 | Good afternoon Bit |  |  | Shares of consumer review website Angie's List surged as much as 44 percent on their market debut Thursday as investors continued to lap up internet offerings, but concerns about the company's profitability could loom on the stock, Reuters reports. Meanwhile, the Wall Street Journal provides some backstory on how the Angie's market listing marks the end of a journey started 16 years ago.
Yelp, another consumer review website, filed for a $100 million IPO. Yelp features more than 22 million reviews of businesses ranging from dentists to restaurants to plumbers, and says it has 61 million unique visitors on a monthly average basis in its latest quarter. Business Insider takes a look at how the company makes money.
The Wall Street Journal reports that Eastman Kodak wants to sell its online photo-sharing unit, sending shares of the struggling photography company up almost 8 percent. The Journal said the company had approached photo-sharing websites, rivals, private equity firms and retailers about buying the online business.
Amazon may be plotting an iPhone rival. A stake in the smartphone market could better position it against Apple and Google for digital media sales as it strives to become an all-encompassing retail powerhouse, reports Scott Martin in USA Today.
Mashable reports that Windows 8 will make automatic updates far less painful. Apparently Microsoft is re-architecting the process for automatic updates in Windows 8, with a focus on minimizing restarts and reducing interruptions. | | | LATEST NEWS | | Chip industry eyes recovery after slowdown | | November 17, 2011 03:09 PM ET | | BARCELONA (Reuters) - The semiconductor industry is looking at first signs of recovery as it struggles to clear inventories of unsold chips stemming from a slowdown in consumer spending, industry executives said on Thursday. | Full Article | | Senate to take up cyber bill in 2012 | | November 17, 2011 04:06 PM ET | | (Reuters) - The Senate will take up cybersecurity legislation next year to fight online fraud, espionage and intellectual property theft whether or not Republicans and Democrats reach agreement on a comprehensive bill, Senate Majority Leader Harry Reid wrote on Wednesday. | Full Article | | Euro zone, technicals unnerve Wall Street | | November 17, 2011 05:04 PM ET | | NEW YORK (Reuters) - Trigger-happy investors dumped stocks on Thursday, scared by the market's sudden fall through a key technical level brought on by more worries about Europe's debt troubles. | Full Article | | Greeks protest as France, Spain face squeeze | | November 17, 2011 02:48 PM ET | | MADRID/PARIS (Reuters) - Greek police clashed with anti-austerity protesters and Italy announced sweeping reforms in response to a European debt crisis that on Thursday pushed borrowing costs for France and Spain sharply higher. | Full Article | | Legg Mason's Miller to step down from main fund | | November 17, 2011 12:04 PM ET | | (Reuters) - Stock picker Bill Miller, a mutual fund industry star who lost the Midas touch in recent years, will retire from running his flagship portfolio at Legg Mason Inc in April, the company said on Thursday. | Full Article | | | BUSINESS NEWS
| | Jobs, housing data bolster growth outlook | | November 17, 2011 01:13 PM ET | | WASHINGTON (Reuters) - New U.S. claims for jobless benefits hit a seven-month low last week and permits for future home construction rebounded strongly in October, the latest data to suggest the economy was gaining traction. | Full Article | | Boeing wins record $21.7 billion airplane order | | November 17, 2011 01:13 PM ET | | NUSA DUA, Indonesia (Reuters) - The United States announced a massive order for Boeing jets from Indonesia's largest domestic airline, Lion Air, to be showcased as U.S. President Barack Obama winds up an Asia-Pacific tour. | Full Article | | Authorities foil NY protest bid to shut Wall Street | | November 17, 2011 05:04 PM ET | | NEW YORK (Reuters) - New York police prevented protesters from shutting down Wall Street on Thursday, arresting at least 177 people in repeated clashes with an Occupy Wall Street rally that drew fewer demonstrators than expected. | Full Article | | Man charged with trying to assassinate Obama | | November 17, 2011 05:09 PM ET | | PITTSBURGH (Reuters) - A 21-year-old man who called President Barack Obama the "devil" and "anti-Christ" was charged on Thursday with trying to assassinate the U.S. leader by opening fire on the White House with an assault rifle. | Full Article | | Nearly 1 in 3 U.S. children poor, Census says | | November 17, 2011 04:52 PM ET | | WASHINGTON (Reuters) - The number of children in the United States considered poor rose by 1 million in 2010, the U.S. Census said on Thursday, with nearly one in three of the youngest Americans now living in poverty. | Full Article | | | | U.S. TOP NEWS | | | | | RELATED VIDEO | | |  |  | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | | » MORE NEWSLETTERS | | | ODDLY ENOUGH | | | | | | |
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