Tag archives for revenue

Exclusive: In Yet Another Internal Hire, Yahoo’s Mayer Makes Mann Search Head

Longtime Yahoo techie Laurence “Laurie” Mann, who has recently been SVP of engineering operations at the Silicon Valley Internet giant, has been given the new job of heading its search efforts, according to sources inside the company. The appointment by CEO Marissa Mayer, also announced in an internal memo last week, ...

Alibaba Group Names Lu as CEO to Replace Ma

Alibaba Group said it had selected Jonathan Lu Zhaoxi to replace its co-founder and CEO Jack Ma, starting on May 10. Ma, who is only 48 years old, will remain executive chairman, and will be involved in the Chinese Internet e-commerce giant’s business strategy and management development. Alibaba has seen ...

Loose Lips: Yahoo M&A Head Told Employees Company Looking at Two “Significant” and a Half-Dozen Small Buys

Lost in the sauce of the national work-from-home debate of last week that engulfed all things Yahoo, was a fascinating tidbit that several employees passed on to me from a recent Friday FYI meeting at its Silicon Valley HQ. At the gathering, CEO Marissa Mayer talked briefly about the new telecommuting ...

Twitter Untangles Its Overgrown Org Chart

Twitter isn’t such a little bird anymore. The company has ballooned in a short time, adding more than 1,000 employees to its ranks in the span of just one year. And like any company going through a growth spurt, Twitter’s organizational structure has become complicated. The company has tried breaking into multiple ...

HDD revenue to fall 11.8% in 2013, WD may bump Seagate for topspot

Industry analyst IHS iSuppli expects revenue generated by sales of mechanical hard drives to slip by 11.8 percent during 2013. HDD sales in 2012 grossed a healthy $37.1 billion during 2012, but a speculative 11.8 percent drop could whittle that figure to roughly $32.6 billion. Revenue is expected to remain ...

Demand Media Says It Wants to Split in Two — Spinning Off Domain Registrar Business From Media Unit

Demand Media said today that it planned to split its company in two parts, spinning off its domain registrar business from its media one in a bid to better clarify the company to investors. Since it went public several years ago, there has been some level of difficulty for each ...

Wall Street Decides It Likes Facebook, Anyway (For Now!)

First look at Facebook Q4 earnings: Revenue of $1.59 billion and earnings of 17 cents per share. The Street was expecting around $1.52 billion and 15 cents a share. Shares immediately headed down, so presumably investors wanted a bigger beat. They’ve dipped as low as 7 percent. And now, about 25 ...

Foursquare Opens Up Check-In Deals to More Kinds of Plastic

Aiming to beef up one of its longstanding revenue streams, Foursquare announced on Tuesday that it will now accept Visa, Mastercard and debit cards in conjunction with its check-in deals program, an initiative previously open only to a smaller group of cardholders. The program builds on Foursquare’s partnership with American ...

Twitter Untangles Its Overgrown Org Chart

Twitter isn’t such a little bird anymore. The company has ballooned in a short time, adding more than 1,000 employees to its ranks in the span of just one year. And like any company going through a growth spurt, Twitter’s organizational structure has become complicated. The company has tried breaking into multiple ...

When Mayer Called Yahoo’s Mobile Revenue “Nascent,” She Wasn’t Kidding (And Here’s the Actual Number She Left Out)

On Yahoo’s recent fourth-quarter earnings call, CEO Marissa Mayer called the company’s mobile efforts a “nascent source of revenue,” a theme she reiterated in her appearance earlier this week at a Goldman Sachs investment conference in San Francisco. There, she said that the company was going to cut down on its ...