Business and Finance

Facebook IPO

Facebook IPO will mean big business for thousands of smaller companies

Patrick Salyer doesn’t work at Facebook. He doesn’t own any of its stock. But he’s one of thousands of entrepreneurs in Silicon Valley and around the world who stand to make a lot of money when the Menlo Park social network goes public later this year. Salyer, 30, is chief executive of Gigya, a Palo […]

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Windows’ cut of Microsoft revenue drops to two-year low

Windows’ contribution last quarter to Microsoft’s revenue hit its lowest point since Vista’s swan song more than two years earlier, according to figures released by the company Thursday. For the quarter ending Dec. 31, the Windows division accounted for 22.7% of the company’s total sales, its lowest share since the 20.3% that the group recorded

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Why Best Buy is Going out of Business…Gradually

Electronics retailer Best Buy is headed for the exits. I can’t say when exactly, but my guess is that it’s only a matter of time, maybe a few more years. Consider a few key metrics. Despite the disappearance of competitors including Circuit City, the company is losing market share. Its last earnings announcement disappointed investors.

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Apple iOS, Google Android new device activations skyrocket

Activations of new iOS and Android devices soared on Christmas Day, jumping by 142% over the same day last year, a Web metrics company said. Meanwhile, Google’s head of mobile claimed that 3.7 million new Android smartphones and tablets had been activated last weekend. According to Flurry, which provides metrics services to app developers, total

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