Latest news on ‘Multimedia’
-
Groupon Opens Up 40%
Wall St Journal – Daily deals site Groupon Inc. opened at $28 a share on the Nasdaq, up 40% from its initial public offering price of $20.
Shares were recently changing [...] -
SecondMarket raises $15 million from former Facebook exec
CNN Money – Alternative investing marketplace SecondMarket has raised $15 million — the latest sign of the healthy demand for private tech companies.
SecondMarket raised the money from The Social+Capital Partnership, [...] -
Warner Bros. delivers for Time Warner in third quarter
LA Times – Harry Potter went out with a bang.
Time Warner Inc. said Wednesday it had third-quarter profits of $822 million, a 57% increase compared with the same period a [...] -
News Corp. shrugs off tabloid scandal
NEW YORK (CNNMoney) – News Corp., the embattled media empire that has been rocked by recent phone-hacking allegations, has at least managed to keep its finances intact.
And on a conference [...] -
Facebook IPO Valuation Could Top $100 Billion: Sources
CNBC – The social networking giant Facebook will likely go public in the first quarter of 2012, with a valuation that could top $100 billion, according to people familiar with [...]
-
Google launches trial of tap-to-pay phone system
NEW YORK (AP) – Google Inc. launched its bid to dominate a world where the smartphone has replaced the wallet as the container for credit cards, coupons and receipts.
It’s a [...] -
Apple overtakes Google as top brand: study
SAN FRANCISCO (MarketWatch) — Apple Inc. moved up to the top spot in a global ranking of brand value this year, replacing Google Inc., which has become Apple’s arch-rival in [...]
-
Salesforce.com seeks social media edge with Radian6 buy
Reuters – Salesforce.com’s $326 million purchase of privately held Radian6 will allow the cloud-based software maker help its clients track customer trends on social media sites such as Facebook and [...]
-
Comcast, Cablevision Send Mixed Signals On Pay-TV Market
NEW YORK (Dow Jones)–Comcast Corp. (CMCSA) and Cablevision Systems Corp. (CVC) reported higher fourth-quarter profits and boosted their capital returns to shareholders, but the two cable giants sent mixed signals [...]
-
Amazon to Buy Remaining Shares of Lovefilm to Compete with Netflix Online
Bloomberg – Amazon.com Inc., the largest online retailer, agreed to buy the remaining shares of Lovefilm International Ltd., a U.K.-based DVD and Internet film-rental service, to compete with rivals such [...]
