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Groupon Reports Quarterly Loss in First Public Earnings Release
Groupon, the Web 2.0 company that pioneered a new way for customers to get discounts on products and services, reported a net loss of $42.7 million for Q4 2011 in their first earnings release
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Tipping Point – Smart Phone Shipments Top PCs
For this past year, for the first time, smartphone shipments were greater than PCs. There was a 62.7% increase from 2010 totaling 487.7 million units shipped in 2011 while only 414.6 million PC units
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Zynga Shares Soar on Facebook IPO News
Zynga, the social network game developer behind mega hits like Farmville, Mafia Wars, and Zynga Poker, has seen its shares soar 15% in trading today in response to Facebook’s IPO filing yesterday. Zynga’s success
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Facebook Files for $5 Billion IPO
It may have come after the closing bell, but yesterday’s reports were correct – Facebook has officially submitted paperwork with the Securities and Exchange Commission for an IPO in hopes of raising at least
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Facebook to File $5 Billion IPO on Wednesday
Facebook will file for a $5 billion IPO on Wednesday morning, according to a breaking news report from CNBC. It appears that last Friday’s reports of an expected Facebook IPO this week were indeed
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Angry Birds on Facebook this Valentine’s Day, Could it be the Largest Facebook Event Ever?
Rovio has announced that from 6-9 pm on February 14th, Angry Birds and Facebook will be going on their very first date. The news was released through a trailer (below) and suggests that the most
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Facebook Plans To File An IPO Next Week
Facebook is planning next week to file with the SEC for their long-awaited IPO, according to a report from Mashable. Assuming the report is accurate, a Facebook IPO would be the biggest among the
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Apple’s Profit Doubles, Surpassing Wall Street Estimates
Apple had a pretty great day today as they announced their earnings for the fourth quarter. Wall Street had been cautious in their estimates of Apple’s potential for the end of 2011. After all,
Read More »Blackberry maker RIM’s Co-CEOs Reign of error at an end as investors get their wish
The maker of the once ubiquitous BlackBerry— Research In Motion, has just announced that it is getting a change in leadership. The once-iconic company had been led by co-founder Mike Lazaridis and early investor
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Anonymous Retaliates to Megauploads Takedown and Arrests, Shuts Down DOJ, FBI, Universal Music, MPAA and RIAA Websites
Only minutes after the U.S. Department of Justice repossessed the domains of Megauploads and its affiliate sites on Wednesday, the hacker collective knows as Anonymous quickly declared their intent to retaliate. As one Anonymous
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