Baidu (ticker symbol BIDU) is the most popular search engine in China, essentially functioning as the “Google of China”. They have released their first quarter financial results, reporting earnings more than doubled over the prior year quarter to $163.5 million on an 88% increase in revenue to $372 million, both figures slightly ahead of analyst ...

Acme Packet (ticker symbol APKT) is a little known Massachusetts based manufacturer of session border controllers (SBC’s) which enable VoIP and videoconferencing via the Internet, a leader in session delivery network solutions, enabling the trusted, first-class delivery of next-generation voice, data and unified communications services and applications across IP networks. Acme sold 60% of all ...

ARM Holdings (ticker symbol ARMH) is a little known British chip architecture firm which has been riding the mobile wave for nearly two years. The architecture of ARM is found in almost every mobile phone and tablet, due its low power requirements. The company does not make chips itself, but licenses its architecture to other ...

An item in today’s New York Times (nytimes.com) indicates that Google’s YouTube is close to finalizing a deal with major Hollywood studios to offer their new release films for rentals. Sony Pictures Entertainment, Universal Pictures and Warner Brothers have agreed to rent movies via YouTube, according to two studio executives who spoke on condition of ...

Amazon.com Inc.’s (ticker symbol AMZN) earnings announcement has been released, showing quarterly profits plunged 33% as the online retailer spent ferociously to build more fulfillment centers and expand its technology offerings, becoming the latest Web company to report rising costs as the Internet proves to be an expensive arena to do business. The Seattle-based Internet ...

An item in today’s Wall Street Journal (wsj.com) indicates that Yahoo (ticker symbol YHOO) may be contemplating spinning off its’ Hadoop software engineering unit into a new separate firm that would continue to develop and supply the free software while charging companies for their expertise in using it. Analysts estimate that as a stand alone ...

The frenzied race to enter the tablet computer market and offer competition to Apple’s iPad continues. Sony Corp. (ticker SNE) said Tuesday it plans to enter the tablet-computer segment later this year with two models running Google Inc.’s Android operating system. Sony’s two tablets—code-named S1 and S2—will be released late this year. The S1 is ...

It’s no big secret that Intel (ticker INTC) is looking to move into other markets beyond its traditional microprocessor line. One way to do so is to offer technical consulting services to other chip and electronics manufacturers. It now has a customer – MiaSole, a Silicon Valley start up making solar panels. An item in ...

In the latest in a series of executive changes at Oracle (ticker ORCL), Jeff Epstein, the most recent chief financial officer, has resigned and will be immediately succeeded by the company’s co-president. According to the Wall Street Journal (wsj.com), his duties will be added to those of Ms. Safra Catz, the co-president who was his ...

Netflix (ticker NFLX) released their financial results for the first quarter of 2011 after the market closed today, beating analyst expectations by notching earnings per share of $1.11 on sales of $718.6 million, nearly doubling year ago results of 59 cents per share. The consensus expectation had been for $1.08 a share on revenue of ...