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Groupon Stock Plunges on Net Loss

Posted by markb on February 9th, 2012

Welcome to the big leagues, Groupon. Shareholders punished the stock in after-hours trading Wednesday after the daily deals site posted a surprise loss for its first quarter as a public company.

Groupon reported a net fourth-quarter loss of $42.7 million, or 8 cents a share, on sales of $506.5 million.

Conventional wisdom says that everything changes once a company goes public. Instead of helming your own ship, you now have to kowtow to the voracious Wall Street masters, ever hunting for bigger and better quarterly earnings. You have to play nice with the press, for fear of bad news leading to a short of your stock.

The title pretty much tells the story. Overall, it brings up the question why great quarters get hated on because of an analyst miss and less than stellar quarters get praised because of an analyst beat, even if very small.

Apple (AAPL) and Netflix (NFLX) have been chummy since last year, but it looks like the chummy relationship might just be about to change for good with the introduction of Apple’s iTV.

Apple Loses Another Patent Battle

Posted by Benzinga on January 5th, 2012

This isn't the way the Mac maker had hoped to kick off the year. Following a media blitz of hype for the iPhone 4S launch in China, it looks as though Apple might conclude the week on a, well, weaker note.

Google Leads Apple in One Key Area

Posted by Benzinga on December 30th, 2011

In what could be described as the umpteenth report from comScore (NASDAQ: SCOR) regarding mobile data, the market research firm has revealed that while the iPhone is very popular, the award for the most successful platform still belongs to none other than Google (NASDAQ: GOOG).

Zynga IPO Pops 10% - Then Sinks

Posted by PersonalTech on December 16th, 2011

Turns out there's billions to be made from FarmVille cows and crops.

Shares of online gaming giant Zynga (ZNGA) opened at $11, 10% above their initial offering price in the public debut of the stock on Friday.

Echoing the dot-com boom a decade ago, a wave of Internet companies with lots of buzz but shaky business models went public this year. Here's how they've held up.

Demand Media

Ticker: DMD
IPO date: January 26
IPO price: $17
Now trading at: $8.06
Revenue for first 9 months of 2011: $240 million
Loss for first 9 months of 2011: $15 million

A once dominant player in the smartphone market, Research in Motion can't seem to catch a break these days with one set of bad news following the next. But despite all the bad press, some analysts still see hope for the company's investrors with the upcoming launch of a new line of phones in early 2012.

A solar power station in space measuring several kilometres in length may sound like something from a science fiction film, but the reality is that this idea could well be operational and supplying much of the worlds energy requirements within less than 20 years.

Space based solar power stations are not a new idea, in fact they have been researched since the 1970’s.

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