Barely three months after being spun off Expedia, TripAdvisor is already finding times are tough without big brother watching over you. The recommendations service that attracts 50 million unique visitors every month and operates in 30 countries in 21 languages has just reported less than impressive earnings on an overall pessimistic outlook.
TripAdvisor registered 2011 revenue of $637 million, a 31 percent jump over the previous year, and net income of $177 million, a 28 percent increase. This …
Mozilla has just launched its roadmap for 2012 and one of the big issues in it is the Mozilla App Store that is soon to be launched. The Mozilla Roadmap, which itemises issues the organization will focus on, highlights the issues that Mozilla will be laying emphasis on going forward.
The Mozilla Apps 2012 Roadmap is one of these issues and targets a number of significant issues that Mozilla plans to target in the year. This includes “dismantling” the closed app store ecosystems …
Oracle has announced its acquisition of Taleo, a talent management system, for $1.9 billion. The acquisition announcement, which was followed up by a statement on the Taleo investor relations page, puts big data in talent management front and centre for Oracle in what has now come to be known as the cloud economy.
Taleo is viewed by many as the most comprehensive and robust database of individuals in the world for purposes of talent management. According to Taleo, talent is no longer owned by …
LinkedIn has had a remarkable year and their numbers show it. The company, which sold its shares to the public last May, saw their shares surge almost 10% in extended trading yesterday to end the day at $83.75, up from $76.39 earlier on in the day. This spike came after LinkedIn announced their earning numbers for the year ended December 2011.
The company enjoyed fourth quarter revenue of $167.7 million, well above the 159.8 million average analysts had estimated. This increase in revenues is …
Sprint have a lot to be happy about this year because the company’s earnings call has come with a bunch of great news, not just good news. For the third largest carrier in the US, having it out with the big boys was never going to be easy but slow and steady seems to be just about right a formula for Sprint.
The company reported the best ARPU (Average Return Per Unit) in the industry coming in at $3.69, a number that many of the bigger carriers will be green with envy over owing to the …
Amazon have announced their licensing agreement with Viacom that will bring over 15,000 movies and TV shows to Amazon streaming customers. The deal, which was announced on Amazon’s PR page will see Amazon licensed to stream content from Viacom’s inventory of channels including MTV, Comedy Central, Nickelodeon, TV Land, Spike, VH1, BET, CMT and Logo.
The deal puts Amazon square in the race of content streaming domination beside Netflix, who are currently the dominant player in …
Groupon have announced that they sustained a loss over the financial year ending December 2011. The earning calls, made by Groupon CEO Andrew Mason and CFO Jason Childs, indicated that over the last quarter, Groupon had incurred a loss of $43 million even though overall revenues shot up by an impressive 194% from $172.2 million in 2010 to current levels of $506.5 million over the last year.
This revenue increase is attributable to the fact that Groupon has been working hard to diversify its …
Finding out what a company is like from the outside-in is difficult and complicated. From issues to do with confidentiality to getting in trouble with employers to lawsuits, no one wants to talk about their workplace while they work there. And what’s worse, for someone job hunting and applying to get into the company, this predicament becomes worse as you are unable to make an honest and fully informed assessment of the job.
Think co-worker personalities, reward systems, who gets credit …
The Annual Greenpeace Cool IT report is out and top on the list of greenest companies is Google. Using a scoring method that measures technology, energy consumption and political advocacy, the largest IT companies in the world were ranked independently and scored against a score card.
In this year’s report, Google managed to score an overall 53 out of 100 with tech companies Cisco, Ericsson, and Fujitsu scoring 49, 48 and 48 respectively. Other tech companies that did not fare so well …
DVD rental giant Redbox has announced that it will be entering into a joint venture with Verizon to offer a new movie streaming service to both their existing customers as well as the general public.
Redbox, best known for their near-ubiquitous red DVD rental kiosks strewn all over the US, will be entering the deal as a minority shareholder in the deal as Verizon take up 65% of the stake in the project.
Redbox have been banking on DVD rentals but seem to have come around to realizing streaming …







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