Facebook’s Desktop Ad Revenue Grew Only $69M In Q2, Mobile Rev To Outpace Desktop By EOY 2013

Facebook stunned yesterday with its report that mobile advertising represented 41 percent of its total ad revenue in the second quarter of 2013. In the first quarter of 2013, it totaled a then-hailed 30 percent, bumping that key ratio by more than a third in just a fourth of a year. On a dollar basis, … Continue reading

AOL Q3 Beats Estimates On Sales Of $561M But Net Income Weighed Down By $25M Patch Restructuring

AOL (owner of TechCrunch) today reported its Q3 earnings with a 6% rise in revenues over a year ago to $561 million, led by growth in its advertising business, specifically around the premium ad formats like video that AOL is pushing as a counterbalance to the dominance that Google has in other formats like search. … Continue reading

Personalized Financial Planning Service LearnVest Raises $16.5M From Accel, American Express And Others

LearnVest, a personalized financial planning program, has raised $16.5 million in strategic funding from existing investor Accel Partners, and new investors: American Express Ventures; Claritas Capital; Ed Mathias, founding member of The Carlyle Group; and Todd Ruppert, Former CEO & President of T. Rowe Price Global Investment Services. This brings the startup’s total funding to … Continue reading

After Losing Nearly Half Its Users In A Year, Investors Dock Zynga’s Valuation By $400 Million

It is not a good day to be Zynga, or one of its investors if you held stock in the firm yesterday. Following a decidedly negative earnings report, investors have unloaded the firm’s shares, sending them down around 15 percent in regular trading. That loss comes after Zynga’s stock price rose in the wake of … Continue reading

Zenefits Lands $2.1M From Venrock, Maverick, Aaron Levie, Charlie Cheever And More To Automate Startup HR

For small businesses, managing health insurance and payroll services can be a huge pain and time-sink. They probably don’t have someone on staff dedicated to these issues, and they themselves would rather be dedicating that energy to building a company. Zenefits launched out of Y Combinator this winter to remove the friction of setting up … Continue reading

Michael Dell Vows To Stay At Dell Regardless Of The Outcome Of His Offer To Take The Firm Private

After promising to sell his shares at a discount and increasing the price of his offer, Michael Dell, founder of Dell, has today vowed to stay at the firm regardless of the success of his bid to take the company private. This is not a surprise, given that Dell owns a large equity stake in … Continue reading

Cheapest Apple shares in 12 years signals ‘Buy’ to some of world’s biggest investors

“The cheapest Apple Inc. shares in 12 years are encouraging some of the world’s biggest investors to bet that the stock will rebound after losing 33 percent of its value on concern about slowing profit growth,” Lu Wang and Leslie Picker report for Bloomberg News. “The world’s largest company by market value is trading at … Continue reading

Apple’s earnings expectations have no basis in reality

“Apple (AAPL) reported earnings last month and although record revenue and profits were seen, shares were punished, falling almost $64 in one day to settle in the $450 area they still trade in today,” Josh Arnold writes for Seeking Alpha. “So why did market participants punish Apple shares so harshly? Disappointing guidance was the culprit. … Continue reading

One more culprit behind Apple’s sell-off

“Over the past several months, much Foolish ink has been spilled over why Apple has had such a monstrous pullback from its all-time highs set on the same day that the iPhone 5 launched,” Evan Niu writes for The Motley Fool. “Inevitably the sell-off is tied to everything from perceived iPhone 5 shortages (which are … Continue reading

Wall Street prices Apple for no growth

“Apple AAPL shareholders probably aren’t too happy with how the stock has performed over the past few months. After hitting an all time high of just over $700 per share in September it began a downward descent which continues today, most recently trading at $528.38, a decline of about 25%,” Bargain Bin Investing writes via … Continue reading