Social gaming giant Zynga will not make its public trading debut until after the U.S. Thanksgiving holiday, according to a report by Bloomberg News.
Zynga returned to profitability in its most recent quarter and its revenue rose 80 percent year over year to $307 million. Its monthly players fell from 228 million at the end of June to 227 million at the end of September.
Xiaomi has successfully targeted the low-end of the smartphone market: China’s biggest smartphone maker says it tripled its smartphone sales in 2014, selling more than 61 million phones. CEO Lei Jun says this contributed to more than $12 billion in revenue for the year.
The whole power of this subscription revenue model is that you have a lifetime value of a customer that is very different than the initial annual revenue from the customer and the cost to acquire that customer."There was some other decent news for Box in the updated filing as well. For instance, now 10% of Box's customers pay it for the service, versus only 7% when it first filed.
Box’s long-awaited IPO may finally happen this week. But if you are an investor planning to buy its shares, there’s one thing to understand: it's selling dual-class shares. According to its S1, Box is offering two types of shares in its offering, Class A and Class B.
fourth-quarter earnings that beat expectations, the stock is now down as much as 15% (.djusted earnings per share came in at $0.99 on sales of $633.9 million.Nina Richardson tendered her resignation effective as of February 27, 2015.Units shipped in 2014 rose to 34% to 5.2 million.
Somehow, your phone battery always dies at the most inconvenient moment. But now there's a quarter-sized charger that can save the day and let you send that one last text. The Devotec Fuel Phone charger is the smallest phone charger in the world and gives your phone 20 to 30 minutes of extra talk time when it's about to die.
Revenues totaled $69.6 million, up from $33.5 million for the same period last year.In after hours trade on Tuesday, shares of Lending Club were down as much as 12%.For the fiscal-year 2015, the company forecast revenues in the range of $370 million to $380 million, with adjusted EBITDA expected to total $33 million to $42 million.
Business collaboration app Box saw its shares plunge as much as 17% after hours following its first-ever earnings report on Wednesday. At first, it looked like Box had missed on earnings. Wall Street estimated an non-GAAP loss of $1.17 per share, while Box reported negative $1.65 per share. But it turns out Wall Street analysts counted the wrong number of shares.
Many of the most successful new games companies have rushed to sell shares to the public as soon as they possibly could.But Kabam, a mobile games maker, wants to put off an initial public offering for as long as it can.
Pandora just announced its fourth-quarter earnings, and the stock is down more than 23% after hours on revenues that missed Wall Street estimates. The company reported Q4 revenue of $268 million, lower than the company's expectations of $273 to $278 million. Analysts were expecting about $276 million. Pandora's Q1 2015 revenue guidance also disappointed analysts and investors.
Hewlett-Packard reported earnings this afternoon, and the stock dropped sharply on a weak outlook. So that's a beat. And it reported revenue of $26.8 billion vs. expected revenue of $27.2 billion. That's a miss. Analysts were actually looking for a modest increase in EPS over the year-ago quarter (1 cent) and an almost 3% decline in sales.
In early 2014, a few months before taking his company public, Zendesk CEO Mikkel Svane and his two cofounders, Morten Primdahl and Alexander Aghassipour, went out for drinks in San Francisco.It was the first time in a while that the three cofounders had gotten together after work. They founded Zendesk in Svane’s Copenhagen apartment seven years ago, and the three were close friends.
In China, though, Apple has found success by following one, Brian X Chen reports.For years, Apple rivals like Samsung offered large-screen smartphones. Although the bigger phones sold well in China, Apple held off on releasing a similar model, and the country remained a weak spot. But Apple introduced its own versions last September, and now the sales spigot is wide open.
many of them arewith the site, thanks tos in, LinkedIn users have lots of it.higher than 31% average for the entire web."When Reid Hoffman cofounded LinkedIn in December 2002 , he was breaking a taboo. The social network asked people to share theirrsums with the public. Now, LinkedIn might be the most elite of the social networks. LinkedIn users tend toward white collar and highly educated .
Cheap, mass-produced semiconductors have transformed our world, with smartphones, laptops, sensors and tablets, all connected to big cloud computing systems.Now the business power of that transformation, in particular the size and might of the biggest cloud systems, is in turn affecting the powerhouses of the information age.
One of the best features about Apple's new iPhones is their improved battery life. However, that doesn't mean you won't eventually run out of juice.Portable chargerscanfill in the gap, but are annoying to carry around. Afterburner combines the convenience of an extra battery pack with a case. It provides 150% phone charge in your pocket.
Investors are snatching up shares of Aruba Networks thanks to a report that it's in the final lap of negotiations to be acquired by HP. Aruba is up about 20% Wednesday afternoon. Prior to the gold rush for the stock, Aruba had a market cap of about $2 billion, and now it's about $2.5 billion. Aruba makes equipment for enterprise WiFi networks.
Microsoft 's third-quarter 2015 financial report is in, and overall it shows good things for the company. Not all was stars and sunshine, however, and it suffered in the same area many of it competitors have been feeling the squeeze: PCs.
Lenovo has posted its Q3 2014 earnings, and in it we see some good news tempered by a few hiccups. Revenue for the quarter ending on December 31 saw a 31-percent year-on-year increase, hitting $14.1 billion.