August 10, 1999
Online magazine Salon.com, which recently went public, reported a fiscal first-quarter net loss, including an $11.5-million one-time noncash preferred dividend, of $16.1 million, or $10.10 per share, compared with a loss of $1.4 million, or $3.75, a year ago. Revenue rose to $1 million from $408,000. * Shares of Santa Monica-based Stamps.com Inc. fell 12% after an early rally on news that the U.S.
August 11, 1999 |
EBay Inc.'s battered stock led Nasdaq gainers Tuesday, one day after the company briefed analysts on its growth strategy and appeared to reassure investors that it is dedicated to preventing the system crashes that have plagued its site. The online auctioneer also beefed up its technology staff Monday, naming Maynard Webb from Gateway Inc. president of technologies and making other key appointments. The stock soared $9.63 to $89.25, leading other Net names higher.
June 30, 2013 |
It's Thursday afternoon and I know I have a morning meeting at nine, a work event at 6, and drinks with friends sometime after that. When it comes time for me to leave I will look for the address, directions and hope to get there in time. Let's be honest, keeping track of everything is difficult. And, with most of our phones being “smart”, its only a matter of time that the virtual personal assistant apps take rise. Apple's Siri helps you get things done just by asking.
March 5, 2012 |
He has only been on the job for two months, but Yahoo's new chief executive, Scott Thompson, is already preparing a bold attempt to turn around the struggling Internet company. Thompson is weighing a significant restructuring of Yahoo that could include thousands of layoffs, according to technology blog All Things D . The moves, the first major ones from the former PayPal president, could be announced as early as this month, Kara Swisher reported, citing anonymous sources.
February 7, 2012 |
Yahoo will forge its future without Chairman Roy Bostock and three other board members, the struggling Internet company said. Bostock announced the departures Tuesday in a letter to shareholders, describing the moves as part of Yahoo's turnaround efforts. "The board has concluded that in order to accelerate the Company's transformation, the combination of a new Chief Executive Officer with an enhanced team of independent directors would provide Yahoo with the expertise and perspectives necessary to drive innovation and growth going forward," Bostock said in the letter.
July 7, 2006 |
Is EBay Inc.'s management team strong enough and deep enough to fend off growing competition from Google Inc.? Investors were asking that question Thursday after the online auctioneer announced a shuffle of senior management that was prompted by the departure of a top executive. EBay shares slumped more than 5%, closing at their lowest level since 2003.