strategy built with certain Qualcomm chips, in what’s the newest move by the firm to carve out a attendance in the country’s mobile services sector. Baidu’s limited-time proposal applies in China to two of […]

Federal Judge May Approve Google (NASDAQ:GOOG)’s $22.5M FTC Deal – GOOG, BIDU, TRIP, LNKD, AOL

A federal judge articulated that she might allow Google Inc. (NASDAQ:GOOG)’s $22.5M deal with the U.S. Federal Trade Commission over asserts the firm inappropriately planted cookies on Apple (NASDAQ:AAPL) Inc.’s Safari Internet browser. Advocacy group Consumer Watchdog be in opposition to the agreement, quoting it allows Google off too simply and suggests that a separate […]

Facebook Inc. (NASDAQ:FB) Boost Its Online Gift-Giving Feature to Add More Partners – FB, BIDU, AKAM, TRIP, AOL

Facebook Inc. (NASDAQ:FB) announced on Thursday that it is increasing the number of retailers for its gift-giving feature that lets users purchase and send items with no leaving the website, part of the firm’s efforts to add new revenue. Facebook declared at a press conference on in New York that the new partners include Brookstone […]

Groupon (NASDAQ:GRPN) Hires eBay (NASDAQ:EBAY)’s Executive As A COF – GRPN, FB, YHOO, BIDU, ZNGA

Shares of Groupon Inc (NASDAQ:GRPN) surged more than 3 percent after it announced on Wednesday that it has appointed Kal Raman as a chief operating officer, though he will accountable in front of CEO Andrew Mason. After eBay (NASDAQ:EBAY), Raman joined the daily deals provider firm Groupon in April, where he worked as vice president […]

Zynga Inc (NASDAQ:ZNGA) Announces Modification In Executive Team – ZNGA, YHOO, BIDU, GOOG, AOL

The world’s leading provider of social game services, Zynga Inc (NASDAQ:ZNGA), reported on Tuesday a number of changes to the firm’s executive team. Amid these changes, Mark Vranesh, chief accounting officer, has been hired as a chief financial officer. Mr. Vranesh succeeded David Wehner, who is quiting the firm today to pursue a senior finance […]

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