Facebook Inc. investors who pushed the company’s shares to a record after it unveiled the $19 billion deal for WhatsApp Inc. would be well served to remember -- every Internet takeover of more than $10 billion has flopped.
Oct. 12 (Bloomberg) -- Eric Jackson, founder of Ironfire Capital LLC, talks about Yahoo Inc.'s third-quarter earnings and outlook, and the future of Microsoft Corp. The biggest U.S. Web portal reported profit and sales that beat estimates. Jackson speaks with Trish Regan and Cory Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Twitter Inc.’s user growth is slowing and it shows no sign of turning a profit. Some fund managers say that’s not going to stop the microblogging service’s $12.8 billion valuation from treading higher. Much higher.
Research In Motion Ltd.’s short interest has touched a record high, a sign investors are anticipating disappointing earnings as the wait for a new lineup of BlackBerry smartphones takes as long as six months.