Bank of America today slashed its price target for Google by 23 percent and cut its fourth-quarter and 2009 profit estimates for the Internet search giant to reflect an increasingly negative outlook…
Author: Michael Berkens
Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.
Global Equities: Google Revenue To Decline for Next Two Years
According to Barron’s, Global Equities Research analyst Trip Chowdhry says Google revenue will decline for a total of three years, $15.71 billion in 2008, $15.23 billion in 2009 and $14.57 billion in…
Next Big Money Domain At Auction: EUPHORIA.Com At Over $10K
The domain Euphoria.com is current on auction at TDNAM. With over 5 days to go the domain is already at $10,100. The domain shows a creation date of November 4, 1993, making…
Maybe Someone Other Than Microsoft Wants Yahoo
The Wall Street Journal is reporting that the former Chief Executive at AOL, Jonathan Miller is trying to raise $30 Billion to purchase Yahoo for $20-$22 a share. The Journal reports that…
Next Credit Crisis: $2 Trillion in Credit Card Spending Limits To Disappear
According to Oppenheimer & Co banking analyst Meredith Whitney, the U.S. credit card industry may pull back well over $2 trillion of lines over the next 18 months leading to sharp declines…
Microsoft & Yahoo In Talks, Again?
According to the Times of London, Microsoft is again in talks to acquire Yahoo’s online search business for $20 billion. Under the terms of the proposed transaction, Microsoft would provide a $5…
AmLawDaily.com Asks “Will The UN Take Over The Internet”
The AmLawDaily, poses the above question to Stephen Ryan, a partner in the law firm of McDermott, Will & Emery who according to the post is “the longtime outside counsel for the…