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NEW YORK— Google has bought Titan Aerospace, a maker of solar-powered drones, saying it could help bring Internet access to remote parts of the world as well as solve other problems.
Known as Russia's answer to Facebook, VKontakte has been the focus of an ownership battle since last April when the United Capital Partners fund bought 48 percent of the shares, becoming its then biggest shareholder.
GOOGLE: Google Inc built its business with its Web search engine, but more than any other Internet company, it has led the way in expanding to new horizons. In February, Google announced plans to acquire Nest, which makes smart thermostats and smoke alarms.
"Companies are really digging in on identifying what areas it makes sense to focus their benefits programs," said Robert Newbury, director at pay consulting firm Towers Watson.
CNBC's Morgan Brennan reports Facebook's CEO Mark Zuckerberg received $653 thousand in 2013 total compensation.
NEW YORK, March 28- In the weeks leading up to the IPO of King Digital Entertainment, the company's bankers scrambled to persuade investors that the maker of popular online game "Candy Crush Saga" was more than a one-trick pony, according to a source familiar with the situation.
SAN FRANCISCO, March 27- Facebook Inc is harnessing satellite, drone and other technology as part of an ambitious and costly effort to beam Internet connectivity to people in underdeveloped parts of the world.
SAN FRANCISCO, March 27- Facebook Inc is harnessing satellite, drone and other technology as a part of an ambitious and costly effort to beam Internet connectivity to people in underdeveloped parts of the world.
Facebook's buy of virtual reality headset maker Oculus is prompting some to wonder if CEO Zuckerberg is already living in an alternate reality.
Some gamers may not be too happy about Facebook's deal to buy virtual reality hardware maker Oculus.
Jon Steinberg, BuzzFeed president & COO, discusses Facebook's purchase of Oculus VR and the impact it will have on its gaming platform.
Bubba Murarka, Draper Fisher Jurvetson partner, discusses Facebook's move into the virtual reality market with its $2 billion purchase of Oculus VR and the risk Mark Zuckerberg is taking.
The "Squawk on the Street" news team discuss Facebook's purchase of Oculus VR for $2 billion.
The social media giant is getting into the virtual reality game, reports CNBC's Jon Fortt with details of the deal and a look at how Oculus works.
SAN FRANCISCO, March 25- Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal.
SAN FRANCISCO, March 25- Facebook Inc will acquire Oculus VR Inc, a maker of virtual-reality glasses, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal.
Internet companies, including Facebook Inc and Google Inc, met with President Barack Obama on Friday to discuss their concerns over government surveillance programs. Executives were seen entering the White House around 4 p.m. EDT and leaving more than two hours later.
CNBC's John Harwood reports President Obama is meeting with technology CEOs Friday afternoon, including Facebook CEO Mark Zuckerberg.
Yet Proofpoint Inc, a $1.6 billion market cap email security company, is catching the eye of fund managers by gaining share in a market that many investors have left for dead. Twenty-six small-cap funds added Proofpoint to their portfolios over the last quarter, a nearly 15 percent increase from the quarter before, Morningstar data show.
Twitter CEO Dick Costolo will meet Shanghai government officials, academics and students in his first visit to China.