While services like Google Wallet are focused on helping consumers use their smart phones to make payments, there is another big player who has created a smart tool focused on the needs of businesses. Founded in 2009 by Twitter co-founder, Jack Dorsey and James McKelvey, Square was initially founded to provide a solution, especially for small
Semiconductor IP players like ARM Holdings (NASDAQ:ARMH) and InterDigital (NASDAQ:IDCC) have benefitted immensely from the booming sales of smartphones. ARM dominates the mobile computing space and has sets its sights on Intel’s (NASDAQ:INTC) domain of traditional computing. InterDigital, which has about 1,300 patents in cellular technology, recently announced that it is considering strategic alternatives, including
There doesn’t seem to be much stopping IBM’s performance. Since the beginning of the year, the company has been setting year-high records for their stock price. Their recent quarterly results continued to beat the market expectations and were driven by their strategy of focusing on higher-margin businesses including software and services. There couldn’t have been
Netflix’s rapid growth finally seems to have slowed. In the latest quarterly results declared earlier this week, the company announced disappointing growth in the number of subscribers. Subscribers in the U.S. to Netflix’s DVD and streaming services grew by a relatively smaller number of 1.96 million to 24.6 million users, compared with the 3.6 million
According to comScore, e-commerce spending excluding travel grew 12% over the year in the first quarter to $38 billion. Growth continued this quarter, e-commerce spending for May coming in at $12.3 billion, recording growth of 12% over the year. E-commerce player eBay’s quarterly results reflect the industry’s sentiment.
Unlike the results documented in recent quarterly reports by tech giants such as Google and Apple, which shattered market expectations, Yahoo’s results continued to disappoint. Not only has their stock taken a beating, but the falling market standing and the Alipay mess begs the question, When will CEO Carol Bartz figure out a clear strategy? Although
Apple shipped its first iOS device, the iPhone, in the summer of 2007 and has not stopped since. Within a quarter, they sold over one million units. By July 2010, the company had reported sales of iOS devices to have crossed 100 million units sold, and this January, they reported sales of 160 million units.
According to a recently published Neilsen report, global advertising spending among traditional media rose 8.8% over the year in the first quarter of this year to $118 billion. Growth was driven by TV ad spending and emerging markets. During the first quarter, TV ad spending increased 12% over the year and now contributes a 65.3%