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Tesla’s $100M IPO: Losses Expected Until At Least 2012. Musk Taking $1 A Year.

Electric car company Tesla Motors has filed for a $100 million IPO. There were rumors recently floating around that the company, which is led by PayPal co-founder Elon Musk, would go public “soon.” One interesting tidbit from the filing: Musk only t…

[ More ] January 30th, 2010 | No Comments | Posted in Web 2.0 |

Amazon blows by estimates, sees strong first quarter

SAN FRANCISCO (Reuters) – Amazon.com Inc blew past analysts’ profit estimates in its closely watched holiday quarter and forecast revenue for early 2010 that topped already-high Wall Street expectations.

[ More ] January 29th, 2010 | No Comments | Posted in Internet |
 

Microsoft Reports Strong Quarter, Driven By Windows 7 Demand

Microsoft has just posted the results of its fiscal 2010 second-quarter, which ended December 31. The company reported $19.02 billion in revenue and diluted earnings of $0.74 per share, beating analyst expectations of revenues of $17.8 billion and …

[ More ] January 29th, 2010 | No Comments | Posted in Web 2.0 |

In the Wake of iPad, Amazon Reminds Us the Kindle Is Far From Dead

The tech world might be abuzz about how the iPad may or may not kill Kindle, but Amazon would like to take this opportunity to remind you how pervasive its e-reader has become.Specifically, the company is touting a number of Kindle-related stats in …

[ More ] January 29th, 2010 | No Comments | Posted in Web 2.0 |
 

Amazon Fourth Quarter Sales Up 42 Percent, Bezos Says “Millions Of People Own Kindles”

The holidays were good to Amazon, which just announced fourth quarter 2009 earnings. Sales were up 42 percent to $9.5 billion in the quarter, and net income shot up 71 percent to $384 million. For the full year, sales were $24.5 billion, and net i…

[ More ] January 29th, 2010 | No Comments | Posted in Web 2.0 |

Nokia Shipped 127 Million Units In Q4 2009, Profits Soared 65%

Nokia, still the world’s top mobile phone maker, reported a stronger-than-expected 65% rise in fourth-quarter net profit this morning. The Espoo, Finland-based company reported net profit of €948 million for the quarter or 26 eurocents a share, up…

[ More ] January 28th, 2010 | No Comments | Posted in Web 2.0 |
 

Mashable Readers Pick iSlate as the Apple Tablet’s Name

Last week we asked you which is the best name for the Apple Tablet from among the top rumoured names so far: iSlate, iGuide, iPad, iTablet, or none of the above.The results are now in, and it turned out to be a very tight battle between two frontrun…

[ More ] January 27th, 2010 | No Comments | Posted in Web 2.0 |

Yahoo’s Q4 2009 Revenues Down Only 4%, Search Ads Down 15% YoY

Yahoo announced their fourth quarter 2009 earnings just minutes ago. They reported better than expected earnings, with a decline in revenue of only 4%, year over year. Most of that decline came from a 15% drop in search ad revenue from Q4 2008 com…

[ More ] January 27th, 2010 | No Comments | Posted in Search Engines |

Apple: 70 Percent of Fortune 100 Trying Corporate iPhones

Apple, as it is wont to do, blew the roof off with its first-quarter earnings today. Some of the most interesting comments from the company’s results call concerned the company’s work in its emerging market of enterprise mobility.

[ More ] January 26th, 2010 | No Comments | Posted in Web 2.0 |

Dow Jones VentureSource: Bad Year For VC Deals Ended With A Decent Q4

According to statistics released today by Dow Jones VentureSource, the fourth quarter of 2009 was a strong one in light of an overall bad year for venture deal activity in the United States.In Q4 2009, investors put $6.3 billion to work in 743 deals…

[ More ] January 22nd, 2010 | No Comments | Posted in Web 2.0 |
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