Amazon.com Inc.’s profit margins, already at a five-year low last quarter, are set to narrow next year as the world’s largest online retailer sells its new tablet computer for half the price of the iPad.
July 26 (Bloomberg) -- Ben Schachter, a senior analyst at Macquarie Securities, talks with Bloomberg's Sara Eisen about Zynga's disappointing earnings and its impact on Facebook. Jon Erlichman also speaks. They speak on Bloomberg Television's "Money Moves." (Source: Bloomberg)
Yahoo! Inc. said Chief Executive Officer Scott Thompson stepped down after failing to correct errors in his credentials and the company revamped its board, handing a victory to activist investor Daniel Loeb, who pushed for the overhaul and said the Web portal is mismanaged.
Yahoo! Inc. said Chief Executive Officer Scott Thompson stepped down after failing to correct errors in his credentials and the company is revamping its board, handing a victory to activist investor Daniel Loeb, who pushed for the overhaul and said the Web portal is mismanaged.
Activision Blizzard Inc., the largest U.S. video-game maker, rose the most since late 2008 after fourth-quarter net income beat analysts’ estimates amid gains from the latest “Skylanders” and “Call of Duty” titles.
Google Inc.’s challenge to Facebook Inc. in social networking, an effort analysts said will cost more than $200 million, probably slowed second-quarter profit growth for the world’s largest Web search engine.
Bloomberg's Mark Crumpton reports on this week's most notable newsmakers including Nomura Securities' David Resler, University of Michigan Business School's Gerald Meyers, Brandeis University International Business School's Catherine Mann and Daiwa Capital Markets' David Moran. (Source: Bloomberg)
The U.S. Federal Trade Commission subpoenaed Apple Inc. as part of its antitrust probe of Google Inc., seeking information on how the computer maker incorporates the search engine on the iPhone and iPad, two people familiar with the matter said.