Marchex reported earnings after the market closed today and although revenues for both the 4th Q of 2009 and the year ending December 31, 2009 were down, they beat the street estimate by $.01. Revenue for the 4th Q of  2009 was $23.4 million, compared to $34.8 million for the same period of 2008. Revenue for the year ended December 31, 2009 was $93.3 million, compared to $146.4 million for … [Read more...]

Tucows announced earnings today after the market closed, reporting Net revenue for the 4th quarter of 2009 increased 6.1% to $20.3 million from $19.2 million for the 4th quarter of 2008, marking Tucows 4th consecutive quarter of revenue in excess of $20 million. Net income for the 4th quarter of 2009 was $1.7 million, or $0.03 per share, compared with $1.0 million, or $0.01 per share, for the … [Read more...]

According to a report in TechCrunch, Google has acquired Aardvark, a San Francisco start-up whose service melds Internet search and social networking for an estimated $50 million dollars. Aardvark, which counts two ex-Google employees among its founders, has pioneered a new type of Internet search dubbed "social search." Instead of looking at Web pages to find answers to search queries, … [Read more...]

The highly-anticipated QuinStreet IPO received a lukewarm reception on its trading debut on Thursday. The company, which competes with Google and Yahoo to sell advertising, raised $140 million selling 10 million shares for $15 each. This was below its expected range of $17 to $19 a piece. Shares of QuinStreet which is trading under the symbol QNST traded down $.06 to close at $14.94 after … [Read more...]

Google announced on its blog this morning that they are planning to build and test their own "ultra high-speed broadband networks in a small number of trial locations across the United States." ""We'll deliver Internet speeds more than 100 times faster than what most Americans have access to today with 1 gigabit per second, fiber-to-the-home connections. We plan to offer service at a … [Read more...]

Monster Worldwide, Inc. announced today that it has entered into a definitive agreement to acquire the assets of Yahoo's,  HotJobs.com for  $225  million cash. Monster and Yahoo! have also entered into a three year traffic agreement, to take effect upon the closing of the acquisition, in which Monster will become Yahoo!’s provider of career and job content on … [Read more...]

Yahoo reported results for the fourth quarter and full year ended December 31, 2009. Revenues were $1,732 million for the fourth quarter of 2009, exceeding the top end of the Company’s business outlook range. Revenues decreased 4% from the fourth quarter of 2008 and increased 10% from the third quarter of 2009. Revenues were $6,460 million for 2009, a decrease of 10% … [Read more...]