According to Metro.co.uk the domain name Adult.co.uk is up for sale. Although no asking price was given. Originally purchased back in 1996 for an undisclosed sum, a spokesperson for Adult.co.uk has stated…
Demand Media Shares Jump Up A High As 47% As It Begins Trading
Shares in Demand Media which started trading today on the NYSE under the symbol DMD which were priced at $17 a share started trading at $23.50 In the first half our of…
SuperBowl To Generate $10 Billion In Spending But Domain Names Are Not Included
According to a new survey out from the Retail Advertising and Marketing Association, total consumer Super Bowl spending is expected to reach $10.1 billion, the highest in the survey’s eight-year history. Of…
Update: It’s Official: Demand Goes Public At $17 a Share Becoming The Largest Internet IPO Since Google
According to the Wall Street Journal Demand Media has raised $151 million by offering 8.9 million shares at $17, above its expected range of $14 to $16. The company originally filed to…
Demand To Go Public Tomorrow
According to several reports Demand Media is going public tomorrow (another report here). With a target price of between $14-$16 a share, I got a call today from a broker who said…
Yahoo Search Revenue Down 27% & They Cut 1% Of WorkForce
Yahoo reported earnings after the market closed today. Yahoo had net revenue of $1.21 billion, down 4% drop from the 4th quarter of 2009. 4th Q net income rose to $312 million,…
Condo.com Acquires Houses.com
According to a press release today Condo.com bought houses.com in December 2010 for an undisclosed price. Here is the press release: “Condo.com, the world’s largest condo marketplace, today announced the launch of…