Posts by: roman
Exclusive – The founding team of LiveChat, which delivers real-time software and web analytics solutions for e-commerce sales and support teams, has completed a management buy-out to regain control over the company, TechCrunch has learned. The founders were looking to get back a controlling equity stake in the company, and teamed up with PE firm Tar Heel Capital to acquire a 60% stake, effectively buying out investor Naspers, a massive South Africa-based media and investment group.
Microsoft just reported its first quarter 2012 earnings with revenues of $17.37 billion, an 7% increase from the same period of the prior year. Microsoft’s operating income was at $7.20 billion, its net income was $5.74 billion and its diluted earnings per share were at $0.68, a 10% increase from last year.
SAN FRANCISCO (MarketWatch) — EBay Inc. said Wednesday afternoon that earnings grew 14% in the third quarter, coming in line with Wall Street’s expectations as the company’s top line was helped by strong revenue growth at both the PayPal and Marketplace businesses.
However, the e-commerce pioneer saw its shares slip more than 3% in after-hours trading on Wednesday, as the midpoint of its earnings forecast for the current period was slightly below analysts’ estimates.
Making a unscheduled appearance at the annual Web 2.0 Summit, Brin, whose company has recently launched Facebook rival Google+, said: “I am not a very social person myself. I haven’t spent much time on social networks myself…including Facebook or Twitter. I just haven’t been very active on any of them. I try them as I feel it’s important for my job to understand them.”
