As the dot com bubble was crashing Reid Hoffman was an executive at PayPal, and he was one of the few people in Silicon Valley having a good year. Once PayPal sold to eBay in 2002, Hoffman quit and had some free time on his hands. He was torn between inve

China’s decision to raise energy prices is having far-reaching implications across many markets today.China’s action helps explain why crude prices were falling this morning despite the attack on Shell’s facilities in Nigeria. Once rumors of the China pri

The tech sector is enjoying a reprieve today, but obviously it’s been tough sledding since late 2007.Darren Chervitz, co-manager of the Jacob Internet Fund, has long had a cautious approach due to concerns about the U.S. economy, inflation, and the credit

Take-Two Interactive is “doing as well as they’ve done, ever,” says Darren Chervitz, co-manager of the Jacob Internet Fund, whose largest position is in the videogame maker’s stock.Chervitz does not deny there is downside risk to Take-Two should

John Donahoe can expect an earful from sellers at eBay’s Live conference, which starts today in Chicago.In addition to slowing active user growth, eBay is facing a revolt from sellers who stopped a strike but are still irate over recent fee increases, the

China’s Shanghai Composite tumbled 6.5% overnight and has now fallen 11 of the past 12 trading days. With the index now down more than 50% from its all-time high in October, it’s clear the conventional wisdom about China “holding up” the market

A lot was made of LinkedIn’s funding announcement today and its new $1 billion valuation. I decided to head over to LinkedIn’s headquarters in Mountain View to ask Reid Hoffman what he thought.Hoffman, the co-founder and former CEO of LinkedIn, now serves

When Electronic Arts extended its takeover bid for Take-Two yesterday, many observers were hit with a case of déjà vu. That’s understandable because this is now the fourth time EA has extended the bid, which remains at $25.74, and which Take

From Clusterstock, June 18, 2008:Retail sales were surprisingly good in April and May, but we believe this was
primarily the result of the tax rebate checks–which will soon be
spent. Meanwhile, consumers are likely to feel ever more strapped.
Northern

Stocks are tumbling again, a decline many press reports are blaming on FedEx’s warning. While that certainly didn’t help, the reality is the financial sector remains key for the broad market and is resuming its decline. …

Good news for the Apple faithful: Mac sales were rising at an even faster pace in May than the robust first-quarter growth, according to Lehman Brothers’ analysis of NPD data.Mac sales remain

The search deal Yahoo announced last week with Google seems to have placated activist investor Carl Icahn, at least for the time being. …