Patricia Garner

In 2015, Yahoo’s management expects that MaVeNS will contribute more than $1.5 billion of revenue to Yahoo’s overall business.

BAM exited its position in Newfield Exploration Co. in 3Q14. It accounted for 1.31% of BAM’s second quarter portfolio. NFX is an energy company.

Davidson Kempner Capital Management initiated a new position in CBS Corporation (CBS) that accounted for 1.55% of the fund’s 3Q14 portfolio.

Ireland-based Covidien is a global healthcare leader that offers innovative medical technology solutions and patient care products to providers.

The company has now stopped including results from Microsoft’s Bing search engine through the Facebook search.

MLM’s 4Q14 net sales were up 59% to $779.5 million, compared with net sales of $491.4 million in 4Q13. It beat its 4Q14 revenue estimates by $84 million.

JPMorgan’s latest 2Q14 results beat estimates. Meanwhile, net income was down to $6 billion from $6.5 billion in 2Q13. The earnings per share (or EPS) was $1.46, compared to $1.60 in 2Q13.

AQR Capital sold a position in GEO Group Inc. in 2Q14. The company accounted for a 0.0206% position in the fund’s first quarter U.S. long portfolio.

Allison Transmission and its subsidiaries design and manufacture commercial and defense fully automatic transmissions. In 4Q14, net sales grew 11% to $544 million.

On December 15, 2014, Yahoo completed the acquisition of BrightRoll for ~$640 million in cash. It’s the industry’s leading programmatic video advertising platform.

The investment in silver mining stocks appears to be based on the view that the stocks could outperform the market. This is due to a rise in consumer demand for silver.

Yahoo plans to make Tumblr similar to YouTube and is trying to convince some of Google’s top YouTube stars to make Tumblr their exclusive video distributor.

Magnetar started a new position in BABA in 3Q14. The position accounts for 4.05% of the fund’s total portfolio in the third quarter. BABA is the largest e-commerce player in China.

Allegion provides security solutions for homes and businesses, employing more than 8,000 people and selling products in more than 120 countries across the world. Allegion reported third-quarter 2014 net revenues of $546.7 million, up 3.3% compared to the previous year.

Coatue Management added a new position in Level 3 Communications Inc. (LVLT) during the third quarter. The stock accounted for 1.46% of the fund’s 3Q14 portfolio.

Since its inception in the early 90’s, online advertising has exponentially increased in growth.

Maverick Capital lowered its position in Baidu, Inc. in 3Q14. The position accounts for 0.36% of the fund’s total portfolio in the third quarter.

For the quarter ending in December 2014, Alibaba achieved 265 million monthly active users on its mobile commerce apps. This is a sequential growth of 22%.

Part of the reason for Alibaba’s GMV growth was the growth in its active user base. The growth was driven by an increase in active buyers throughout China.

Across its China retail marketplaces, Alibaba’s gross merchandise volume grew by 49% YoY. It was driven by strength in Taobao Marketplace and Tmall.com.

eBay’s take rate fell from 3.79% in 2Q13 to 3.53% in 2Q14. However, the company isn’t worried about it since take rate is offset by healthy revenue growth.

There’s been a lot of media speculation around the strategy that Facebook (FB) will adopt to monetize WhatsApp.

Average revenue per user (or ARPU) is another important metric for Internet companies. It provides an idea of how well a company can monetize its user base.

In May 2013, Yahoo announced that it planned to acquire Tumblr, a blogging site, for $1.1 billion. Tumblr is one of the fastest-growing media networks in the world.

We’ll look at Yahoo’s search market business. In the third quarter, Yahoo (YHOO) generated 41% of its revenue from the search advertising business.

In 2013, globally mobile internet user penetration was 73.4%. It will be more than 90% in 2017. Internet users had mobile internet usage on smartphones and tablets.

Display advertising is a type of online advertising that appears next to content on websites, instant messaging (or IM) applications, and email.