How’s this for a happy Thanksgiving present? Groupon’s stock price sank Wednesday to the lowest point since its initial public offering earlier this month, closing at $16.96 a share, well below its $20 IPO share price — sparking pre-holiday buzz (and Schadenfreude) in tech and finance… Read More »
Archive for November 2011
Fans of All My Children and One Life to Live got a dose of bad news today, as Prospect Park is abandoning plans to bring those shows back to life online. The news comes as the production company was unable to make such a plan profitable. Read More »
Just three weeks after lowering sales and revenue expectations, HTC has reduced guidance again, and not by just a little. The holiday season in a growing market should bring about increased sales, not lower figures. So what’s the problem with HTC, and what can it do? Read More »
Verizon dodged a bullet on Tuesday when the FCC denounced AT&T-Mo. No conditional approval means no new regulations to haunt Verizon’s own consolidation plans in the future. Now Verizon needs its archival AT&T to throw in the towel before it can do any more damage. Read More »
Infochimps, the two-year-old company that runs a “data marketplace” where owners of datasets can charge for their usage, is swapping CEOs. Co-founder Nick Ducoff has stepped down from the CEO role, and the company is looking for a “seasoned executive” to take his place. Read More »
There are now plenty of iPod nano wristband accessories out there to choose from. But a new one from Kickstarter record-breaker Scott Wilson’s Mnml design studio does a remarkable job of standing out from the crowd, thanks to attention to detail you won’t find in competitors. Read More »
Enphase Energy wants to raise money from the public market, but given how much the IPO market sucks these days, the solar power conversion gear company is turning to private investors. The company has raised $21.86 million from a fundraising goal of $81.86 million. Read More »
The web has been abuzz with speculations about a mystery Spotify event next week, with many arguing the service will launch a download store. But given its recent growth spurred by Facebook, I’d argue a web-based player would make more sense. Read More »
Three-and-a-half years after Microsoft proposed a $44 billion takeover of Yahoo, the software giant will take another look at Yahoo’s financials. Since then, Yahoo’s stock price has been cut in half. But does a cheaper Yahoo mean a better value for Microsoft? Read More »
Apple and Microsoft are reportedly poised to support NFC next year in their handsets, according to a report from Digitimes. Apple’s support of NFC could be especially helpful for the nascent technology, helping expose it to a mainstream audience. Read More »
Winnie the Pooh, Cars, Alice in Wonderland and other Disney and Pixar movies are coming to YouTube, thanks to a new partnership between the mouse-eared Hollywood heavyweight and Google’s video site. Movies will be available for rent through YouTube’s premium content section. Read More »
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