Language Selection

English French German Italian Portuguese Spanish

Google shares take a dive

Filed under
Google

Since its dramatic IPO in August 2004, stock analysts have been asking Google executives to give them more guidance about the company's business prospects.

Now, they say, the Internet search giant may be paying a price for being so tight-lipped.

Investors drove Google's stock down nearly 14 percent Tuesday morning, after Chief Financial Officer George Reyes warned that ``clearly our growth rates are slowing, and you see that each and every quarter.'' Reyes made his comments at a Merrill Lynch investor conference in New York.

Reyes' remarks, combined with news of a weakening housing market, a decline in consumer confidence and disappointing reports of economic and manufacturing activity, led to declines of around 1 percent in both the Nasdaq composite index and the Dow Jones industrial average.

By the end of the day, however, many analysts were saying that the market had overreacted to the news from Google.

Full Story.

More in Tux Machines

Kernel Space/Linux

Leftovers: Software

  • KDE Kirigami 1.1 UI Framework Released
  • [GNOME Maps:] Planning a trip
  • Etcher Image Writer Is Now Better Than Ever
    Back in may we spotlighted Etcher, a stylish open-source USB image writer app for Windows, macOS and Linux. In the months since our feature the app has released a over 10 small beta updates, with Etcher 1.5 Beta being the most recent release at the time of writing.
  • Audacious 3.8 released
    Audacious 3.8 was released on September 21, 2016.
  • New Version of Audacious Music Player Released
    A new version of Audacious, a popular lightweight audio player, is now available for download. Audacious 3.8 introduces a small set of features, including the ability to run more than one instance of the app at the same time. Quite why… no idea. New audtool commands have been added, including stream recording toggles, and cue sheet support is said to be “more seamless”.
  • Rambox Puts All Your Favorite Messaging Services In One App
    Rambox is a free, open-source messaging and email app that groups all your favourite web apps into one easy-to-manage window. Sound familiar? We’ve highlighted apps like Rambox before, with Franz and the Gmail-specific Wmail being but two.
  • Stylish Markdown Editor ‘Typora’ Is Now Available for Ubuntu
    In the market for a desktop markdown editor for Linux? You may have helped but notice that you’re rather spoilt for choice. From Abricotine and Scratch to Simplenote, Springseed and Remarkable. Even Gedit can render markdown with the right plugin! With so much choice it can be difficult to know which app to pick.
  • YoutPlayer Floats Your Fave YouTube Videos on The Desktop [Ed: just an Electron app]
    Looking for a neat-o way to play YouTube playlists on your desktop, outside your browser? Take a looksie at Yout, an Electron app that lets you add and watch YouTube playlists on your desktop, floating window stylee. Yout is not the most user-friendly of apps.

today's howtos

Leftovers: Gaming

  • Avoid the pile-up in 'Clustertruck', a first-person platformer with day-1 Linux support, it's great
    We have been steadily getting more 3D "beat the timer" games where you're up against others times, which is great because they really can be fun. I do love getting competitive in certain games, especially with some of my Steam friends and friends in the wider community. Games like this recently have been something I've been repeatedly going back to for a break from life. Clustertruck is not only about beating the times of other people, but it's also a "the floor is lava" game, so if you touch the floor you have to start again. The really funny thing is that the safe pads are moving trucks you have to keep up with. You can at least grab onto the back of a truck if you just about touch it, so it's not always instant death.
  • Fusion 3, the next generation game engine and editor from Clickteam will support Linux
    The difference between their tools and others, is the event system. Instead of needing to program every single line, you can stack up events and link them together to create a game. It works quite well and I'm pretty excited to give Fusion 3 a go on Linux myself to see what random games I can create for fun.