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Has Cisco Escaped the Air Pockets?
The last time the networking giant Cisco System reported quarterly earnings, CEO John Chambers used the phrase “air pockets” to describe the surprise sour turn in its guidance that showed sales would...
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WildTangent Not Playing Around When It Comes to Advertising in Social Games...
More advertising is inevitable as social gaming increases in popularity and the number of people who are willing to pay for virtual goods plateaus. However, exactly how it will be accomplished, no one...
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EBay's Analyst Day Tomorrow Could Be PayPal Lovefest
EMoney’s paying eBay a visit tomorrow to attend its analyst day, which will provide an update on the company three years after John Donahoe took over the reins from Meg Whitman. A lot has changed in...
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Stock Trades Near 52-week High on Message That It's an All "New eBay"
Two years ago, eBay’s CEO John Donahoe promised Wall Street analysts massive changes to improve the company’s e-commerce experience. Today, he says it’s all “new eBay.” At the company’s analyst meeting...
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Groupon Defeated in Super Bowl: CEO Apologizes, Pulls All TV Commercials
Groupon has made the drastic decision to pull its entire advertising campaign, following its multimillion-dollar push during the Super Bowl. The decision was announced on the company’s blog and...
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Zong Sees Mobile Payments Coming for Physical Goods Sooner Than You Think
Mobile payments are fast becoming a reality as wireless carriers in the U.S. lower the fees they collect from merchants in return for the right to charge items to the mobile bill. While paying by...
View ArticleU.S. Retail Sales Jump 7.8 Percent Over Past Year
Despite blizzard-like conditions for much of the country, January retail sales increased for the seventh month in a row, suggesting continued confidence in the economy. However, the increase was the...
View ArticleDone Deal: ReachLocal Buys DealOn for $10 Million
ReachLocal, a search-engine marketing company for small and medium-size businesses, has acquired DealOn Media, a daily deals site–and it paid much less than the $6 billion Google was willing to spend...
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PayPal Will Test Several Payment Systems at Retail This Year
PayPal will conduct several pilot programs over the next year to test how consumers will use their PayPal accounts–at the register. The eBay-owned company announced the pilots last week at its analyst...
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BilltoMobile Inks Deals With Three of the Four Major U.S. Carriers to Enable...
BilltoMobile has now secured deals with three of the four largest U.S. carriers to enable consumers to make purchases using their mobile phones. The San Jose, Calif.-based company is announcing this...
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Square Sacrifices Revenues to Ramp Mobile Payment Volumes
Square is dropping the rates merchants pay when accepting credit card payments using a mobile phone. The move is significant because it puts Square’s new rates below the industry standard for small...
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LivingSocial Focuses on Deals More in New Series of Commercials
LivingSocial, the second-largest daily deals site, has created two new commercials that will air during the Oscars on Sunday. This time, unlike the one that aired right before the Super Bowl kick-off,...
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Daily Deal Revenues Could Soar to $6 Billion in 2015
Spending on U.S. daily deals could soar as much as $3.9 billion in the next four years, up from only $873 million in 2010. The estimates were released today by BIA/Kelsey, but seem conservative given...
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Another Sign that Videogame Sales are Going Digital: Prepaid Cards
How big is online or digital gaming becoming? One indicator is the sales of prepaid gaming cards that are purchased at Walmart, Target, 7-11 and many other retailers. While the game cards are typically...
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Gartner: Tablet Trend to Boost IT Spending by Billions
Surging demand for media tablets like the iPad and its conga line of competitors will bolster worldwide information technology spending this year. This according to the newest projections from Gartner,...
View ArticleJuniper Plunges on Outlook Fears
Juniper Networks Inc. lost about a fifth of its market value Wednesday, a day after the networking company said economic concerns are pressuring business and government spending. The comments from the...
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Attention Shoppers: Coupons.com Grabs $30M in Funding From Greylock
Among the hot and hyped Web 2.0 scene, not many would pick out 13-year-old digital promotions site, Coupons.com. But, on the heels of a recent $200 million funding — which valued the quiet Mountain...
View ArticleWorries Persist for IBM
International Business Machines Corp.’s quarterly profit and sales rose amid growth in emerging markets, but the technology giant failed to dispel investors’ concerns about the health of technology...
View ArticleEMC Posts Strong Results
EMC Corp. posted record results in its third quarter and said demand for its products remains strong, alleviating worries about a slowdown in technology spending. The Hopkinton, Mass., company, which...
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Youth Is Wasted on the Young, and So Are Consumer Electronics
When it comes to consumer electronics buying this holiday season, it turns out age is everything but a number. According to a new survey from Parks Associates, an international market research firm,...
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