Amortization
206 Stories
AOL, Time Warner merge in US$350b deal
News America Online, the giant online services company, and media conglomerate Time Warner today announced they have agreed to merge in a blockbuster deal valued at about US$350 billion.
eToys' losses grow, sales surge
News
AOL to cut 1,200 from Net unit
News The Internet and media giant plans to slash 1,200 positions from its America Online unit, the second round of layoffs in the online unit since its merger with Time Warner.
CNET Networks Q1 loss widens with write-down
News CNET Networks Inc had a wider first-quarter loss and reduced sales and earnings forecasts for the second quarter and the rest of the year as advertising sales and the value of some investments declined.
CyberWorks loses US$886m as Web strategy falters 
News Pacific Century CyberWorks Ltd, Hong Kong's biggest phone company, lost US$886 million last year after its plan to use fixed-line income to fund high-risk Internet expansion faltered.
Layoffs could knock on Yahoo Asia's door
News It remains unclear whether Yahoo Inc's global retrenchment exercise will affect Asia. Its plan to cut 420 jobs were announced last Wednesday when the US-based Web portal operator reported its first quarter earnings.
Case sees AOL Time Warner leading Net charge
News Outlining a set of goals to shareholders, AOL Time Warner chairman Steve Case stresses the need to create new products in a rapidly converging business.
Will Yahoo Asia be spared from job cuts?
News It remains unclear whether Yahoo Inc's global retrenchment exercise will affect Asia.
Sonus to invest US$3m in Asia
News Network equipment maker Sonus Networks Inc expects to invest up to US$3 million in Asia Pacific (including Japan) by year end.
Exodus warns will fall short of estimates
News The Web-hosting and Internet services company says it expects second-quarter sales of $315 million, about $40 million shy of the First Call consensus estimate.
PalmOne reports profitable quarter
News Increased demand for its smart phones helps deliver profitable quarter.
PeopleSoft revenue misses lowered targets
News Despite taking in the income it expected, sales come in below estimates. Guess who it's blaming?
Tags: Earning reports/forecasts
i2 bullish about China
News US-based supply chain management solutions provider i2 Technologies Inc expects its business in China to grow 100 percent next year, powered by opportunities in the mainland's manufacturing sector.
Yahoo might post Q1 loss
News Yahoo! Inc, owner of the most-used Web site for searching the Internet, is expected to report a first-quarter loss on Wednesday because sales of advertising declined.
Yahoo considers more layoffs
News The Web portal meets Wall Street's financial estimates on a pro forma basis but warns it may be forced to cut staff.
