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Mitch Albom Talks About Cadence13, 'The Netflix Of Podcasts,' And Return Of 'The Sports Reporters'
Thursday, October 12, 2017 - 11:11am | 1192Just when it seemed like radio-format shows were a dying form of communication, Apple Inc. (NASDAQ: AAPL) came along and added support for podcasts to iTunes, breathing new life into the lungs of this struggling genre. Apple didn't invent the concept of podcasts, but it made it mainstream....
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Gabelli: Should Yahoo Sell Itself To Verizon?
Friday, April 8, 2016 - 3:06pm | 304Mario Gabelli, Gabelli Funds chairman, would support a Verizon Communications Inc. (NYSE: VZ) acquisition of Yahoo! Inc. (NASDAQ: YHOO)'s core Internet media and search business, the value investor told on CNBC. "They want to buy a spinoff from Time Warner (Time Warner Inc (NYSE: TWX)); it will fit...
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Re/code's Swisher Reports Yahoo Deadline For Bids Pushed Back One Week
Friday, April 8, 2016 - 10:16am | 341Re/code's Kara Swisher reported on Friday that Yahoo! Inc. (NASDAQ: YHOO) extended its deadline for potential buyers of its internet assets to submit bids. Swisher, citing "sources close to the situation and the blabby bankers they talk to," noted that Yahoo pushed its April 18...
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Re/code: Softbank Is Not Really Looking At Buying Yahoo
Thursday, April 7, 2016 - 1:17pm | 257Yahoo! Inc. (NASDAQ: YHOO) can scratch off SoftBank on its list of potential buyers for its Internet assets, at least according to Re/code. Re/code's Kara Swisher, citing "sources close to the situation," stated SoftBank has not held any formal discussions with Yahoo to acquire...
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Yahoo's Financial 'Meltdown': Revenue To Fall 15%, Earnings By 20% In 2016
Wednesday, April 6, 2016 - 2:53pm | 378Yahoo! Inc. (NASDAQ: YHOO)'s financial situation is "increasing dire," at least according to a report by Re/code. Re/code's Kara Swisher obtained access to the "book" that Yahoo's bankers are handing out to potential buyers. Naturally, this book contains the...
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Facebook Is 'Not Even Close' To Losing Young People, Re/code Says
Thursday, March 31, 2016 - 12:11pm | 151One of the largest concerns expressed by Facebook Inc (NASDAQ: FB) investors is the possibility of a mass migration of young users towards a competing social media outlet. According to a Re/code, not only is this fear overblown, it is "not even close" to bearing any truth. The...
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Apple's Cloud Plans Could Be Bad For Cisco
Monday, March 21, 2016 - 12:21pm | 338Apple Inc. (NASDAQ: AAPL)'s "Project McQueen" has been underway over the past few months, as experts speculate on the expanse and implications of the project. It's supposed that the project is a venture into the cloud space, bolstered by hopes to become more self-reliant on...
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Snapchat Expects 7X Revenue Growth This Year
Tuesday, March 8, 2016 - 2:24pm | 247Video messaging app Snapchat is expected to grow its revenue seven times this year, according to a report on Re/code. The report said Snapchat is targeting between $300 million and $350 million in revenue in 2016, citing multiple sources familiar with the company's plans. That's six or seven times...
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Why Did LinkedIn's CEO Give His Bonus Back?
Thursday, March 3, 2016 - 11:47am | 436While it's not completely unheard of, most people who receive a bonus gratefully accept, pocket the surplus and go on their merry way. However, LinkedIn Corp (NYSE: LNKD)'s CEO Jeffrey Weiner is making headlines for passing on his $14 million stock grant. In an article from Re/code, Kurt Wagner...
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Yahoo Reportedly Using 'Invest-Maintain-Kill' List To Restructure Company
Thursday, January 28, 2016 - 12:43pm | 231Yahoo! Inc. (NASDAQ: YHOO) has a "kill list," at least according to a report by Re/code. Re/code reported on Thursday that Yahoo CEO Marissa Mayer has a "kill list" as part of a restructuring initiative. As part of this "kill list," management will evaluate various...
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Jack Dorsey Confirms Four Top Execs Are Leaving Twitter
Monday, January 25, 2016 - 9:35am | 196Re/code reported on Sunday that two top executives at Twitter Inc (NYSE: TWTR) are departing the company. Re/code, citing "sources close to the situation," noted that Twitter's media head Katie Jacobs Stanton and product head Kevin Weil are leaving the company and have no...
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UPDATE: Is Twitter Really Considering A 10,000 Character Tweet Limit?
Tuesday, January 5, 2016 - 2:47pm | 119Shares of Twitter Inc (NYSE: TWTR) continued their decline Tuesday afternoon and were lower by nearly 3 percent at $21.93. Re/code, citing "multiple sources familiar with the company's plans," reported on Tuesday morning that Twitter is building a new feature that will expand a Tweet's character...
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Apple Hires Deep-Learning Expert, Patents iPhone Screen Protector & More Stories From Cupertino Last Week
Monday, October 26, 2015 - 10:33am | 699Shares of Apple Inc. (NASDAQ: AAPL) have lost more than 8 percent over the past six months as investors may be losing confidence in its ability to demonstrate sustained growth. Sherri Scribner of Deutsche Bank highlighted several new developments that may be of interest to investors....
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Report: Jack Dorsey To Be Named Permanent Twitter CEO
Wednesday, September 30, 2015 - 2:45pm | 310Jack Dorsey may finally be appointed as Twitter Inc (NYSE: TWTR)’s permanent CEO as early as Thursday, Re/code reported. The stock spiked up when the rumor hit, and was up more than 2 percent on Wednesday. Sources familiar with the issue told Re/code that Twitter co-founder Jack...
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Why VMware Might Be A Buyout Target, Rather Than A Spin-Off
Monday, August 3, 2015 - 2:01pm | 378Shares of VMware, Inc. (NYSE: VMW) were up more than 1.5 percent on Monday, following a re/code article that argues that EMC Corporation (NYSE: EMC) may soon buy out the company, rather than spin it out. According to the report, EMC has been pressured by Paul Singer’s Elliott...