The U.S. antitrust approved of Facebook's acquisition of Oculus, a maker of virtual reality goggles. It is Facebook's third big acquisition.» Read More
SAN FRANCISCO, April 23- Facebook Inc has a message for Wall Street: Don't expect new revenue streams anytime soon.
Apple increases stock buyback, raises dividend. CUPERTINO, Calif.— Apple Inc. plans to buy back an additional $30 billion of its stock and raise its quarterly dividend by 8 percent amid a slowdown in revenue growth.
NEW YORK— Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue.
MOSCOW— The founder of Russia's leading social media network— a wunderkind often described as Russia's Mark Zuckerberg— has left his post as CEO and fled the country as cronies of President Vladimir Putin have made steady inroads into the company's ownership.
WASHINGTON, April 23- Social network giant Facebook Inc has won U.S. antitrust approval to buy Oculus VR Inc, a two-year-old maker of virtual reality goggles, the Federal Trade Commission said on Wednesday. Facebook said on March 25 that it planned to buy Oculus for $2 billion in its first-ever hardware deal.
BOSTON, April 21- Will Danoff, who runs Fidelity Investments' behemoth Contrafund, is frustrated by his lagging performance this year and is pruning his exposure to cloud software stocks that got clobbered recently in a swift and hard-hitting downturn.
There are as many ways to negotiate as deals. Effective tactics in one deal might not work in another. Here's how one expert influenced negotiations.
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.
The FMHR traders discuss reports Facebook will allow users to store and exchange money on the site.
Julie Goodridge, NorthStar Asset Management CEO, explains why Facebook shareholders are upset with the company's political contributions.
A look at some tech billionaire's wealth offers a lesson in tech stock volatility.
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.