SINA Corp (NASDAQ:SINA) anticipates weaker revenue in the current quarter because of the recent license revocation. The company expects 2Q revenue to come between $177 and $182 million at a time when analysts expected $197.7 million for the quarter. SINA Corp (NASDAQ:SINA) earned 15 cents per share in 1Q, meeting the consensus estimate in the…
Blackberry Ltd. (NASDAQ:BBRY) has recorded an all-time low sales with 0% market share in Spain, Japan and China. The company has recorded negative sales growth in almost all countries except America and Australia in which it has shown a meager growth of 0.3%. Blackberry has failed to impress users with its limited apps and stagnant…
Plug Power Inc. (NASDAQ:PLUG) on May 14 reported its 2014 first quarter results. Total revenue for the first quarter of 2014 was $5.6 million, comprised of $3.2 million for product revenue, $2.1 million for service revenue and $0.3 million for research and development (R&D) contract revenue. This compares to total revenue of $6.4 million in…
Alibaba operates online platforms such as Taobao Marketplace and Tmall.com that connect retail brands with consumers. The Chinese company makes most of its sales from commissions and advertising and competes with Tencent Holdings Ltd and Baidu Inc. (ADR) (NASDAQ:BIDU) for the more than 600 million Internet users in China. Baidu Inc (ADR) (NASDAQ:BIDU) stock performance…
Qihoo 360 Technology Co Ltd (NYSE:QIHU), China’s leading Internet security provider, will lease more than “tens of thousands” of servers, according to Tan Xiaosheng, vice-president of Qihoo 360 Technology Co Ltd (NYSE:QIHU). Qihoo 360 Technology Co Ltd (NYSE:QIHU) stock performance was 3.43% in last session and finished the day at $87.69. Traded volume was 2.88million…
Qihoo 360 Technology Co Ltd (NYSE:QIHU) announced that it has appointed Ms. Jie Chen as Senior Vice President primarily responsible for platform operations such as PC browser and 360 Mobile Application Store as well as mobile games. The Company also appointed Mr. Guangdong Yu as Senior Vice President primarily responsible for development of Internet products…
