Tag Archives: lead tech

Yahoo Upgraded, With Alibaba Valuation Seen At $214B

Yahoo’s (YHOO) stake in Alibaba is an undervalued asset, says a Piper Jaffray analyst who in a Monday research note upgraded Yahoo stock to overweight, or buy. Yahoo’s core business is still “challenged,” but its stake in Alibaba is “undervalued at its current price,” wrote Piper Jaffray analyst Gene Munster, who had rated the stock neutral. “We expect that as we get nearer the Alibaba IPO, a more realistic valuation should be reflected in YHOO,”

Airbnb Makes Gains With VC Investors, Warren Buffett

Taking a trip? Whether you hope to stay in a standard bedroom, on an air mattress in an apartment or at a castle in a European town, Airbnb probably has a deal for you. Airbnb is a website and mobile app that has brought together a worldwide network of people willing to rent their homes, apartments, rooms, air mattresses or couches to travelers looking for low-cost or simply nonstandard accommodations. Founded in 2008, Airbnb says that its hosts

Google Again Eyes TV, Fighting Tide Of Slow Set Sales

With its new Android TV software, Google is yet again looking to wrest control home entertainment, a move that pits Google against a number of rivals trying to boost revenue and influence. The move pits Google (GOOGL) against key Android device maker Samsung, and also against the likes of Apple (AAPL) and Roku and their media-streaming devices, says Needham & Co. analyst Kerry Rice. “It’s not a winner-take-all market,” Rice told IBD. “There is a