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Google smashes Q3 expectations with $9.7B in revenue

Search giant Google brought in $9.72 billion in the third quarter this year — or $7.5 billion minus traffic acquisition costs. That amount crushed consensus Wall Street analyst estimates of $7.23 billion, and is a 33 percent increase from the same quarter one year ago.

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Box.net closes extension round worth $81M

Cloud storage provider Box.net today announced it has closed an $81 million extension to its fourth round of funding, which includes new investors New Enterprise Associates and Bessemer Venture Partners.

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iPhone 5, or iPhone 4S? Here’s what we expect to see from Apple

Expectations are extremely high for Apple’s new iPhone event tomorrow, where the company will unveil its latest flagship mobile device. Apple’s new chief executive, Tim Cook, will also be under pressure to repeat the success of the company’s last CEO, Steve Jobs, who left the company in August. Janney Capital Markets analyst Bill Choi said today that he expects Apple to sell around 107 million iPhones this year.

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Zillow, Pandora only fresh IPOs to outlast market slip

Continued uncertainty about financial stability in Europe and a government deadlock in the United States struck publicly-traded equities on Thursday, sending the tech-heavy NASDAQ index down 3.3 percent and below a technical level of support that might indicate future weakness.