July 2012 Archives
Thursday, 26th July 2012
Like its initial public offering, Facebook’s earnings didn’t live up to hype on cable business news channels. Facebook reported second-quarter earnings of 12 cents per share on revenue of $1.18 billion, even with a consensus estimate by Wall Street analysts of 12 cents per share and slightly above revenue estimates of $1.15 billion.
In Defense of the James Holmes Tribute Facebook Page
Following the tragic Colorado shooting in Aurora last week, many Americans turned to social networks and the Internet to express their grief, offer condolences, or raise money for the victims. Trolls were no exception, and they too came out to play on this information highway.
Inside Walmart's Social Shopping Skunkworks
The online social world can put consumer actions in context, which makes the targeting of retail offers eerily more precise. No wonder the world’s biggest retailer also wants to be the world’s biggest social-shopping company. Here’s how Walmart's @WalmartLabs division is doing it.
From Layoffs to VMware/Nicira: Why Cisco’s World is Crumbling
Cisco Systems is the latest of the tech industry’s old guard struggling to grow in a technology market being upended by new technology. On Monday, the same day the largest maker of computer networking equipment revealed it was cutting 1,300 jobs, VMware announced it was buying Nicira, a key player in network virtualization that is becoming a…
What Would Make AOL Relevant Again (Not Refreshed Email)
As attention fades for Yahoo's latest CEO switch, we turn to another Internet pioneer -- AOL. That company has a new version of its Web-based email software, is basking in good quarterly earnings and this week saw its stock price briefly hit a yearly high. Talk about mixed emotions, the rally followed one of its lowest rates of decline in…