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Groupon Regroups With Q1 Revenue Gains, Mobile Growth
May 09, 2013
Groupon reported a better than expected first quarter thanks to strong North American revenue growth and an uptick in mobile customers. That helped send the daily deal website's stock soaring Wednesday. The company reported revenue of $601.4 million, an 8 percent jump from the $559.3 million during the same time last year.
Huawei Founder Speaks
May 09, 2013
Ren Zhengfei, the founder and CEO of Huawei Technologies, spoke to the media for the first time on Thursday. Ren, formerly a member of the Chinese military, has been the focal point of Western skepticism toward Huawei -- which resulted in the company being barred from a broadband project in Australia, as well as being labeled as untrustworthy in a U.S. House Intelligence report.
T-Mobile Enjoys Strong but Limited iPhone 5 Q1 Bounce
May 08, 2013
T-Mobile sold approximately 500,000 iPhone 5 handsets since their April 12 launch with the carrier, the company announced Tuesday during its Q1 earnings report. T-Mobile -- the last of the major carriers to offer Apple's smartphone -- attributed those sales to a combination of new and existing customers.
Chinese Authorities Net 11 in Piracy Bust
May 08, 2013
Police in Beijing arrested 11 suspects believed to be involved with a major high-definition downloading ring. The website, silu.com, was running what has been called an "unprecedented" operation. It reportedly boasted more than 400,000 registered members and offered under-the-table downloads for nearly 19,000 films and TV series.
Where Your Social Media Accounts Go When You Die
May 08, 2013
One of my childhood friends, who was also a Facebook friend, died in 2009. Yet I still get messages from Facebook encouraging me to connect with his Facebook page. Has that ever happened to you? Or have you ever sent an email to a colleague, only to learn from other sources that the person is deceased? What happens to their digital content?
US Senate Gives States an Internet Tax Collector
May 07, 2013
The U.S. Senate on Monday voted 69-27 to pass the Marketplace Fairness Act, a measure that gives states the tools necessary to collect sales taxes from online retailers that do business in their states but don't have a physical presence there. The bill, lauded in some quarters and decried in others, is now heading to the House of Representatives, specifically the House Judiciary Committee.
Adobe Crowds Its Cloud, Says Buh-Bye to Boxed Software
May 07, 2013
Adobe announced major changes to its business model this week and revealed that from now on, it will sell its software via a monthly subscription plan and forgo boxed software and perpetual licenses. The maker of popular creative software such as Photoshop and InDesign unveiled the new policy at its MAX conference this week.
Taiwanese University Sues Apple... Again
May 07, 2013
National Cheng Kung University may not have a fight song -- but it is definitely willing to fight. For the second time in a year, the Taiwanese university has sued Apple. The most recent suit is for alleged infringement of the university's patents relating to video compression technology in Apple software such as FaceTime and QuickTime.
EC Objects to Motorola Following Letter of German Law
May 07, 2013
The European Commission has lodged a statement of objections against Motorola Mobility, the first formal step in an antitrust action. The EC is objecting to Motorola's attempt to enforce an injunction it won against Apple in Germany over use of its standard-essential patents. The EC contends that Motorola Mobility is harming consumers with its injunction.
Hacking Software Guru Faces the Music in US Court
May 06, 2013
Hamza Bendelladj, an Algerian national known by his alias "Bx1," appeared in an Atlanta court last week, where he faced a 23-count indictment stemming from his alleged participation in the cybercrime consortium responsible for hacking software known as "SpyEye." Bendelladj, 24, was the target of a three-year manhunt that ended in a Bangkok airport in January.
Both Sides Spin Web Sales Tax Ahead of Senate Vote
May 04, 2013
The U.S. Senate is set to vote Monday on the Marketplace Fairness Act of 2013, which essentially seeks to tax online sales. Supporters and opponents of the Act have turned up the lobbying heat prior to the vote. Arguments have touched on the hot buttons of patriotism, jobs, and the need for a level playing field. Amazon.com, once a fierce opponent, now supports the issue.
LinkedIn's Bright Q1 Dimmed by Weaker Forecast
May 03, 2013
Despite revenue gains that beat expectations for LinkedIn's quarterly earnings report Thursday, investors sent the company's stock falling when the company forecast lower-than-expected guidance. LinkedIn reported revenue of $324.7 million for its most recent quarter, a 72 percent jump from the 188.5 million it brought in a year earlier.
Facebook Revs Its Mobile Ad Engine in Q1
May 02, 2013
Facebook on Wednesday beat analyst expectations for revenue in its first quarter earnings and showed slight growth in the increasingly important mobile advertising space. The world's largest social network reported revenue of $1.46 billion, a 38 percent bump from the same time a year ago. Net income jumped to $219 million, a 6.8 percent increase.
Forgetting Today's Users May Be BlackBerry's Folly
May 02, 2013
BlackBerry, formerly Research In Motion, is under a lot of scrutiny as it pursues its comeback strategy. An interesting question recently came up having to do with that effort: Is BlackBerry so busy focusing on growth and the future that it has forgotten about taking care of customer needs in the present? I'll address this both as a technology industry analyst and a long time BlackBerry fan.
Wall Street Gives New T-Mobile Thumbs-up
May 01, 2013
T-Mobile on Wednesday announced that it had completed its merger with MetroPCS. The new company debuted on the New York Stock Exchange under the ticker "TMUS," ringing in a new start for the No. 4 U.S. mobile carrier. The merger gives T-Mobile an additional 9 million subscribers, for a total of 43 million.
The End of Social Media Marketing's Wild West
May 01, 2013
The FTC recently updated its guidelines for online advertising to address the growth in mobile and social media marketing. Now a paid tweet has to begin with the word "ad," as obvious disclosure now must be included with all commercial speech. Is the link you're tweeting from an employer? A client? You have to mention that. The new rule: If money is changing hands, disclose it.
Sky HDTV Could Make Your Cord-Cutting Decision Easy
April 30, 2013
It's hardly a surprise that cable and satellite television service providers are in trouble. Take decades of complacency, add in mostly awful customer service, mix liberally with resistance to change, and you have an industry heading toward self-inflicted extinction.
Study: Google Trends Doubles as Dow Jones Crystal Ball
April 29, 2013
Data from Google Trends could be useful for predicting the ups and downs of the Dow Jones Industrial Average, according to new research published in Scientific Reports. The new information from study authors Tobias Preis, Suzy Moat and H. Eugene Stanley looked at investing based on certain finance-related trending search terms, and how it could yield much higher returns than the average portfolio.
TV Networks vs. Technology: The Battle Rages On
April 29, 2013
Earlier this month, News Corp. Chief Operating Officer Chase Carey threatened to pull the Fox network off the airwaves and convert it to a pay-TV channel. This came following a court ruling that allowed New York City-based Aereo to allow its subscribers to view over-the-air TV broadcasts.
Amazon Droops Following Profit-Light Q1 Report
April 26, 2013
The market digested the earnings report Amazon released on Thursday, and toward the end of trading Friday it was clear investors were less than pleased, with the company's stock down by about 6.5 percent. Little wonder: Amazon reported that its net income decreased 37 percent to $82 million in the first quarter, compared with $130 million in the first quarter of 2012.

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