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Why Yahoo! Inc. (NASDAQ:YHOO) Kept The Deal With Babylon As Google Inc (NASDAQ:GOOG) Withdrew

Boston, MA 12/19/2013 (wallstreetpr) – Yahoo! Inc. (NASDAQ:YHOO) announced last month that it would keep its agreement with Israel-based digital company Babylon Ltd even as Google Inc (NASDAQ:GOOG) announced that it was ending its relationship with the company. The reason Yahoo! Inc. (NASDAQ:YHOO) will continue its association with Babylon is because the company which offers translation and dictionary […]

Yahoo! Inc (NASDAQ:YHOO): Guidance Lower Than Street Expectations

Boston, MA 12/12/2013 (wallstreetpr) – Yahoo! Inc (NASDAQ:YHOO) is a digital media company. With the help of the Company’s technology and experiences, it delivers expertise and digital content for all the devices globally. Company has announced an issue of $1.25 billion through issuance of convertible senior notes which will be due on 2018 as there is […]

Yahoo! Inc. (NASDAQ:YHOO) To Speed Up Data Encryption

Boston, MA 11/19/2013 (wallstreetpr) – Yahoo! Inc. (NASDAQ:YHOO)’s CEO, Marissa Mayer has announced that the company will have systems in place to encrypt all users data by March end. The move is aimed at protecting data and information from unauthorized access by government as well as non-government bodies. Recent reports have said that the U.S. […]

Yahoo! Inc (NASDAQ:YHOO) Has Alibaba and Rising User Base To Justify Its Future Prospects

Boston, MA 10/17/2013 (wallstreetpr) – The company had recently announced its 3Q2013 earnings, which was expected to show the results of the turnaround strategy adopted by the company and its new CEO Marissa Mayer. The company had successfully reported an EPS of $0.34. However, this was less as compared to the same quarter of the […]

Yahoo! Inc. (NASDAQ:YHOO) Scores With Alibaba – GOOG, FB

Boston, MA 10/16/2013 (wallstreetpr) – All eyes were on Yahoo! Inc. (NASDAQ:YHOO) CEO and the effects of her turnaround strategy when Yahoo! announced its3Q2013 earnings yesterday. Yahoo! CEO Marissa Mayer has been trying to turnaround the long struggling company since some time. The company declared earnings per share of $0.34 on revenues of $1.1 billion against earnings […]

In Japan, Yahoo! Inc. (NASDAQ:YHOO) Is Having Tough Time Fighting Amazon And Rakunten

Boston, MA 10/11/2013 (wallstreetpr) – Yahoo! Inc. (NASDAQ:YHOO) is meeting unfavorable conditions in Japan. The Chairman of Yahoo Japan Corp., Masayoshi Son has announced that the website would do away with fees for online shopping websites. Soon after this announcement, the number of applications that the site receives for online retail outlets shot up tremendously. The […]

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 […]

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,, 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 […] (NASDAQ:BIDU), Qualcomm (NASDAQ:QCOM) Partnership for Cloud services – BIDU, FB, YHOO, GRPN, ZNGA

China’s biggest search engine, 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 […]

Expansion in Focus; Google Inc (NASDAQ:GOOG) Invests $75M in 50 MW Wind Farm – GOOG, FB, YHOO, ZNGA, GRPN

Google Inc (NASDAQ:GOOG) declared on Thursday that it has invested $75M in a 50 MW wind farm in Rippey, Iowa, a small town an hour outside of Des Moines. It is Google’s second wind energy investment in the state. In 2010, Google signed a long-standing agreement to purchase green energy for its Iowa data center, […]

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 […]

Tag and Everyone is IT (TAGG)

One of the world’s leading research and advisory companies recently estimated the total income generated by social media sites like Facebook (NASDAQ: FB), LinkedIn (NASDAQ: LNKD) and Twitter could reach nearly $17 billion in 2012. Fortunes may await existing players and newcomers armed with technological innovations that enhance user experience while further monetizing the product […]