Google Inc. plans to unveil a $199 tablet co-branded with Taiwan’s Asustek Computer Inc. at its developers conference this week, taking direct aim at Apple Inc.’s iPad, according to two people familiar with the matter.
OpenTable Inc., the restaurant- reservation service that went public during the worst of the recession and saw its market value triple by the end of 2010, is reeling as investors lose their appetite for the stock.
Groupon Inc. said Daniel Henry, the finance chief of American Express Co., and Robert Bass, a vice chairman of Deloitte LLP, will become directors, underscoring efforts to shore up investors’ confidence in its accounting.
Yahoo! Inc., the most-visited U.S. Web portal, reported revenue that missed estimates as marketers favored competing sites and a sales-team shakeup made it harder to clinch advertising orders. Shares fell in late trading.
Yahoo! Inc., a month after hiring Scott Thompson as chief executive officer, added two directors and announced the departure of Chairman Roy Bostock and three others in a board shakeup aimed at spurring a turnaround.
AOL Inc. had a record decline in New York trading after reducing its annual earnings forecast, raising concerns that the company may not be able to turn itself around following the 2009 spinoff from Time Warner Inc.