Seek and ye shall find ... trouble in search.
Search was supposed to be the juiciest business in cyberspace, but there's unrest. Yahoo! outsourced its search business to Bing, but Microsoft's online business grew by a mere 10% in its latest quarter.
Market leader Google
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
filed for Chapter 11 bankruptcy protection, turning shutterbugs into shudder bugs. (NYSE: EK)
Sirius XM Radio
has a town-hall meeting in the works, but it has nothing to do with politics. Beatles legend Ringo Starr will be the marquee attraction, giving subscribers the ability to ask the music icon questions in an event hosted by Russell Brand. Only half of the Fab Four is still around, so we may as well enjoy these opportunities while we can. (Nasdaq: SIRI)
- Bernstein analyst Carlos Kirjner lowered his price target on Netflix
, from $79 to $71. A day later, shares of the video giant were trading in the triple digits for the first time in months. Ouch. (Nasdaq: NFLX)
Until next week, I remain,
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