Microsoft to acquire LinkedIn

REDMOND, Wash. , and MOUNTAIN VIEW, Calif. , June 13, 2016  -- Microsoft Corp. (MSFT) and LinkedIn Corporation (LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion , inclusive of LinkedIn's net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella , CEO of Microsoft. Reid Hoffman , chairman of the board, co-founder and controlling shareholder of LinkedIn, and Weiner both fully support this transaction. The transaction is expected to close this calendar year.
 
LinkedIn is the world's largest and most valuable professional network and continues to build a strong and growing business. Over the past year, the company has launched a new version of its mobile app that has led to increased member engagement; enhanced the LinkedIn newsfeed to deliver better business insights; acquired a leading online learning platform called Lynda.com to enter a new market; and rolled out a new version of its Recruiter product to its enterprise customers. These innovations have resulted in increased membership, engagement and financial results, specifically:
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Zillow Group Reports First Quarter 2016 Results; Raises Full-Year Revenue Outlook

First quarter total Revenue of $186 million, an increase of 25% year-over-year on a pro forma basis, excluding revenue from Market Leader, which was divested in the third quarter of 2015.
Real Estate Revenue of $152.5 million, an increase of 34% year-over-year on a pro forma basis.
Full-year Revenue outlook raised to a range of $825 million to $835 million.
All-time high of more than 166 million unique users in March to Zillow Group consumer brands Zillow®, Trulia®, StreetEasy® and HotPads®, an increase of 22% year-over-year; Average monthly unique users during the first quarter reached more than 156 million.
             
SEATTLE, May 03, 2016 -- Zillow Group, Inc. (NASDAQ:Z) (ZG), which houses a portfolio of the largest and most vibrant real estate and home-related brands on mobile and Web, today announced its consolidated financial results for the three months ended March 31, 2016.
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Groupon Announces $250 Million Investment from Atairos

Atairos CEO Michael Angelakis to Join Board of Directors
Groupon and Comcast to Explore Collaboration Opportunities
 
CHICAGO-- Groupon (GRPN) today announced it has entered into an agreement for a $250 million investment from Atairos, an independent private company focused on supporting growth-oriented businesses across a wide range of industries. In connection with the investment, Michael Angelakis, Chairman and Chief Executive Officer of Atairos, will join Groupon’s Board of Directors.
 
“Our partnership with Atairos will help accelerate our transformation while better positioning us to execute on our strategy and mission to build the daily habit in local commerce -- which we continued to make progress on in the first quarter,” said Groupon CEO Rich Williams. “I am extremely pleased that a respected, long-term oriented partner like Atairos shares our view about the vast opportunity ahead for Groupon.”
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Groupon Announces Fourth Quarter and Fiscal Year 2015 Results

Groupon exceeds top end of guidance range on Revenue, Adjusted EBITDA and Non-GAAP Earnings per Share

Fourth quarter gross billings of $1.7 billion, $6.3 billion for the full year
Fourth quarter revenue of $917.2 million, $3.1 billion for the full year
Fourth quarter Adjusted EBITDA of $67.0 million, $256.8 million for the full year
Fourth quarter GAAP loss per share of $0.08; non-GAAP earnings per share of $0.04
Operating Cash Flow of $292.1 million for the trailing twelve month period; Free Cash Flow of $208.1 million
Affirmed fiscal year 2016 revenue guidance of $2.75 billion to $3.05 billion and increased 2016 expected Adjusted EBITDA range to $80 million to $130 million

CHICAGO-- Groupon, Inc. (GRPN) today announced financial results for the quarter and fiscal year ended December 31, 2015.

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j2 Global Reports Record Q4 and Year End 2015 Results and Provides 2016 Outlook

Achieves Record Annual and Quarterly Revenues, EBITDA, Adjusted Non-GAAP EPS and Free Cash Flow
Estimates 2016 Revenues between $830M and $860M and 2016 Adjusted Non-GAAP EPS between $4.70 and $5.00
Quarterly Dividend Increased by $0.01 to $0.3250 per Share versus the Prior Quarter

LOS ANGELES-- j2 Global, Inc. (JCOM) today reported financial results for the fourth quarter and year ended December 31, 2015, provided fiscal 2016 financial estimates and announced that its Board of Directors has declared an increased quarterly cash dividend of $0.3250 per share.

FOURTH QUARTER 2015 RESULTS

Quarterly revenues increased 22.6% to a record $204.8 million compared to $167.1 million for Q4 2014.

Quarterly EBITDA(3) increased 30.2% to a record $100.1 million compared to $76.9 million for Q4 2014.

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