Submitted by sony on Thu, 02/02/2012 - 04:07
Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around.
Sony posted a disappointing $1.2 billion operating loss for October-December, normally a lucrative quarter with the Christmas and year-end sales, as it battled a strong yen and flooding in Thailand that ruptured supplies and a weak economy.
Submitted by usa on Thu, 02/02/2012 - 03:56
Let there be no doubt: The campaign finance floodgates are officially open.
Disclosure forms filed this week with the Federal Election Commission confirmed what has long been expected: Individuals and corporations are using new outside expenditure groups to influence political campaigns in a big way.
Print CommentAnd they're not being shy about it.
The filings offered a look at the donors behind pro-Romney super PAC Restore Our Future, which spent much of the last week buying advertisements designed to derail Newt Gingrich's campaign in Florida.
Submitted by facebook on Thu, 02/02/2012 - 03:44
At long last, the Holy Grail of Internet IPOs is here. Facebook filed Wednesday to raise $5 billion in an initial public offering.
In 2011, Facebook earned $1 billion on sales of $3.7 billion. As of December 31, Facebook had 845 million monthly active users.
Print CommentThe company crossed the line into profitability in 2009, five years after it launched in founder Mark Zuckerberg's Harvard dorm room. Facebook earned $229 million that year on sales of $777 million, and has remained profitable ever since.
Submitted by facebook on Thu, 02/02/2012 - 03:35
With Facebook's announcement Wednesday that it will become a publicly traded company, lots of folks were talking about it.
On Facebook.
The company filed Wednesday to raise $5 billion in an initial public offering. Most analysts predict that Facebook's valuation will ultimately fall somewhere between $85 billion and $100 billion.
Those staggering numbers had Facebook users -- those whose privacy settings defaulted to public -- largely pondering one major school of thought: "Wow, that's a lot of money."
Submitted by lili on Tue, 01/24/2012 - 07:22
Chinese people listen to public opinion to share the fruits of development to ensure
Chuzhou 67-year-old ginger into thick old Long Happy New Year harvest two things: his granddaughter by the "Spring Bud Program" funding went to school, their social security standards because of the practical difficulties raised again.
