Yahoo is again working on business around mobile under CEO Marissa Mayer, and it is in talks with Foursquare acquisition. The deal price would be of $900 Million, as per rumors. View the full release here.
Yahoo to buy Foursquare $YHOO Read More »
Apple Inc. (AAPL:NASDAQ) reported its most recent quarterly earnings yesterday disappointing analysts with a shortfall in profits although revenue expectations beat by $200 million. How is this possible you may think… Higher sales, lower profits? Answer lies in the shrinking gross margins. The cost to manufacturing Apple devices has risen and is expected to go
Apple Earnings Not so Sweet Read More »
Way to go Zuckerberg. Facebook (FB:NASDAQ) shares are jumping over 20% this morning as the company beat earnings expectations fuelled surprisingly by growth in mobile ad revenue. Furthermore Zuckerberg highlighted that 70% of mobile users visit Facebook each day, compared with only 40% of PC users and saying that mobile monetization will surpass PC monetization in
Investors “Like” Facebook (for now) Read More »
Facebook has a long way to go before it becomes a “mobile company” as Zuckerberg proclaimed the other day. Twitter earns $129.7 million in mobile advertising revenues this year in the U.S. according to eMarketer. Facebook, which rolled out mobile ads for the first time this year, is only at half that amount, at $72.7
Facebook “mobile company?” Read More »
