Andreessen Horowitz Made $78 Million From Instagram Investment

Andreessen Horowitz Made $78 Million From Instagram Investment

How often do you see an investment company putting in $250,000 and taking out $78,000,000? Your answer might just be “not every day”, and you know what? You would be spot on! But that is precisely what Andreessen Horowitz (HW), the tech VC was able to do with its investment in Instagram. The $1 billion [...]

May 14th, 2012 by Anthony West

Film.tv, Filme.tv, Filmy.tv Sold For $65,000

Film.tv, Filme.tv, Filmy.tv Sold For $65,000

The domain name selling companies, Sedo and Afternic, are both very popular and successful domain name selling businesses. They are always being noted for top sales during their weekly sales reports and often sell notable domain names at 5 and 6 figure amounts, though they also offer domain names at more affordable prices to meet [...]

May 14th, 2012 by Daniel Renfro

AdWords Hands Out $50 Million In Free Advertising For Video Ads

AdWords Hands Out $50 Million In Free Advertising For Video Ads

Google is looking to attract customers for its latest advertising product dubbed AdWords for video. As is the tactic these days, Google is offering advertising credits to businesses that sign up and use the service and reports are that a whopping $50 million worth of ad credits are up for grabs. An official releases from [...]

May 13th, 2012 by Anthony West

Facebook Buys 650 Patents For $550 Million From Microsoft

Facebook Buys 650 Patents For $550 Million From Microsoft

Facebook spent $1 billion to acquire Instagram and now it has slashed out another $550 million—this time for patents. The social networking giant has inked a deal that will see Microsoft transfer 650 of the 925 patents it [Microsoft] acquired from AOL just last month. The deal seems to have a lot more than just [...]

May 13th, 2012 by Anthony West

Xerox Generated $5.5 Billion In Revenue In Q1

Xerox Generated $5.5 Billion In Revenue In Q1

Big-dollar revenues are not unheard of in the tech sector, but $5.5 billion in the first quarter is not something you hear about often. This is how much Xerox made in the first quarter of 2012 and it has certainly got people talking. The talk is as much about the $5.5 billion as it is [...]

May 13th, 2012 by Anthony West

GameGlobe.com Domain Name Sold For $50,000

GameGlobe.com Domain Name Sold For $50,000

Sedo.com is a very popular and successful domain name selling company. Recently they released their sales report for the week ending April 23rd and their total sales amount was around $1.5 million, so no doubt a great sales week for the company. The top domain name sale was GameGlobe.com which sold for $50,000. Below is [...]

May 13th, 2012 by Daniel Renfro

Alibaba.com Generated $53.8 Million In Profit Q1 2012

Alibaba.com Generated $53.8 Million In Profit Q1 2012

Yahoo bought Alibaba.com a few years ago and many said at the time it was a bad move. Today however, Alibaba looks to be the only thing in Yahoo’s portfolio that is able to justify its existence. The company is reporting Q1 2012 profits of $53.8 million, a figure which follows on the back of [...]

May 12th, 2012 by Anthony West

38DD.com Domain Name Sold For $500,000

38DD.com Domain Name Sold For $500,000

There are various domain name-selling companies on the Internet today. Companies such as these bring in a lot of revenue and are very successful due to the popularity of doing business online. Just as there are many different domain name-selling companies to choose from when looking into purchasing a domain name, there are thousands of [...]

May 12th, 2012 by Daniel Renfro

Intuit Acquires Demandforce For $423.5 Million

Intuit Acquires Demandforce For $423.5 Million

Business software giant Intuit has just splashed out $423.5 million to acquire Software as a Service (SaaS) company Demandforce. The blockbuster acquisition comes in the wake of other high-profile purchases like Facebook’s acquisition of Instagram for $1 billion and the lesser purchase of Archive.com for $100 million by Ancestry.com. All this of course leads to [...]

May 11th, 2012 by Anthony West

GreenJuice.com Domain Name Sold For $35,000

GreenJuice.com Domain Name Sold For $35,000

Afternic is a successful domain name selling company and recently they reported their weekly sales report for the week ending April 22nd. Once again this weeks sales for the company resulted in over $1 million in total sales, so another great sales week for Afternic. The top sales for the week were GreenJuice.com which led [...]

May 11th, 2012 by Daniel Renfro

Ancestry.com Acquires Archives.com For $100 Million

Ancestry.com Acquires Archives.com For $100 Million

Ancestry.com has established itself as the front runner among genealogy websites and over the years has done everything from telling you about your great granddad to predicting the growth of users on Google+. Now we can add $100 million acquisition to the list of achievements; that is what Ancestry.com has splashed out to acquire Archives.com. [...]

May 10th, 2012 by Anthony West

Automattic, Makers Of WordPress, Will Generate $45 Million In Revenue

Automattic, Makers Of WordPress, Will Generate $45 Million In Revenue

WordPress has been in the tech news of late for some big numbers regarding its usage and spread among website developers, but very little has been revealed about the financials of the company until now. The blogging platform as you may know is run by Automattic, which in a nutshell is the for-profit engine behind [...]

May 10th, 2012 by Anthony West

Hot.net Domain Name Sold For $75,000

Hot.net Domain Name Sold For $75,000

There are various domain name-selling companies on the Internet today. Companies such as these bring in a lot of revenue and are very successful due to the popularity of doing business online. Just as there are many different domain name-selling companies to choose from when looking into purchasing a domain name, there are thousands of [...]

May 10th, 2012 by Daniel Renfro

Apple Sold 35.1 Million iPhones & 11.8 Million iPads In Q2 2012

Apple Sold 35.1 Million iPhones & 11.8 Million iPads In Q2 2012

Apple seems to be incapable of doing wrong and in keeping with this positive trend, the company announced record sales for its flagship iPhone and iPad products. According to Apple, it sold 35.1 million iPhones in its second fiscal quarter and over 11.8 million iPads. Both numbers were slightly off by analyst estimates but in [...]

May 9th, 2012 by Anthony West

Facebook Generated $1.05 Billion In Revenue And $205 Million In Profit In Q1

Facebook Generated $1.05 Billion In Revenue And $205 Million In Profit In Q1

The 17th of May is the date Facebook goes nova with its $100 billion IPO and the company has been busy the last few weeks acquiring and revealing the state of affairs for the social networking platform. The company which was founded by Mark Zuckerberg released a fresh S-1 filing recently detailing revenues and other [...]

May 9th, 2012 by Anthony West

WirelessPhones.com Domain Name Sold For $70,000

WirelessPhones.com Domain Name Sold For $70,000

Afternic is a very popular and successful domain name selling company that sells a variety of domain names on a weekly basis in a wide price range and to a variety of different kinds of businesses and people. For their weekly sales report during the week that ended April 15th, the domain name WirelessPhones.com led [...]

May 9th, 2012 by Daniel Renfro

Zynga Generated 15% Of Facebook’s Revenue In Q1

Zynga Generated 15% Of Facebook’s Revenue In Q1

The relationship between Zynga and Facebook is truly symbiotic; the two platforms rely heavily on each other in order to make money. It therefore comes as no surprise to hear that Zynga generated over 15% if Facebook’s revenues in Q1 of 2012. The revenue is tied to either advertising or payments directly linked to Zynga [...]

May 8th, 2012 by Anthony West

Netflix Generated $870 Million In Revenue In Q1

Netflix Generated $870 Million In Revenue In Q1

Things have been bitter sweet for Netflix in the past year or so and its latest set of earnings results have lived up to that trend precisely. The streaming movie and DVD rental company was expected to make losses of $0.27 per share on revenues of $866 million for the first quarter of 2012, but [...]

May 8th, 2012 by Anthony West

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