Category Archives: Taylor Scott International

Youku Tudou Gains 100 Million Mobile Video Viewers

Chinese Web video company Youku Tudou (YOKU) says it gained some 100 million mobile users in Q3, sending its stock up Friday though it reported mixed Q3 results late Thursday. The company in November had 300 million daily mobile users, up from about 200 million at the end of Q2, Youku CEO Cheung Koo Wing told analysts on a conference call late Thursday. “According to our research, Youku app is in the top 10 most-visited mobile apps in China on a

Morgan Stanley Downgrades Gogo, Stock Slips

Gogo (GOGO) stock fell Friday after Morgan Stanley downgraded the in-flight Wi-Fi provider to underweight because its recent runup had pushed its valuation up too high. The investment bank also said the company faces more competition and continues to burn cash. Gogo’s stock was down 3.5% in midday trading in the stock market Friday, near 28. Gogo stock hit an all-time high of 31.55 on Thursday. Gogo stock took flight on Monday, after the company

Salesforce.com Marketing Services May Be Q3 Highlight

Salesforce.com’s (CRM) northward growth trajectory is expected to continue as the company replaces aging customer relationship management systems with its cloud-based software and attracts more customers to its burgeoning marketing services business. Salesforce.com is the No. 1 provider of customer relationship management software, delivering its software as a service via the Internet “cloud.” It’s set to report its earnings for its fiscal Q3