Year: 2018

 EBay reported its Q4 and full-year earnings after market close today, where it reported sales of $2.6 billion and adjusted earnings per share of $0.59 for the quarter (versus $0.54 a year ago), and $9.6 billion in revenues for the year. While the holiday season, which fell into the quarter that ended December 31, is traditionally a huge time for e-commerce companies, in the case of this… Read More

 Facebook’s $19 billion acquisition of WhatsApp sounds smarter and smarter. Today CEO Mark Zuckerberg announced on the Q4 2017 earnings call that WhatsApp now has 1.5 billion users and sees 60 billion messages sent per day. That’s compared to 1.3 billion monthly users and 1 billion daily active users in July. The massive growth makes Facebook’s choice to pay over $19 billion… Read More

 One day after announcing strong earnings and the massive strategic acquisition of the leader in yearbook and school photos, Shutterfly is watching its shares soar. It’s quite a turn for a company that just over a year ago was staring at a massive new market competitor in Amazon, whose entry into the personalized photo sharing market caused Shutterfly’s stock to tumble. By… Read More

 Twitter has now updated the number of people engaging with Russian trolls during the 2016 presidential campaign to 1.4 million. That’s more than double the initial 677,775 Twitter originally said had seen, followed or retweeted one of these accounts earlier this month. The new number reflects those who may have also replied to or @ mentioned these accounts. “We have expanded the… Read More

 SpaceX has launched a Falcon 9 rocket loaded with a geocommunications satellite commissioned by the Government of Luxembourg. The satellite, created by Orbital STK and to be operated by SES, will support humanitarian and military operations for Luxembourg, among other communications functions. The rocket took off from Cape Canaveral on Wednesday, a day after its initial planned launch. The… Read More

 PayPal impressed Wall Street when it reported fourth-quarter earnings after the bell on Wednesday. The global payments giant beat analyst expectations for both sales and profit. PayPal reported $3.71 billion in revenue on a foreign-exchange neutral basis, or 24% growth from the same period last year. Analysts were expecting $3.63 billion in revenue for the quarter. Adjusted earnings per… Read More

 Facebook is putting its short-term money where it’s mouth is, reducing the presence of viral videos in an effort to boost well-being of users of its site. Today in Facebook’s Q4 2017 earnings report CEO Mark Zuckerberg announced that “Already last quarter, we made changes to show fewer viral videos to make sure people’s time is well spent. In total, we made changes… Read More

 Microsoft posted a relatively good second quarter this year that continued the ongoing process of its growth into a major cloud entity, in addition to saying it would be taking a significant charge as part of changes to U.S. tax law. In particular, Microsoft said that its Azure revenue grew 98% year-over-year — a long-running theme alongside many other lines that equate to… Read More

 SpaceX’s launch live stream has already started for its GovSat-1 mission, which is launching a satellite from the government of Luxembourg into geostationary transfer orbit. The launch window opens at 4:25 PM EST and will not include a recovery attempt for the Falcon 9 first stage, which has been used once before during a mission in 2017. Read More

 Teased earlier this month at CES, Hulu today has quietly launched its personalized Olympics experience in its Live TV app. The company hasn’t officially announced the new feature, but the option to track your favorite Olympics events pops up when you launch the app today, allowing you to pick from various events like figure skating, ski jumping, snowboard, luge, alpine skiing and many… Read More