Yahoo's 1Q earnings surge while revenue sags
Yahoo's Internet advertising revenue crumbled further during the first three months of the year and overshadowed a surge in the company's earnings.The results released Tuesday seemed to dim some of the aura surrounding Yahoo CEO Marissa Mayer, who was lured away from a top job at Google Inc. nine months ago to engineer a turnaround at a company that has been struggling for years.There have been si...
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google
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marissa mayer
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Found 1 month ago on channel
MSNBC
SEC Gives Companies OK to Use Social Media
WASHINGTON — The Securities and Exchange Commission will allow public companies to make significant announcements on Facebook, Twitter and other social media sites provided they alert investors which sites they intend to use. The decision announced Tuesday allows companies to use social media in place of more formal websites. The question arose after Netflix Inc. CEO Reed Hastings said on his Facebook page in July that subscribers together watched more than 1 billion hours of video for the first time during June, the agency said. (MORE: How the Great Recession Changed Our Spending Habits) An SEC rule requires that all investors receive significant company information at the same time. By allowing businesses to use more informal channels to share news with investors, the SEC is acknowledging the shift in technology that has made social media indispensable for the largest and most powerful corporations. One key requirement is that companies alert investors in press releases or regulatory ...
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Smart Power
As environmental policy, improving energy efficiency isn’t just a no-brainer; it’s a no-loser. By limiting wasted energy, we reduce the number of power plants we need–along with their resulting pollution–and we save money. Cutting energy waste is first and foremost a data challenge. You can’t cut waste until you know what you’re wasting, and most of us have only the slightest idea. Standard electricity meters take one reading for an entire month. Imagine trying to diet if all you knew was the total amount of food you ate every four weeks. Says Bennett Fisher, CEO of the building-efficiency start-up Retroficiency: “You need data to make energy saving work.” We’ve got the data, thanks to the growth of smart, Internet-enabled sensors that can read and relay energy use almost in real time. A host of new big-data companies are figuring out how to crunch that information so energy users from huge factories to individual households can track and reduce waste. This combination ...
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FCC Chairman Julius Genachowski Stepping Down After Contentious Term: Reports
Federal Communications Commission Chairman Julius Genachowski will announce on Friday that he is stepping down, according to multiple reports. Genachowski, who became chairman in 2009, has presided over an agency that has grappled with contentious issues like U.S. broadband policy, cable and telecom industry competition, and media consolidation. In seeking to strike a centrist balance, Genachowski managed to displease both public interest groups that have pushed for a more activist FCC on issues like media ownership and Internet openness, as well as industry giants, particularly AT&T, which had proposed buying T-Mobile before the FCC objected. Genachowski’s announcement, which was expected, comes just days after another FCC commissioner, Robert McDowell, announced his plan to leave the agency. Their departures create two vacancies on the commission, which will be filled by candidates nominated by President Obama. The job of FCC chairman is particularly important, because the position ...
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EBay CEO's Total Pay Jumps 80%
EBay gave Chief Executive John Donahoe $29.7 million last year, up 80% from $16.5 million a year earlier, granting him a big bump in stock awards based on the Internet company's continued turnaround.
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