The co-founds of Google, Larry Page and Sergey Brin, have filed documents with Securities and Exchange Commission revealing a “diversification” sale of their stock valued roughly at $5.5 billion dollars over the next 5 years. This sale will ultimately cut the founders voting power in the Google from 50% to 48%. Is this decision telling […]
Tag: stock
Back in June, Google announced live streaming of news on Google Finance. This “live” financial news stream is located on their market news page of Google Finance, and it’s suppose to run from 8am to 5pm EST, Monday through Friday. Today, Google wrote an article about the value of real time financial news and how […]
News Corps Quest For Paid Content The issue of paid content vs. free content is growing more relevance and traction. Today, News Corp. (NWS) CEO Rupert Murdoch said the company will eventually remove stories from Google’s (GOOG) search index as a way to encourage people to pay for content online, according to a story in the Guardian, which apparently was […]
Searching for “investment help” If there’s one indicator that can help you determine where things are moving in the future, then search is it. In my opinion, search is one of the best leading indicators of “things to come”. And when it comes to the economy, search can tell us a lot about where the […]
The New NASDAQ Community The integration of social networks throughout the web is unprecedented. Everything on the Internet is turning to a social platform where communities come together. And now NASDAQ, the world’s largest exchange company, has launched its own social networking site called NASDAQ Community, and it’s obviously aimed at people in the financial […]
Google reported third quarter revenue numbers yesterday to Wall Street. They said net income for the quarter, which ended in September, rose to $1.64 billion, or $5.13 a share, from $1.29 billion, or $4.06 a share, in the same period last year.
Cisco [CSCO 23.98] announced today that it will pay $35 per share – or or $2.9 Billion – for the wireless Internet and networking company Starent [STAR 34.41]. Shares on the news of the acquisition have caused both stocks to rise in early morning trading on Tuesday. Cisco is positioning itself for what it sees […]