by Mark Walsh on Apr 16, 4:28 PM
Yahoo on Tuesday
reported flat growth in the first quarter as the Web portal’s core display ad business continued to lag the broader market. Yahoo posted an adjusted profit of 38 cents a share on net revenue of $1.074 billion. Wall Street analysts, on average, had forecast Yahoo would earn 24 cents a share on revenue of $1.1 billion. "I'm pleased with Yahoo's performance in the first quarter. We saw continued stability in our business, strengthened our team, and started the …
by Mark Walsh on Apr 16, 1:50 PM
Facebook Home may not be coming to iOS, but some features of the software overlay for Android phones are expected to find their way into Facebook’s iPhone app.
Unveiled last week, Home inserts a Facebook-focused interface on Android phone screens in place of the familiar grid of third-party apps. Given the closed nature of iOS, it was unlikely Facebook would be able to extend the software to the Apple operating system as it did on the open source-based Android platform. But in an interview with the
Wall Street Journal, COO Sheryl Sandberg said …
by Karl Greenberg on Apr 16, 8:53 AM
Mazda is launching the first salvo of a U.S. campaign via a partnership with Paramount Pictures upcoming "Star Trek into Darkness," premiering May 17.
by P.J. Bednarski on Apr 15, 5:39 PM
Here's a brief video from The Boston Globe's Boston.com that captured the first explosion, and seconds later, the sound of the second explosion near the finish line of the Boston Marathon: http://live.boston.com/Event/Live_blog_Explosion_in_Copley_Square
by Steve McClellan on Apr 15, 12:12 PM
Publicis Groupe reported revenue of approximately $2.04 billion in the first quarter of 2013, up 7.6%. Organic revenue growth was lower-just 1.3%, down from the 4.1% organic growth the company posted in the same period a year ago. The firm cited a sharp organic revenue decline in Europe for the period-down 6.5%, with a much better story in North America, where growth was up 4.4%. Publicis Groupe CEO Maurice Levy stated, "As I predicted, 2013 is turning out to be a difficult and contrasted vintage, with on the one hand the United States consolidating their growth and on the other …
by Karl Greenberg on Apr 15, 10:06 AM
On Monday Nissan today announced that the CEO of Chrysler LLC's Ram Truck brand is heading to Franklin, Tenn. to be divisional VP, Nissan Sales & Marketing for the U.S. Diaz will report to Jose Munoz, SVP, sales & marketing, customer quality and dealer network development, for the Americas.
by Mark Walsh on Apr 15, 8:53 AM
Facebook ad partner Spruce Media on Monday
announced integrating Nielsen’s Online Campaign Ratings to help clients measure the effectiveness of Facebook campaigns. The company said the Nielsen system until now has only been available to advertisers buying media directly with the social network. Nielsen says its Nielsen Online Campaign Ratings is the first Web measurement system providing demographic ratings for online ad campaigns with certain metrics comparable to those used for TV advertising to be accredited by …
by Mark Walsh on Apr 11, 6:08 PM
LinkedIn on Thursday
confirmed acquiring newsreader app Pulse as it seeks to offer more content to keep users sticking around. The professional networking site paid approximately $90 million in cash and stock for the startup whose app boasts more than 30 million users in 190 countries. News the companies were in talks was first
reported last month. The acquisition follows other steps LinkedIn has taken in the last year to ramp up content and become more of a publishing platform to boost engagement. Those moves include creating a news page, its purchase of SlideShare, the redesign of profile …
by Mark Walsh on Apr 9, 9:56 AM
Pandora on Tuesday
announced hitting the 200 million user mark in the U.S. Launched in the summer of 2005, the online radio service reach 100 million registered users in July 2011, adding the next 100 million in less than two years. Among other user stats the company released today: -Pandora streams 200 million songs before 10 a.m. every day. -Listeners have personalized their stations with more than 25 billion thumbs. -Last month, Pandora played more than 100,000 unique artists and more than 1 million unique songs. The vast majority of that music got no other terrestrial radio airplay. -More …
by Sarah Mahoney on Apr 8, 5:46 PM
Ending one of the most tumultuous retail reigns in recent memory, JC Penney has shown controversial CEO Ron Johnson the door, and says former CEO Myron E. Ullman will replace him. Johnson joined JCP from Apple in November, 2011, and embarked on an ambitious rebranding effort. That included a shift away from its promotional pricing strategy, and drove away its most loyal customers: Sales fell 28% in sales in its most recent quarterly results. "While jcpenney has faced a difficult period, its legacy as a leader in American retailing is an asset that can be built upon and leveraged," Ullman …