Tag: Digital Marketing Services

New Yelp Has Earned Its Extra Stars
Money

New Yelp Has Earned Its Extra Stars

Buying growth is rarely a cheap concept, especially for small tech companies that lack the pocketbooks of their much larger peers. Yelp knows this well. Founded 19 years ago as a pioneer in the field of online reviews for local businesses, Yelp has established an Internet advertising business now generating more than $1.2 billion a year in revenue. That is a 10-fold increase from when the company went public in 2012—and about what Google generates in ad revenue every two days. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Tech, Media & Telecom Roundup: Market Talk
World

Tech, Media & Telecom Roundup: Market Talk

Updated Nov. 22, 2023 12:29 pm ETThe latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1123 ET — GoDaddy is a structurally differentiated, durably growing cash machine that should benefit from its hedged customer acquisition model, RBC analysts say in a research note. The online services platform could also gain outsized benefit as AI tools reduce customer acquisition friction, analysts say. “While ratings across our coverage assume a stable macro, there are very few companies in our universe that could actually hit 24’ estimates under incremental macro duress – we believe GoDaddy would be one.” RBC upgrades its recommendation on the stock to outperform from sector perform, lifts its 24’ estimates sli...
Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica
Money

Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica

Updated Nov. 21, 2023 12:07 pm ETBlackstone is in advanced talks to buy Civica in a deal valuing the U.K.-based software developer at close to $2.5 billion including debt, according to people familiar with the matter.The tie-up, if completed, could be announced as soon as Wednesday. It would mark Blackstone’s latest bet in the U.K. following its recent purchases of two hotels—one in Birmingham and another outside of Edinburgh—and a project to build affordable housing across the U.K.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica
World

Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica

Nov. 21, 2023 11:50 am ETBlackstone is in advanced talks to buy Civica in a deal valuing the U.K.-based software developer at close to $2.5 billion including debt, according to people familiar with the matter.The tie-up, if completed, could be announced as soon as Wednesday. It would mark Blackstone’s latest bet in the U.K. following its recent purchases of two hotels—one in Birmingham and another outside of Edinburgh—and a project to build affordable housing across the U.K.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Microsoft, Alphabet, Amazon and Meta Rebound With Strong Results as AI Fuels Optimism
Technology

Microsoft, Alphabet, Amazon and Meta Rebound With Strong Results as AI Fuels Optimism

Oct. 30, 2023 10:00 am ETThe tech giants are shaking off the postpandemic blues.Microsoft, Amazon.com, Meta Platforms and Google parent Alphabet last week delivered quarterly reports showing strong growth and improving margins in areas from digital advertising to e-commerce to cloud computing.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Google’s Cloud Sales Disappoint as Advertising Rebounds
Technology

Google’s Cloud Sales Disappoint as Advertising Rebounds

Updated Oct. 24, 2023 6:08 pm ETGoogle reported its strongest business growth in more than a year but disappointed investors with relatively weak cloud-computing sales, delivering a mixed picture as it continues to wrestle with competitors developing artificial-intelligence tools.Google’s parent company Alphabet reported third-quarter revenue of $77 billion Tuesday, up 11% from the same period last year. The results marked the third consecutive quarter of accelerating growth for the search giant following an economic slowdown that briefly caused a rare drop in the company’s advertising sales.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How Ads on Your Phone Can Aid Government Surveillance
Technology

How Ads on Your Phone Can Aid Government Surveillance

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/cybersecurity/how-ads-on-your-phone-can-aid-government-surveillance-943bde04
Amazon reported quarterly profit that trounced expectations, capping earnings reports from tech giants that showed improving health in areas from online retail to digital advertising after a stretch of slowing growth and mass layoffs.
World

Amazon reported quarterly profit that trounced expectations, capping earnings reports from tech giants that showed improving health in areas from online retail to digital advertising after a stretch of slowing growth and mass layoffs.

Amazon reported quarterly profit that trounced expectations, capping earnings reports from tech giants that showed improving health in areas from online retail to digital advertising after a stretch of slowing growth and mass layoffs.