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.
Although Oracle whiffed on its fourth quarter , missing expectations on both revenue and profits in the quarter that is traditionally its strongest, Oracle's management was upbeat, almost deliriously so. "We are delighted with this quarter," one of Oracle's CEOs, Safra Catz said on a quarterly conference call with analysts.
The return of a founder to a company is a well-worn story line in Silicon Valley, Mike Isaac reports.In Apple’s darkest hour, Steve Jobs came back, eventually turning the computer maker into the world’s most valuable corporation. In April, Mark Pincus stepped back into the chief executive role at Zynga.
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.
Google and Facebook are eating their lunch. Google and Facebook are building and buying their own ad tech. It's extremely difficult to compete with companies of that scale. Not least when they build up "walled gardens" and attempt to own every area of the ad tech stack, from buy-side to sell-side, essentially offering advertisers a one-stop-shop for all their needs.
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.
OTT DEVICES DRIVE DIGITAL VIDEO STREAMS FOR HULU: While mobile devices are driving a significant uptick in digital video consumption in the US, OTT devices like smart TVs, connected devices, and gaming consoles are driving long-form premium content, according to a new report from Hulu.
Videotron's subscriber base surpassed the 700,000 mark in Q2 2015. Videotron Q2 2015: Revenue Up 44%, Subscriber Base Reaches 700,000 is a post from: iPhone in Canada Blog - Canada's #1 iPhone Resource
Facebook is now so thoroughly a mobile service that its original website may soon become a footnote in the company’s financial statements, Vindu Goel reports.The world’s largest social network reported on Wednesday that almost three-quarters of its advertising revenue and most of its 1.44 billion users came from cellphones and other mobile devices in the first quarter of the year.
Larry Page and Sergey Brin meet Warren Buffett and Charlie Munger as the Berkshire Hathaway of the Internet emerges for a multi-year stock run, in our view. Today, Google announced plans to create a new public holding company, Alphabet Inc., which will provide reporting for the core Google business as well as its smaller, more speculative segments separately.
As technology giants like Google and Facebook slug it out over the $40 billion global market for mobile advertising, smaller players like InMobi have to stay nimble to avoid being trampled in the fight.So far, InMobi, which is based in Bangalore, India, has managed to thrive, building an ad-targeting platform that it says reaches more than one billion mobile devices worldwide.
Business Insider's Insider Picks team writes about stuff we think you'll like. And full disclosure: Business Insider has affiliate partnerships so we may get a share of the revenue from your purchase. The final details about the Apple Watch were officially released on Monday . The Apple Watch — just like the iPhone and iPad — will have apps on it.
Business Insider's Insider Picks team writes about stuff we think you'll like. And full disclosure: Business Insider has affiliate partnerships so we may get a share of the revenue from your purchase. Imagine a portable charger that's no bigger than an old iPod nano. Well, great news: it exists.
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships so we may get a share of the revenue from your purchase. The "Bobine" is the coolest iPhone accessory out there. This gadget is a two-in-one charger and docking station for your iPhone.
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships so we may get a share of the revenue from your purchase. This is the perfect entry-level drone. The Dromida Ominus UAV Quadcopter RTF drone has a sturdy frame and advanced stabilization, which is great for beginners. The drone is capable of flips, rolls, and twists at the touch of a button.
The big question surrounding the Apple Watch is how well it's selling, but Apple isn't saying just yet. Without concrete numbers, we're forced to turn to various projections -- and one of the more reliable sources says that Apple's first wearable is doing well. According to IDC, Apple shipped 3.
The Guardian's director of commercial operations, Juliet Scott-Crowford, revealed on Thursday for the first time ever the number of people that have joined the "Membership" scheme it launched in September last year.