Awesome, Facebook–But the Users Will Still Own the Web

Facebook CEO Mark Zuckerberg and his handlers clearly have found a way to replicate Steve Jobs’ infamous reality distortion field, that charismatic glow during the Apple CEO’s product introductions that seems to soften the hearts of even the most jaded skeptics. I didn’t attend the company’s F8 developers conference today, where Zuckerberg held forth on [...]

LIVE: Display Ad Rebound Powers Yahoo Profit, But Investors Unimpressed

After five straight quarters of declining year-over-year revenues, Yahoo managed to return to growth in its first quarter, even if it was only 1%, to $1.6 billion. But the real upside for the tarnished Internet icon was in profits, which jumped 162%, to $310 million, or 22 cents a share–way ahead of analysts’ 9-cent estimate. [...]

Google Tops Earnings Expectations–But Not Investors’ Hopes

As expected, Google turned in a more than decent first quarter, with profits up 37%. But just as in the fourth quarter, investors were hoping for even better, sending the search giant’s shares down 3% or more in early after-hours trading. No big surprise here: If anyone were expected to beat already heady expectations, it [...]

Search Ad Spending Up Again. Good Quarter for Google Coming?

If you’re wondering how the famously tight-lipped Google did in its first quarter, which it will report on Thursday, here’s an early clue: Spending on search marketing overall–which Google dominates with nearly a 75% market share–rose 20% in the first quarter from a year ago, according to the search marketing firm Efficient Frontier. Although it [...]

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