• [TWITTER]

    Twitter's Suitors Talk in Billions

    As Internet valuations climb and bankers circle Silicon Valley in an increasingly frothy tech market, many eyes are on one particularly desirable target: Twitter. Discussions with some potential suitors have produced an estimated valuation of $8 billion to $10 billion.

[Overheard]

Venture Capital Dispatch

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  • Cisco: Chambers Defends Data Center Growth, Margin Ability

    During a brief phone chat this evening following fiscal Q2 results, Cisco Systems (CSCO) CEO John Chambers defended his company's growth prospects and margin ability, while expanding upon what would seem to be the question of the hour, namely, the prospect that budget tightening in state and local governments is [...]

  • Cisco Off 9%: Gov't Woes Spreading To Federal Level

    Cisco Systems (CSCO)CEO John Cambers said the company sees revenue rising in the current quarter by 4% to 6% versus the prior-year quarter, and revenue in Q4 rising by 8% to 11%. That would put this quarter's revenue at $10.78 billion to $10.99 billion, which at the midpoint of $10.89 billion, [...]

  • Activision Drops 6%: No More Guitar Hero; Q1, FY View Miss

    Shares of Activision-Blizzard (ATVI) are down 69 cents, or 6%, at $11 after the company reported Q4 revenue and earnings per share ahead of expectations, raised its dividend, and set a new $1.5 billion share repurchase program, but forecast the current quarter and the year below estimates as it said [...]

  • Cisco FYQ2 Beats: $10.4B Rev, $0.37 EPS; Shares Sag

    Cisco Systems (CSCO) this evening reported fiscal Q2 results ahead of analysts' estimates, but shares traded down following the results. Q2 revenue rose 6%, year over year, to $10.4 billion, with non-GAAP EPS of 37 cents, beating the averageestimate of $10.24 billion in revenue and 35 cents per share in earnings. Cisco's [...]

  • Nokia: NY Times Speculates On Microsoft Bid
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