22February2012

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Google slammed after earnings disappointment

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Despite economic worries in Europe, Google was still expected to post strong earnings on Thursday. But the Mountain View, Calif.-based enterprise didn't hold up to estimates and the stock immediately plummeted more than $50 after hours.
Google reported a fourth quarter net income of $2.71 billion, or $8.22 a share (statement). Non-GAAP earnings were $9.50 a share on a revenue of $10.58 billion (including traffic acquisition costs) — an 25 percent increase compared to the fourth quarter of 2010.
  • Azzam Bhatti
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is it right time fr apple to get social?

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Over the past decade, many have pondered Apple's closed-door, top-down culture, and now with the passing of its CEO, Steve Jobs, some speculate whether that culture will continue.

In the context of the meteoric growth of social platforms like Facebook and Twitter, one can't help but wonder — is it time for Apple to get social?

Last Updated on Thursday, 19 January 2012 23:55

  • Azzam Bhatti
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Intel Semifinalist Is Homeless No More Thanks to Community

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Samantha Garvey, the homeless high school senior gaining recognition for becoming a semifinalist in the Intel Science Talent Search, will soon have a home thanks to officials in Long Island.
Suffolk county official Steve Bellone said in a press conference this morning that Garvey and her family can move into a rent-subsidized home in about 10 days. The teen and her family have been living in a homeless shelter since Jan. 1.
  • Azzam Bhatti
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