<![CDATA[Gawker: valleywag, yahoo finance]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, yahoo finance]]> http://gawker.com/tag/valleywag/yahoofinance http://gawker.com/tag/valleywag/yahoofinance <![CDATA[Google's share price swings $200 in a few minutes?]]> Okay, now I have no idea what to believe when it comes to Google's share price. Note in the above picture that both Yahoo Finance and Google Finance are reporting Google down to a 52-week low — after a sudden, forty-point drop right at the end of the day. But in after-hours trading, Google is back up over $400. Initially, Yahoo even had the stock all the way down to $200. Even MarketWatch got taken in by the wild swing. What's going on?

This is after Google Finance was misreporting lots of share prices yesterday evening. But this was official enough to trigger a 52-week low notification for users of the Fidelity Investments site. Any of you market obsessives out there want to explain what's going on? Technical glitch, or some sort of wily trader gamesmanship? Because if somebody actually caught a nearly 200-point swing in a trade of Google shares, they just made a mint.

Update: Even MSN Money reported a day low of $0.01, generally a sign that trading has been halted for some reason. Curioser and curioser. NASDAQ is investigating, with CNBC reporting that NASDAQ cancelled some trades, and set the official closing price at $400.52. As one tipster speculated based on reports of a low at $200, "I bet you a nickel some ass traded 400 shares at 200 instead of 200 shares at 400."

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<![CDATA[Google Finance shaves $10 off Google's stock price drop]]> Folks watching the financial meltdown on Wall Street on Google Finance yesterday might not have freaked out as much as everyone else because Google was providing erroneous data, even about its own share price. Rather than a $50 drop, the site only showed a $40 drop for GOOG, though still well under $400. The numbers were fixed this morning just in time for the open of the trading day. No word from Google on what went wrong. The good news for Google shareholders is that the share price has climbed in after-hours trading — at least according to numbers from Yahoo Finance, which reported correct numbers the whole time.

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<![CDATA[Google getting into sports?]]> Watch out, ESPN.com: Google's after your fans. Derrick Eckhardt, a writer at fantasy-sports news site RotoNation, noticed that Google's serving up sports scores to mobile users. Eckhardt's sources tell him that Google has been looking at the sports market for a year, and greenlit a secret project to enter the sports-information business last November. There's no Google Sports portal, and no sign of the effort on Google's regular Web search. Should the likes of ESPN and Yahoo Sports be worried? Google Finance has yet to make a dent in Yahoo Finance. But remember how Google used to point users who typed in street addresses to Yahoo Maps? After Google created its own maps site, the links to Yahoo Maps swiftly disappeared. (Photo by Derrick Eckhardt)

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<![CDATA[Yahoo launches Tech Ticker ... sort of]]> In a repeat of last week's failed launch of lifecasting service Yahoo Live, Yahoo's new online finance show Tech Ticker has launched with a broken page. If the millions of users exposed to it could see it — the show is prominently placed throughout the site — they'd learn that it is hosted by BusinessWeek's Sarah Lacy and TheStreet.com veteran Aaron Task, with contributions from the likes of Paul Kedrosky and Silicon Alley Insider's Henry Blodget (interviewed in one of the first episodes). After being down for more than 20 minutes, Tech Ticker seems to be back up ... sort of. The interview with Blodget is viewable on the Tech Ticker website but now the embed code seems to be broken. How much money is this company worth again? If they find an engineer to fix it, here's the clip:

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<![CDATA[We hear that Yahoo TechTicker, the online-video...]]> We hear that Yahoo TechTicker, the online-video show from Yahoo Finance featuring Valley fox Sarah Lacy and red-hot moneymen Henry Blodget and Paul Kedrosky, is delayed, and won't be airing early episodes next week as rumored. Dammit! Scott Moore, we blame you for this, too.

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<![CDATA[Michael Arrington's Sarah Lacy fantasies indulged by Yahoo]]> http://valleywag.com/assets/resources/2008/01/techticker-thumb.jpgYahoo TechTicker may launch as soon as next week, reports Michael Arrington. The TechCrunch editor then spins off into lurid fantasy: "Screen shots are starting to leak, and we have this one with Lacy and Blodget just prior to locking into a passionate embrace, I'm sure." Heavens, Michael. No wonder Lacy tried to cool your jets in Hawaii. Besides, we prefer to imagine Blodget, a known admirer of male beauty, canoodling* with Paul Kedrosky, the ruggedly handsome VC pundit who's also appearing on TechTicker.

*In the sense of "persuading, especially with flattery," you dirty birds. What did you think I meant by "canoodling"?

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<![CDATA[AOL launches me-too finance video]]> AOL Running ManFollowing Yahoo into the murky depths of online-finance video, AOL is launching a revamp of its AOL Money & Finance site with video prominently included. Yahoo Finance and Microsoft's MSN Money are the top two finance sites by a wide margin. AOL is hoping to give its users compelling reasons to stick around, rather than risk their discovery of better sites like the woefully underpublicized Google Finance.

Sarah LacyWe can't see AOL making a serious run at Yahoo, whose Finance and News portals are tops in share in their respective markets and are a big reason for the continued success of the company. However, it's a good start. AOL, at the least, needs to keep its fleeing dial-up users before it's too late. But is it too little, too late? Probably. Yahoo Finance's producers are clever enough to put Valley fox Sarah Lacy front and center. Even the revamped AOL finance site has nothing close to her.

(Photo by mav.mbecker.net)

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<![CDATA[The return of Yahoo FinanceVision]]>

Remember Yahoo FinanceVision? It was Yahoo's attempt to imitate CNBC, except on your computer. Launched in 2000, with an annoyingly overenthusiastic commercial embedded above, dragged on for two years before declining online advertising revenues put a bullet in it. We hear it's rising from the grave. We've confirmed that BusinessWeek columnist and certified Valley Fox Sarah Lacy has been signed as a talking head. Other rumored contributors include VC blogger and TV pundit Paul Kedrosky and manflesh connoisseur Henry Blodget, the disgraced Wall Street analyst and founder of Silicon Alley Insider. Blodget, at least, has experience talking up stocks.

So why bring back this idea of Internet-video finance coverage? Reasons why FinanceVision failed the first time included its supremely buggy technology and low broadband use. (For a more accurate version of how it looked to consumers seven years ago, check out this choppy interview with Sports Illustrated swimsuit model Yamila Diaz.) We're rooting for Lacy, Kedrosky, and Blodget to succeed. But we wouldn't be shocked if Yahoo Finance's new TV programming fails, given Yahoo's on-again, off-again mood when it comes to original content. If it does tank a second time, will the new anchors still tear up during their final episode?]]>
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<![CDATA[How John Mackey almost gave himself away — and I missed it]]> John Mackey, apologetic for a changeAfter initially insisting he'd done nothing wrong, Whole Foods Market CEO John Mackey has apologized for posting messages about his company and the competition under the pseudonym "Rahodeb." Most people are celebrating the reversal. But I'm kicking myself. I should have known. I, of all people, should have known.

When I was reporting on the meltdown of Mackey's dotcom spinoff, WholePeople, some Whole Foods employees whispered to me about Mackey's love of Yahoo Finance's message boards. It was a tip I didn't have time to follow up on as I chased down the details of how Mackey's absences, followed by meddling, botched WholePeople's launch. Towards the very end of my reporting, days before the story went to press, Mackey answered some questions by email. And that's where he almost — almost — gave himself away.

Whole Foods had agreed to sell what was left of WholePeople to Gaiam, an e-commerce company founded by Jirka Rysavy, a close friend of Mackey. Mackey agreed to be Gaiam's co-CEO. I asked him if that role would distract him from running Whole Foods. Here's what he told me on July 15, 2000:

I'll decrease my involvement there as the transition is complete.... My title of co-CEO of Gaiam.com is largely titular and transitional.
And here's what "Rahodeb," Mackey's online alter ego on Yahoo, posted that same month, according to the Wall Street Journal:
I doubt Mackey will stay heavily involved with Gaiam.com. I expect his CEO role is more transitional and titular.
If only I'd seen that post, I'd have known instantly who "Rahodeb" was. But it's strangely reassuring to find out, seven years later, that Mackey really was just as dishonest and deceitful as his employees were telling me he was.

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