Accounting Irregularities, or Creative Accounting may be the way to best describe what Groupon had originally highlighted in regulatory filings something it calls “adjusted consolidated segment operating income,” or adjusted CSOI. This Creative Accounting strategy may have been used to intentionally draw Investors and analysts attention away from the fact that the company is hemorrhaging […]
Alibaba Gets $1.6 Billion Investment
September 23, 2011 by
An investment group led by Yunfeng Capital, Silver Lake and Digital Sky Technologies Global, and Singaporean investment fund Temasek Holdings has agreed to invest $1.6 billion in China-based Alibaba Group Holding, China’s largest e-commerce group. Yunfeng Capital, includes Alibaba Chairman Jack Ma as one of its founders. Hangzhou-based Alibaba operates China’s largest e-commerce website. The investment […]
AOL Microsoft Yahoo 3 Admigos
September 17, 2011 by
Major Internet Advertising players, AOL – Microsoft – Yahoo are teaming up to compete against Google and Facebook in the Display Advertising market. The market which has long been dominated by Yahoo has seen the balance of power shift over to Google. The Display Ad market has massive growth potential. Zenith Optimedia projects that display […]
InMobi Snags Largest Investment Ever
September 15, 2011 by
Mobile advertising company InMobi has received a $200 million investment from the Japanese Internet company Softbank in one of the largest investments ever in the mobile Internet market. InMobi, which launched in 2007 in Bangalore, India now reaches over 340 million consumers in more than 165 countries, including the US. With more than 47 billion mobile […]
Search Engine Rankings Summer 2011
September 14, 2011 by
The mighty Google’s U.S. search engine market share has dipped below 65 percent for the first time since September 2009, according to latest report released yesterday by, digital intelligence service, comScore. Another major rating agency Hitwise, still shows Google’s market share at just over 65 percent, while Bing continues to make modest gains. According to […]
AOL Yahoo Merger Deja Vu
September 11, 2011 by
Well the biggest news last week was all about AOL and Yahoo. First, AOL has stressed relations with the newly acquired TechCrunch over dumping founder and former editor-in-chief Michael Arrington. Then the Yahoo debacle over firing CEO Carol Bartz over the phone. Now, Bloomberg is reporting that AOL CEO Tim Armstrong is talking with advisers […]
Yahoo Gives Bartz The Boot
September 8, 2011 by
Yahoo! makes it official, Carol Bartz is history. All Things D‘s – Kara Swisherwas the first to break the news late yesterday. But things may not be looking so bad for Carol Bartz, as the CEO of Yahoo, the former chief executive is now eligible for a hefty $10 Million Dollar severance package. The company […]
