Scheduling a doctor’s appointment online beats dealing with hold times and back-and-forth on the phone, but it also delivers an important social benefit, argues ZocDoc co-founder and CEO Cyrus Massoumi.
Netflix’s fourth-quarter revenue outpaced Wall Street’s expectations as the video rental website reversed subscriber losses to sign up more than 600,000 new U.S. customers in the period, pushing its shares up. Netflix posted a 47 percent leap in fourth-quarter revenue to $876 million, outpacing an average forecast for $857.9 million, according to Thomson Reuters I/B/E/S.
Apple’s fiscal first-quarter results blew past Wall Street expectations, fueled by robust holiday sales of its iPhones and iPads. Apple sold 37.04 million iPhones and 15.43 million iPad tablets, outpacing already heightened expectations for a strong holiday season. Sales of iPhones and iPads more than doubled from a year ago. Revenue leapt 73 percent to $46.33 billion, handily beating the average Wall Street analyst estimate of $38.91 billion, according to Thomson Reuters I/B/E/S. Apple reported a net profit of $13.06 billion, or $13.87 a share. Analysts had expected Apple to earn $10.16 per share.
RIM’s new CEO Thorsten Heins, who joined RIM in 2007 and previously served as a chief operating officer, said during a conference call that he would hone the current strategy rather than abandon it. “I don’t think that there is some drastic change needed. We are evolving … but this is not a seismic change,” Heins said. RIM’s U.S.-traded shares tumbled as investors wondered whether Heins could reverse the BlackBerry maker’s decline, closing the day down 8.5 percent.
Research in Motion has appointed a new CEO in an effort to appease investors who clamored for the ouster of its co-CEO’s Mike Lazaridis and Jim Balsillie, the architects of the Blackberry. Analysts described the appointment as a step in the right direction but they were still anxious after Thorsten Heins’ first presentation to Wall Street as CEO.
That giant sucking sound you hear is the life being drained from SOPA and PIPA.
In an astonishingly effective campaign, a number of prominent websites decided on Jan. 18 to act as though they were being censored. SOPA — the House Stop Online Piracy Act , and PIPA, the Senate’s Protect IP Act — would, in fact, have little or no impact on U.S. sites but the message was clear: The Net is one seamless organism. An attack on my friend, or even my enemy, is an attack on me.