According to The Wall Street Journal, Regulators and industry watchdog groups repeatedly warned Google that it was taking ads from rogue online pharmacies in violation of federal law. Last week Google took a $500 million charge in its recent quarter to cover potential charges related to resolving an investigation by the Department of Justice. CNET is reporting at the same time Google … [Read more...]
Google Launches Official Search Blog: Inside Search
Google has just launched its "offical Search blog" entitled Inside Search. Here is Google's 1st post: """The thirst for knowledge is as old as humanity. It's only in the past decade that the Internet has made knowledge ubiquitous, and we want to help you find the answers you’re looking for, whether it’s the best price on a new microwave, where to find a great bike ride—or even … [Read more...]
FriendFinder Networks Almost 50% Off It’s IPO Price In Less Than A Week
Shares of FriendFinder Network, Inc, fell more than 20% today in trading and continued its slide in after hours trading. Shares of the company that own Penthouse, AdultFriendFinder.com and FacebookofSex.com closed down another $1.45 or over 20% to close at $5.75 a share. Shares traded as low as $5.35 The company just went public a week ago on May 11th at $10. I'm not a huge stock … [Read more...]
L’Oréal & Demand Team Up & Demand Stock Pops Over 5%
This morning L’Oréal USA and Demand Media put out a press release that Wall Street seems to have loved since shares of Demand bounced up over 5% as of time of publication in a otherwise down day in the market. Here is the press release: "Today L’Oréal USA and Demand Media announced an innovative, multi-dimensional partnership combining custom content and … [Read more...]
VeriSign Shares Should Pop At Open After CFIT Case Is Settled To Double What It Traded For After The Appeals Court Ruling
Shares of VeriSign are poised to pop this morning after VeriSign announced they Settled the CFIT case which could have resulted in a large price reductions of .com registration and renewal prices. Yesterday after the Market closed shares of Verisign were trading up over 5% on the news to Around $37.50 Back In June 2009, when the Federal Appellate Court ruled that the suit by CFIT could … [Read more...]
Tucows Reports: 2 Million Domain Registrations In 1st Quarter & YummyNames.com Sells $1.4M In Domains
Tucows Inc. (NYSE AMEX: TCX) reported its financial results for the first quarter ended March 31, 2011 after the market closed today Net revenue for the first quarter of 2011 increased 10.3% to $22.6 million from $20.4 million for the first quarter of 2010. Net income for the first quarter of 2011 was $0.7 million, or $0.01 per share, compared with $0.6 million, or $0.01 per share, … [Read more...]
Google Goes With ChromeBook For Its Laptop Without Owning The Domain Name?
Google today announced its long anticipated laptop which it named Chromebook. ""A little less than two years ago we set out to make computers much better. Today, we’re announcing the first Chromebooks from our partners, Samsung and Acer. "These are not typical notebooks. With a Chromebook you won’t wait minutes for your computer to boot and browser to start. You’ll be reading your email in … [Read more...]