According to Bloomberg.com, FriendFinder Networks Inc.,plans to go public on May 11 on the Nasdaq under the symbol FFN FriendFinder in addition to being the publisher of Penthouse magazine, owns many websites including, AdultFriendFinder.com and Cams.com. Facebook filed suit last week against FriendFinder Networks, Inc., and one of its subsidiaries over another site … [Read more...]
IAC Reports Earnings: Match.com Up 22%: IAC Renews Search Deal With Google & Has $1.6 Billion In Cash
IAC the owner of Ask.com,. Match.com and Chemistry.com just to name a few properties, just reported earnings today before the market opened and here are some of the highlights: SUMMARY RESULTS $ in millions (except per share amounts) Q1 2011 Q1 2010 Growth Revenue $ 460.2 $ … [Read more...]
I’m Going To Call A Market Bottom (at least for now) On Demand Media
There is a lot of talk about Demand Media, Inc, and there consistently diminishing share price over the last two weeks of trading (you can click here too) Today shares of Demand Media hit an all time low at $13.99 before closing at $14.67. At $13.99 shares are trading at almost 50% of its high and almost 30% off its IPO price of $17. So I'm going to go against the grain and call a market … [Read more...]
Yahoo Revenue Down 6%; Earnings Down 28%; Search Advertising Down 19%: Stock Up 3%
Yahoo reported results for the quarter ended March 31, 2011, after the market closed today. "Revenue excluding traffic acquisition costs ("revenue ex-TAC") was $1,064 million for the first quarter of 2011, a 6% decrease from the first quarter of 2010" "GAAP revenue was $1,214 million for the first quarter of 2011, a 24% decrease from the first quarter of 2010" Income … [Read more...]
Yahoo Now To Keep Your Search History For 18 Months, Not Just 3
In a blog post on Friday, Yahoo announced that is going to be keeping records of your searches for 18 months now, up from the current policy of 3 months. Here are the relevant parts of the announcement "Today, Yahoo! is making an announcement of our intention to change our log file data retention policy to meet the needs of our consumers for personalization and relevance, while living up … [Read more...]
Demand Media Issues Statement On Google’s Panda & It’s Effect on eHow
Demand Media has just issued a statement on the roll out of Google's Panda algorithm and the effect it expects it will have on eHow.com "Demand Media, Inc. a leading content and social media company, announced today that it is reaffirming its financial outlook for fiscal year 2011 that it previously provided on February 22, 2011. "Certain third parties that have published reports … [Read more...]
SearchMetrics: Google Panda’s: Top 100 Winners & Losers: eHow.com Loses More Than 50% Visibility
Searchmetrics.com, just released its study how Google's Panda Update effected the results of sites in the UK where the change first went into effect and just published a list of the top 100 winners and losers. "We’ve performed an analysis with millions of different keywords in the short and longtail of the impact of this update." "We analyzed the top 100 domains with the greatest gains … [Read more...]