The praise from Wall Street was effusive in the wake of Facebook’s second-quarter earnings report July 23, rushing to boost ratings and raise price targets. The table tilted slightly back the other way Wednesday morning, when analysts at Janney Capital Markets dropped their rating from buy to neutral, warning that investors may not be willing to pay such rich prices for the social network in 2015 and beyond. Janney’s Tony Wible is ...
Amazon.com has been in late-stage talks to acquire video site Twitch, according to two people familiar with the matter, after reports that Google had virtually sealed a deal to acquire the site for $1 billion. Whether a deal has been signed remains unclear, but one person close to the transaction said it could be announced shortly. Spokespeople for Twitch and Amazon did not have an immediate comment. the source
Amazon.com Inc. is gearing up to more directly challenge Google Inc. 's dominance of the online advertising market, developing its own software for placing ads online that could leverage its knowledge of millions of Web shoppers. Initially, Amazon plans to replace those ads on its pages that Google chiefly supplies with a new in-house ad placement platform, said people familiar with the matter. In the future, that system could challenge Google's $50 billion-a-year advertising business and Microsoft ...
Take a look at the following examples since they have been married (they married in 2004): Apple $AAPL (iPhone, iMac, iPad, iTunes, apps, etc.)Starbucks $SBUX (Caramel macchiato)Google $GOOG (Search: computer & phone)Amazon $AMZN (Prime, enough said!)Facebook $FB (Every day)Costco Wholesale $COST (Member since before we were married)Target $TGT (The go-to store)Coach $COH (Several hand bags; even my own business bag)Michael Kors $KORS (Watches & accessories)CVS ...
Everything You Need To Know About Google’s Big Presentation It started out ominously, with a Rube Goldberg-style countdown clock. And…uh…a catapult, I suppose. OK, so it was a marathon. Google announced a bunch of stuff today, but it was a true developers conference. Lots of nerdy, wonky stuff in here. We tried to highlight ...