FeedPosted Mar 19th 2010 3:00PM by Tom Johansmeyer (RSS feed)
Filed under: Deals, Technology

A day before it was set to go under the gavel, the sale of Sex.com stalled. The domain name was set to be auction, but an involuntary Chapter 11 filing by three of the company's creditors has put the brakes on the bidding. Escom LLC, which owns Sex.com, his on the hook, it seems, for an eight-figure tab.
The creditors' petition, filed in U.S. Bankruptcy Court shortly after noon yesterday by Washington Technology Associates, iEntertainment, Inc. and AccountingMatters.com LLC, claims that Sex.com owes them $10,092,118.68, according to a report by adult entertainment industry trade publication
AVN (NSFW).
Continue reading Sex.com Sale Stalled by Involuntary Bankruptcy Filing
Posted Mar 16th 2010 11:00AM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Media World, Technology

Nobody's naming names right now, but
Social Times reports from SXSW that "a number" of companies are paying
Twitter hefty fees for unrestricted access to the "firehose." While some Twitter data is accessible free through the company's developer program, the full data set is only available to those willing to write a check – and, it turns out, a substantial one.
Back in October, Twitter inked high-profile data-licensing deals with Google (
GOOG) and Microsoft (
MSFT), which brought in $25 million and put the social media service on the revenue map. Since then, it has
brought more clients into the fold through its data-licensing program, including Kosmix and Scoopler, by opening up what it calls the "firehose"; i.e., unfettered access to the Twitter data stream.
Continue reading Twitter Getting Six Figures a Month for Data
Posted Mar 14th 2010 10:00AM by Jeff Reeves (RSS feed)
Filed under: Technology
Dividend Yield: 14.2%
Market Cap: $850 million
You would never expect a small-cap biotech firm to have a monster dividend yield, but PDL Biopharma (PDLI) is a delightful exception.
The company engages in the management of "antibody humanization patents," as well as royalty assets and license agreements with various biotechnology and pharmaceutical firms. In a nutshell, the process of "humanization" helps makes medications compatible with the biology of men and women so that they work properly.
Continue reading Dividend Stock #4: PDL Biopharma (PDLI)
Posted Mar 4th 2010 2:00PM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Microsoft (MSFT), Yahoo! (YHOO), Intel (INTC), Oracle Corp (ORCL), Initial Public Offerings, Technology

It's not just Digital Sky Technologies that is in "no rush" for Facebook to go public -- Facebook's founder says he's happy to take his time, too. CEO
Mark Zuckerberg, according to the Wall Street Journal is putting his head together with those of Paul Otellini, CEO of Intel (
INTC) and Charles Phillips, president of Oracle (
ORCL) to gain insights on running his company, over which he'll have more control as a result of
Facebook's dual-class share structure. If Zuckerberg gets his way, he'll run Facebook for a while before taking the dive into public capital markets.
Zuckerberg tells the Wall Street Journal(subscription required), "We're going to go public eventually, because that's the contract that we have with or investors and our employees." Doubtless, these two parties are eager to experience a liquidity event, particularly those from the company's earliest days and preliminary financing rounds.
Continue reading Zuckerberg in 'No Rush' for Facebook IPO
Posted Mar 1st 2010 10:00AM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Media World, Technology

Last year,
Twitter got a taste of significant revenue when it inked data-licensing deals with Microsoft (
MSFT) and Google (
GOOG). The multi-year deals were worth a total of $25 million, but Yahoo! (
YHOO) found an alternative way to access the
social media site's data – free – which made it seem like the licensed data business model was on the brink of a short life. Well, it looks like some new deals have breathed a bit more life into this approach, though the details remain unclear.
In a blog post Monday, Twitter announced that it was opening its data "Firehose" to a number of companies:
Ellerdale,
Collecta,
Kosmix,
Scoopler,
twazzup,
Crowdeye and
Chainn. According to the post, this step makes it "possible to move far beyond the Twitter experiences we know today."
Continue reading Twitter Finds More Real-Time Search Clients
Posted Feb 22nd 2010 9:00AM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Microsoft (MSFT), Electronic Arts (ERTS), Media World, Technology

Are you still suspicious of the
$6.5 billion Facebook valuation that resulted from Digital Sky's $100 million investment last July? And doubtless, the
$15 billion valuation implied by Microsoft's (
MSFT) 2007 investment in the company was, to say the least, aspirational. Well, the insanity is continuing to mount – throughout the Facebook ecosystem. A recent report by Global Silicon Valley Partner's NeXt Up Research organization puts the price tag of Zinga, the Facebook application developer, at a whopping $3.3 billion ... half of Facebook's!
Granted,
Zynga has done a few things to wow social media market-wachers and investors.
NeXt Up Research forecasts 35% growth for this company over the next four years and just upped its 2014 revenue projection to $1.1 billion. The previous estimate was only $460 million. What could possibly justify these numbers? Well, Zynga has grown from 30 million users to 230 million in only 10 months, largely as a result of the strength shown by Facebook over this period. Farmville has been the company's engine, with close to 80 million monthly active users.
Continue reading Zynga Valuation Said to Top $3 Billion
Posted Feb 19th 2010 3:40PM by Gary E. Sattler (RSS feed)
Filed under: Deals, Internet, Competitive Strategy, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Technology

U.S. and European regulators have finally cleared the way for a concentrated search partnership between Microsoft (
MSFT) and Yahoo! (
YHOO). The tandem effort, which involves making Microsoft's Bing the search engine for MS and Yahoo sites, is said to give the team 30% market share of U.S. search traffic. The intention, of course, is to throw some credible competition at search giant Google (
GOOG).
Continue reading Microsoft and Yahoo! Cleared to Bounce Heads off Google
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