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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: technology companies

technology companies stories: 9 news summaries

 EBay to Unload Skype for $2B 

Private investors bring end to auction site's troubled ownership

(Newser) - EBay is selling Skype, the audiovisual chat service it calamitously bought in 2005, to a group of private investors, sources tell the New York Times. Although the price is unknown, eBay recently said it wanted about $2 billion for the the company, which is expected to pull in $600 million... More »

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private equity Google eBay Skype IP telephony technology companies Marc Andreessen

(Newser) - The founders of Twitter keep insisting it's not for sale, but perhaps they should think again, writes Ben Parr of tech blog Mashable. Only two weeks ago Twitter looked smart for refusing its suitors—but then Facebook made a series of big moves, from buying FriendFeed to launching a speedy... More »

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(Newser) - Facebook is planning to expand its 1,000-strong staff by up to 50% this year, Mark Zuckerberg says, taking advantage of a surplus of engineers in a weak job market. In an interview with Bloomberg, the 25-year-old CEO also says he wants to turn a profit by next year, in... More »

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Facebook Buys Rival FriendFeed for $50M

Purchase sets up battle with Twitter for real-time search market

(Newser) - Facebook is buying fellow social networking site FriendFeed for nearly $50 million, the Wall Street Journal reports. Friendfeed, a 12-employee outfit founded by former Google engineers, allowed users to share information across multiple social media services but never took off beyond a core techie user base. The purchase may help... More »

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MARKETS
(Newser) - Markets were off today as falling oil prices put the press on the energy sector and Wall Street took a stern look at the recent rally, the Wall Street Journal reports. Though tech stocks surged, bringing NASDAQ up, oil prices were off and health care concerns tumbled. The financial... More »

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MARKETS
(Newser) - The tech sector drove a substantial market rally today led by rosy projections from chipmaker Intel, the Wall Street Journal reports. Other technology stocks followed Intel—up 7.5%—as investors predicted a resurgence of the consumer electronics market. Good news from the Fed and the credit industry also... More »

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MARKETS
(Newser) - Markets were mixed today, but the Dow closed at its highest end point in 2009 even as tech and material stocks pulled down other indices, the Wall Street Journal reports. The resurgent dollar cut deeply into the commodities sector. A NYSE computer malfunction also temporarily halted trading in some... More »

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MARKETS
(Newser) - Markets climbed today on good performance by technology stocks and a rebound in the financial sector, the Wall Street Journal reports. A key bank index, which dipped earlier as financials sold stock to raise capital, was up almost 4%. The retail sector continued to struggle, with Wal-Mart off 1.9%.... More »

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MARKETS
(Newser) - Stocks were down today on continued sluggishness from hard-hit areas like financials, industry, and energy, the Wall Street Journal reports. Though the improving market has led to an influx of cash from investors, key indices for transportation and industry have lagged. The Dow was down 155.88, to 8,418.... More »

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9 Stories