categories

HOT TOPICS

Subscribe to our Feed

Technology Stocks

Verizon Buys Yahoo for $5 Billion

Posted on Tuesday, Jul 26th 2016

8939222795_a8b9d02939_z

Yahoo (Nasdaq: YHOO) finally seems to have found a buyer for its core assets. After years of trying to recover lost ground, earlier this year, the company had decided to sell off its core assets. It has finally found a willing buyer in Verizon. Yesterday, Verizon agreed to buy Yahoo for $4.83 billion, making it probably the best news for Yahoo in a while.

>>>

Hacker News
() Comments

eBay Acquiring Companies to Improve User Experience and Conversion

Posted on Monday, Jul 25th 2016

182001099_c2a560a588_z

For some time now, eBay’s users have been a disgruntled lot. It has a poor feedback management system and there are issues in search and discoverability. eBay (NASDAQ: EBAY) is now focusing on improving these organically and through acquisitions. >>>

Hacker News
() Comments

Microsoft Rallies on Cloud

Posted on Friday, Jul 22nd 2016

15966275130_efb7b762c7_z

Microsoft (Nasdaq: MSFT) appears to be on a roll, finally. The recent result announcement earlier this week, sent the stock soaring close to its 52-week high levels. The company surpassed analyst expectations, primarily driven by the growth in its cloud business. According to a Gartner report published earlier this year, the global market for cloud system infrastructure is projected to grow to $22.4 billion this year and Microsoft is making sure it has a big chunk of the market.

>>>

Hacker News
() Comments

IBM’s Turnaround Shows Some Promise

Posted on Thursday, Jul 21st 2016

6477299395_a6b029d669_z

IBM’s (NYSE: IBM) revenues continued to decline for the seventeenth straight quarter, but the general sentiment is that it seems to be making progress in its strategic turnaround and its stock is trading close to its 52-week high. IBM has been moving away from computer hardware sales and reorganizing its portfolio to focus on “strategic imperatives” like the cloud, analytics, and mobile computing. >>>

Hacker News
() Comments

Netflix Struggling With Market Saturation

Posted on Tuesday, Jul 19th 2016

3158191012_5f22cb3f57_z

Five years ago, Netflix (Nasdaq: NFLX) announced plans to increase its subscription cost and the announcement had backfired. The stock tanked, subscribers fled and the company had to recall its decision. For the last two years now, the company has been gradually increasing its prices again. New subscribers are being added at a higher cost subscription and grandfathered rates are finally going away. But the market is still not happy.

>>>

Hacker News
() Comments

Billion Dollar Unicorns: Unity Technologies a Strong VR Gaming Bet

Posted on Tuesday, Jul 19th 2016

4267327909_06db8899e7_z

According to Gartner, the worldwide video game market, which includes video game console hardware and software, online, mobile and PC games, is projected to reach $128 billion by 2017. US video game companies recorded revenues of $23.5 billion in 2015 with software sales increasing 7% to $16.5 billion. Unity Technologies is the most recent entry to the Billion Dollar Unicorn Club from this market. >>>

Hacker News
() Comments

Flipboard Focuses on Profitability Amidst Rising Competition

Posted on Monday, Jul 18th 2016

4859192135_6de5162d9b_z

According to ZenithOptimedia, the global ad expenditure will reach $579 billion by the end of 2016. Internet advertising is one of the fastest growing advertising media: it has risen from 6% share in 2005 to 29.5% share in 2015 and is expected to attract 37.6% of global ad spend by 2018. This comes at the expense of print media. Newspapers’ share of global spend has fallen from 29% to 13%, while magazines’ has fallen from 13% to 6% and by 2018 newspapers and magazines are expected to end with 10% and 5% market share, respectively. >>>

Hacker News
() Comments

2016 IPO Prospects: Glassdoor Gearing up to go Public

Posted on Friday, Jul 15th 2016

3340589299_a8a6d3bfe5_z

Referring to online reviews is no longer restricted to restaurant booking, hairstylists, or your neighborhood dog walker. More and more people are using job review sites like Glassdoor.com to review their next new job. Little wonder then that the increasing traffic has helped drive valuations upwards as the company gets ready to go public.

>>>

Hacker News
() Comments