Company HP Bought For $11 Billion Just Cost HP $9 Billion

All is not well at Meg Whitman's HP, we learned during the company's fourth-quarter earnings call this morning. HP just recorded a $9 billion devaluation of its assets stemming from serious accounting tomfoolery at a company that HP bought for $11 billion last year. Ouch. » 11/20/12 9:34am 11/20/12 9:34am

Here's How Much Money Facebook Makes Off of You

We'd gotten a glimpse at Facebook's financials when the company first filed for an IPO in early February, but now an amended S-1 filing has shed even more light on the giant pile of money hoarded by the Zuck dragon. Including, reports TechCrunch, how much he made off of you. » 4/24/12 8:26am 4/24/12 8:26am

Netflix Isn't Doing As Bad As We Thought It Was

Netflix had a pretty bad 2011. And that might be underselling it since the company pretty much destroyed all the goodwill it developed over the years and became a laughingstock. No matter! Netflix just announced its earnings for the fourth quarter of 2011 and things are looking good. » 1/25/12 4:57pm 1/25/12 4:57pm