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Action camera maker GoPro reports bigger loss as costs double

01

Aug

2014

(Reuters) – GoPro Inc, which makes wearable cameras used by surfers, skydivers and other action junkies to post their exploits online, reported a bigger quarterly loss as costs nearly doubled. GoPro shares fell 11 pct to $42.70 in extended trading after its first financial results since its initial public offering in June. The net loss […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Facebook goes express to mega-cap status – now valued more than AT&T, Coke

25

Jul

2014

By Chuck Mikolajczak NEW YORK (Reuters) – In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers. Now the companys $190 billion market value makes it bigger than such bellwethers as Coca-Cola and ATT. Its not a member […]

Category CA Technologies Tech Written by Yahoo 0 Comments

China’s Alibaba reports media blackmail attempt to police

18

Jul

2014

Alibaba Group Holding Ltd, the Chinese e-commerce titan gearing up for a mammoth U.S. initial public offering, has reported a blackmail attempt by a media organization to police, the company said on its official microblog on Friday. Alibaba said on its Weibo microblog that the media organization sought $300,000 to suppress a negative report about […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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Action camera maker GoPro reports bigger loss as costs double

Facebook goes express to mega-cap status – now valued more than AT&T, Coke

China’s Alibaba reports media blackmail attempt to police

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