Free Business Lists

Site Info

The privately held social-networking phenomenon raked in as much as $100 million more in revenues than previously estimated, a news report says. AOLs acquisition of the social network for $850 million is universally considered to be a huge embarrassment. Microsoft is doubling down on its bet of focusing on customers to pitch its software, this time tapping parents and small business owners to tout Office 2010. He wasnt yet CEO of AOL when it blew $850 million on Bebo two years ago, but now he has to own up to one of the digital-media industrys biggest acquisition messes.

A VeriSign investigation underscores how little money or technical expertise is needed to carry out botnet attacks. US car giant General Motors made $865m in the first three months of 2010, its first quarterly profit in nearly three years. Russian aluminium producer Rusal reports a $821m profit for 2009 as cost cuts offset a sharp drop in revenue. Internet company AOL says it plans to sell or shut down Bebo just two years after buying it for $850m.

Oil prices extend gains above $80 a barrel amid optimism that improved US job creation will boost economic recovery. It turns out theres a reason why Microsoft went with the shade of blue it did for links on its search engine--an $80 million reason. The $895 device for digital SLRs automates the process of taking multiple photos that can be joined into a single panoramic view. Instead of being required to pay $80,000 for each of the 24 songs she was accused of illegally downloading, a U.

Indian oil giant Reliance Industries says that net profits jumped to 40. Since the tweet "Text HAITI to 90999 to donate $10 to @RedCross relief" went viral, more than $8 million in donations surpasses mobile giving throughout all of 2009. Michael Birch, who sold his site to AOL for $850 million, says hell match all of the proceeds at Monday nights Charity Water benefit. Of the funds the U. U.

The round was led by Greylock Partners with contributions from a handful of prominent individual investors--some of whom also back competitor Foursquare. Dramatically different amounts were reported for what Apple paid to acquire the music service. Japan agrees a 7. 7. MySpace will pay about $8 million for the music-focused social network.

Electronic Arts shuts Pandemic Studios facility, bought in 2007 as part of an $860 million deal. The cable provider reports third-quarter earnings of $944 million on sales that grew to $8. The acquisition the shoes-and-more retailer, which was originally announced in July, is worth about $850 million in a mix of cash and stock. The mobile phone maker sees sales drop 20 percent and it suffers a big write-down on its failing communications equipment unit.

The Brazilian unit of banking giant Santander raises 14. A quick peek at the lineups of new laptops from Hewlett-Packard, Toshiba, and Dell make it clear that laptop prices are diving. The e-commerce giant will be acquiring all Zappos stock and converting it to Amazon stock. Elderly Medicare beneficiaries would receive better drug coverage and a portion of President Barack Obamas health care legislation would be paid for under an emerging agreement involving the pharmaceutical industry, the White House and key lawmakers.

Jury says Thomas-Rasset must pay $80,000 for each of the 24 songs she was ultimately found guilty of illegally sharing. The $884 million acquisition deal gives Intel a serious software business. The acquisition is intended to help Intel grow beyond its PC and server areas of strength and into embedded systems and mobile devices. The advertising magazine says Microsoft will spend $80 million to $100 million in an ad campaign to promote its revamped search engine.

The space shuttle Atlantis is poised for launch Monday on an $887 million mission to service and upgrade the Hubble Space Telescope, NASAs fifth and final visit to the iconic observatory.

+ $8 Tags