Online ad revenue continued to boom in 2015 as mobile advertising reached a “tipping point.” Heading into the New Year, social sites such as Facebook and Twitter are poised to grab a bigger share of digital ads vs. Google and other search engines. Digital advertising is rising as people migrate from desktop computers to their mobile phones to search the Internet, shop, seek out entertainment and communicate. In 2015, mobile ad
Red-hot Linux-based software provider Red Hat late Thursday reported fiscal Q3 earnings and revenue that beat expectations, sending shares rising after hours. Shares were up more than 6% in extended trading, after rising a fraction in Thursday’s regular session to 78.86. That’s 5% off the 83 Red Hat (RHT) stock touched on Nov. 5, its highest price since February 2000 near the height of the dot-com bubble. The Raleigh, N.C.-based
Digital media software firm Adobe Systems late Thursday beat Wall Street’s target for earnings per share by 2 cents and posted in-line revenue for its fiscal fourth quarter ended Nov. 27. But it gave current-quarter EPS guidance below views. Adobe (ADBE) earned 62 cents a share, excluding items, on sales of $1.31 billion in fiscal Q4. Analysts polled by Thomson Reuters expected the San Jose, Calif.-based company to earn 60 cents a