Social-networking sites work to turn users into profits (USATODAY.com)
USATODAY.com - SAN FRANCISCO - Facebook, MySpace and other social-networking sites have been the rage of the tech industry for more than a year. Following investments by Microsoft and News Corp., the companies are valued in the billions of dollars and are considered blueprints for how to build a website. Yet a deeper question lingers: How are they going to consistently produce profits to match their soaring valuations?
Amazon shares fall on crimped margin view for 2008 (Reuters)
Reuters - Amazon.com Inc forecast on Wednesday that profit margins would narrow in 2008, sending its shares down 5 percent, even as first-quarter net income and revenue beat analyst estimates and the company raised its 2008 sales outlook. 
Kelly's big gamble on debt
She is touting it as a revenue-driven acquisition but the guts of Gail Kelly's tilt at St George must be reducing competition and cutting costs.
Macquarie's French op posts revenue lift
Macquarie-owned French tollway operator, Autoroutes Paris-Rhin-Rhône Group (APRR), has posted a 7.1 per cent lift in revenue.
Telstra dials up $1.9b profit
Telstra has increased its first half profit by 13 per cent and raised its guidance for full year revenue and earnings.
Foxtel subscribers help lift revenue
Pay television provider Foxtel has lifted its first half earnings after an increase in subscriptions drove its revenue up by 17 per cent.
Santos sales rise despite output drop
Oil and gas producer Santos has reported a lift in revenue despite a drop in half-year production.
Solo Entrepreneurs: Big Bucks From Tiny Computing Startups (TechWeb)
TechWeb - One-person companies are earning upwards of $1 million in revenues annually. How do they do it? With high-speed Internet connectivity, mobile apps, automation, and a little help from their customers.
Ad malaise begins to spread to TV
Earnings reports from three major media companies - CBS Corp., The Walt Disney Co. and Viacom Inc. - this week show the malaise in local ad markets beginning to spread to national cable and broadcast networks. 
Need to know: Tesco... Amec... GKN
Economics
Phones on planes, continued: The...
Mobile phones on planes may not be as annoying as some people thinkAS AIRLINES struggle with high fuel prices, they have been looking for new ways to generate "ancillary...
British Columbia surplus up, drilling...
Reuters - British Columbia
ended the last fiscal year with a C$2.9 billion surplus on
higher tax revenues and profits from its provincial
corporations, according to figures...
Oil shock keeps our biggest guns blazing
The oil price gives and it takes away. The bright side of high oil prices for a country running an energy surplus and the companies that keep it that way was highlighted...
07/17/08
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Telstra to outdo profit guidance
Telstra is expected to do better than its guidance when it reveals its annual profit results this week, as it increases revenue from its Next G mobile services.
Higher Taxes Hurt InterContinental
InterContinental Hotels posted a 21% decline in second-quarter net income as taxes and administrative costs escalated.
Thrifty U.S. shoppers could bruise gadget maker profits (Reuters)
Reuters - Fears that belt-tightening U.S. consumers will bruise third-quarter earnings for makers of MP3 players, cell phones and other gadgets, pummeled the stocks of consumer electronics companies like Apple Inc and SanDisk Corp on Tuesday, a day after they issued grim forecasts.
Sydney Airport H1 earnings up about 9%
Sydney Airport has posted a 9.2 per cent rise in first half earnings and says its airline clients face a challenging environment due to rising fuel costs.
Mobiles, wireless lift Telstra
Telstra profit grows 13% to $3.7b, helped by higher mobile phone and wireless data sales.
New Microsoft President Elop...
TechWeb - InformationWeek - Stephen Elop, the new president of Microsoft's business division, describes the challenges he faces in an interview with InformationWeek.
Macau casinos growing too fast,...
Macau gambling revenue is growing "too fast'' to avoid China's government stepping in with curbs, says Lawrence Ho, CEO of Melco Crown, a joint venture between Ho and James Packer.
Melbourne IT on track for profit growth
Online services provider Melbourne IT Ltd says it is on track to deliver growth in revenue and profit, after booking a 20 per cent lift in half year profit.
08/19/08
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Gold Miners Post Profits
Australia's two largest gold producers reported net profits and higher revenue as record gold prices offset cost pressures.
Tech in Taipei
The world loves gadgets: Buy beaten-down stocks of companies that make them.
Qantas full-year profit up 44%
Qantas has increased its full year profit by 44.1 per cent but says it is starting to feel the effect of higher fuel costs amid an uncertain economic outlook.
Here's a tip...
Football tragics? Hardly. But the two entrepreneurs behind a popular footy tipping website learned the hard way it pays to persevere.