Among those debating the value of Groupon as it filed for its hotly-awaited initial public offering were two startup entrepreneurs — 37signals partner David Heinemeier Hansson, who argued it is doomed to fail, and SimpleGeo founder Joe Stump, who looked on the bright side. Read More »
Tech
Stock traders and hedge funds can’t predict the future yet, but they are doing their best to come as close as possible, and that involves crunching every bit of data they can get their hands on — up to and including that tweet you just posted. Read More »
The major stock markets’ massive plunge on Thursday rattled investors, obliterating almost a trillion dollars in value at one point. But did it get the attention of the Silicon Valley bulls waiting for their favorite startups to IPO? Or will they dismiss it as a glitch? Read More »
While the recession had many predicting the IPO market would be largely non-existent in 2009, several new tech stocks listed on public markets during April and now in May. The companies squeaking out of the IPO queue, however, are mature, profitable and cash-rich. Their proceeds … Read More »
A provocative story from Reuters Monday ruminated on which companies are likely to replace Citigroup and General Motors in the Dow Jones Industrial Average. Its conclusion: Google and Cisco are the most likely contenders, with Apple and Visa as less likely candidates. It’s a safe bet … Read More »
As we continue to slide into a dire economic correction, a silver lining is starting to emerge around the dot-com crash. By pushing a lot of froth out of the system several years ago, it has spared us from a true “Perfect Storm” of an economic … Read More »
After Monday, the belief that Silicon Valley is going to remain immune from the Wall Street fallout is gone. While some tech companies had been saying they weren’t worried that the credit crunch would hurt them, I don’t believe them. Read More »
Microsoft is changing the way it does business and is opening up, according to a long elaborate press release the company issued this morning. I am reading through it and will try and make sense of it all. At first blush looks like the leopard … Read More »
Ever since Google’s stock-withering earnings report, I’ve had the Flaming Lips’ “Waiting for a Superman” stuck in my head. Things are indeed getting heavy, and everyone was waiting for Google to lift the sun into the sky. That didn’t happen, and Google’s stock was … Read More »
Stock markets around the world are tumbling, with the Dow staying firmly in negative territory even in the face of an emergency interest-rate cut. And ready or not, the parade of technology earnings is on its way as well. A handful of tech bellwethers have already … Read More »
I’ve taken seven of the more interesting stocks of 2007 — all stocks that inspired a good deal of passionate discussion and, for the most part, a good deal of capital gains — and ranked them according to how I think they’ll perform in 2008. Take … Read More »
The good news for Palm is that it met its second-quarter numbers Tuesday afternoon. OK, it met the estimates it made only a couple of weeks ago, which were substantially lower than its earlier guidance. That revision sent Palm’s stock tumbling 19 percent in less … Read More »