At least one company is making money off of social networking. The game developer behind 'FarmVille' and 'Mafia Wars' has seen its web-based games take off - and deliver profits.
Mark Pincus, founder and CEO of Zynga
On any given day 500,000 tractors are sold on the Internet. But don't start buying stock in John Deere or Caterpillar just yet. These are $20 "virtual" tractors that belong to the 50 million MORE
Jessica Shambora, Writer-Reporter - Oct 26, 2009 6:00 AM ET
And now, for a musical interlude: David Pogue -- Emmy-winning tech columnist, "Missing Manual" millionaire and Broadway composer manqué -- belting out an Evita parody at the Boston Book Festival Saturday, with Apple's (AAPL) Steve Jobs cast in the role of the Argentinian temptress.
Thanks to Mashable's Pete Cashmore for the pointer.
[Follow Philip Elmer-DeWitt on Twitter @philiped]
Philip Elmer-DeWitt - Oct 25, 2009 7:42 AM ET
Both companies beat expectations last week, but only one of them was growing
Click to enlarge. Source: Company reports, Oct. 2009.
A year ago we ran a bar graph similar to the one at right. It showed that Apple (AAPL), despite the Mac's tiny market share compared with Microsoft (MSFT) Windows, was gaining on the software giant. The main reason: revenue pouring in from the iPhone but hidden as deferred earnings MORE
Philip Elmer-DeWitt - Oct 25, 2009 6:10 AM ET
Microsoft's big launch, it turns out, was not entirely trouble-free
Image: Digital River
College students who took advantage of a "deal too sweet to pass up" have run into a bit of trouble.
The $29 electronic version of Windows 7 Home Edition sold for Microsoft (MSFT) through Digital River (DRIV) doesn't seem to install properly on some 32-bit Vista machines.
Apparently the download files weren't properly packaged and when some users tried MORE
Philip Elmer-DeWitt - Oct 24, 2009 8:03 AM ET
How enterprise software giants separate you from more of your company's money
By Roger Burkhardt, CEO, Ingres
Burkhardt reveals Big Software's secrets. Photo: Ingres
Here's how the software business really works: A software company charges your firm an enormous upfront licensing fee and locks you into escalating costs for decades to come, often using a set of hardball tactics.
But with the growing popularity of pay-as-you-go and subscription-based software and services, the MORE
Oct 23, 2009 11:00 AM ET
A storied financier of startups expands -- but its new businesses have yet to take root.
A year ago, when venture capital firm Sequoia Capital ordered its portfolio companies to slash costs in the face of a sick economy, even healthy businesses, such as LinkedIn and Zappos.com, complied.
As word of the edict spread, many non-Sequoia startups also trimmed their budgets -- a testament to the venture firm's influence in Silicon Valley MORE
Adam Lashinsky, Sr. Editor at Large - Oct 23, 2009 7:00 AM ET
Celebrating Microsoft's big day with a store opening and three new Get-a-Mac ads
Image: Apple Inc.
In the long running battle between Apple (AAPL) and Microsoft (MSFT), Thursday was a huge win for the boys from Redmond.
Windows 7 launched without a visible hitch and generated more positive reviews than we could count (a Google News search turned up 3,281, but we haven't read them all.)
Meanwhile, in Scottsdale, Ariz., the opening of MORE
Philip Elmer-DeWitt - Oct 23, 2009 6:47 AM ET
(AAPL) (HPQ) (MSFT) (DELL)
Jon Fortt - Oct 22, 2009 4:08 PM ET
The trouble with being number one in any industry is that you have nowhere to move but down. Few companies know this better than Nokia (NOK), the Finnish telecommunications giant that has dominated cell phones for so long that in some parts of the globe the brand itself has become synonymous with the device.
Jessi Hempel, writer - Oct 22, 2009 3:15 PM ET
The FCC will move ahead with rules to keep Internet "free and open," but the war with telcos isn't over yet.
By Jia Lynn Yang, writer
A winner might finally be emerging from the convoluted Net neutrality debate, and it's definitely not the telcos and cable operators.
The Federal Communications Commission voted today to move forward on crafting Net neutrality rules, which would mandate phone and cable companies to treat all web content MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.29 | -0.01 | -0.14% |
| Ford Motor Co | 12.25 | -0.49 | -3.85% |
| Frontier Communicati... | 4.29 | -0.18 | -4.00% |
| Juniper Networks Inc... | 21.70 | -0.68 | -3.02% |
| Cisco Systems Inc | 19.56 | -0.26 | -1.34% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,660.46 | -74.17 | -0.58% |
| Nasdaq | 2,816.55 | 11.27 | 0.40% |
| S&P 500 | 1,316.32 | -2.11 | -0.16% |
| Treasuries | 1.90 | -0.03 | -1.71% |
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