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Demand Media Announces Closing of IPO

Last week, Demand Media launched its initial public offering. Today, the company announced the closing of the IPO of 10,235,000 shares of common stock at $17.00 per share. From the release: Demand Media sold 5,175,000 shares of common stock, and the selling stockholders sold 5,060,000 shares of common stock in the offering. Demand Media received […]

Apple to hit $200 Billion in Sales by 2015 [FORECAST]

According to Piper Jaffray analyst Gene Munster, Apple could hit $200 billion sales by 2015, the New York Times reported. The forecasted sales figure would be three times more than Apple’s latest 12 months ended sales of $65 billion and 100 times more than Groupon’s annual revenue. The audacious estimate is heavily based on Apple’s […]

Matt Cutts Calls For "CEO Of Google" Ideas

If you’ve ever wanted to have a say in what Google does next, a visit to Matt Cutts’s blog may be in order.  This afternoon, Cutts published a post asking readers what actions they’d take as Google’s CEO, and although no official contest is in effect (and Eric Schmidt’s definitely not stepping aside), the question […]

Apple VS Microsoft in Q4 2010 [INFOGRAPHIC]

Astonishing statistics about the current state of Apple and Microsoft products in Q4 of 2010 – displaying what people are buying  from these two companies and how much. Children are actually wishing for Apple products this Christmas, they do not even want their Barbie dolls or LEGO anymore. Is that surprising? Not so much for […]