Here are a few bigger stories that have occurred on the web over the last 2 days that might be of interest:
- News broke on the Internet that Zappos.com has been acquired by Amazon.com for $920 million as reported, Zappos.com CEO Tony Hsieh has written a letter to employees to share the future of Zappos, also out this great video below by Amazon’s CEO, Jeff Bezos
[youtube]http://www.youtube.com/watch?v=-hxX_Q5CnaA[/youtube]
- Yahoo reported their quarterly earnings on Tuesday with revenues of $1,573 million for the quarter ended June 30, 2009, a decrease of 13 percent from the same time period in 2008
- Despite having a lack luster quarter Yahoo’s gone shopping to the tune of $80 million as they’ve acquired Xoopit according to a blog post on Yahoo’s site “Xoopit will bring phenomenal photo organization, improved photo sharing, and the serendipity of discovering forgotten photos to Yahoo! Mail”
- eBay reported their Q2 earnings for the quarter ending June 30, 2009, revenue of $2.10 billion, a $97.7 million year-over-year decrease
- Apple’s up as they report Q3 earnings of $8.34 billion for the quarter ending June 27, 2009 (up 12%)








