eBay Delivers Better than Promised Results

eBay (Nasdaq: EBAY) finally appears to be taking a turn for the better. Not only did eBay deliver better than expected results during the holiday quarter, it also improved some of its operational metrics. But its outlook still continued to disappoint the market.

Billion Dollar Unicorns: Kabam Struggles to Stay Alive

According to a Newzoo report, the total gaming market worldwide was estimated to grow 8.5% over the year to $99.6 billion in revenues in 2016. This is also the first year when mobile gaming will account for a bigger share than PC games. Mobile gaming was estimated to bring in $36.9 billion in revenues, growing

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Death by Overfunding: One Kings Lane

Flash sales sites were part of the cool startups once. Venture capitalists put in money in these sites because they thought the sites would be strong competition to online and store-based retailers. The sites also started to carve out their own niches, with focus on fashion, shoes, and even home décor products. Initially, the businesses did

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Pinterest, an Unlikely 2017 IPO Prospect

After the dry spell for tech IPOs in 2016, 2017 is expected to be a busy year. Billion Dollar Unicorns Snapchat and AppDynamics have already filed to go public and another unicorn that has long been on the IPO prospects list is social media content discovery app Pinterest, which has low revenue but a ridiculously

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IBM Delivers Nineteen Straight Quarters of Declining Revenues

For the 19th straight quarter, IBM (NYSE: IBM) has reported declining revenues. But the silver lining in the results was its performance in its strategic imperatives. The company saw strong growth for the cloud, analytics, mobility, and security businesses. The growth wasn’t enough to keep the market happy. Despite the company surpassing market expectations, the stock

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Netflix’s Content Keeps it Ahead in the Video Race

Video streaming has caught on incredibly well. According to a MarketandMarkets report, the global video streaming market is expected to grow from $30.29 billion in 2016 to $70.05 billion by 2021, at a CAGR of 18.3% during the forecast period. Netflix (NASDAQ: NFLX), the pioneer in video streaming, is reaping the benefits of this trend. But the competition is

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2017 IPO Prospects: Can Airbnb Overcome Regulatory Hurdles?

Vacation rental site Airbnb is expected to be one of the biggest IPOs this year. The company may not have either confirmed or denied reports of an upcoming IPO, but the market is waiting eagerly for it to list so that they can cash in on its soaring valuation.

Death by Overfunding: Powa Technologies

There is no other company that illustrates the roller-coaster ride of a Unicorn as graphically as the United Kingdom’s Powa Technologies. Powa had helped put London on the Unicorn map by becoming one of the few multi-billion dollar ventures. Then with not as much as a whimper, it transformed into a Unicorpse with investors still

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