Facebook said service to the world's largest online social network was fully restored on Friday, following a widespread outage that affected users in multiple countries.» Read More
SAN FRANCISCO, Aug 1- Facebook Inc said service to the world's largest online social network was fully restored on Friday, following a widespread outage that affected users in multiple countries. "Earlier this morning, some people had trouble accessing Facebook for a short time.
SAN FRANCISCO, Aug 1- Facebook Inc, the world's No.1 social network, suffered a service disruption on Friday that made the website unavailable to some users. Some visitors to the site were greeted with a message that read "Sorry, something went wrong. Reuters was aware of users having trouble accessing the site in the United States, Chile and India.
NEW YORK— Shares of LinkedIn Corp. jumped Thursday after the professional networking service reported a second-quarter loss but still topped analysts' expectations. LinkedIn posted a loss of $1 million, or 1 cent per share, compared with a profit of $3.7 million, or 3 cents per share, in the same quarter a year earlier.
July 31- Corporate networking site LinkedIn Corp forecast better-than-expected adjusted profit and revenue in the current quarter, helped by a rapid rise in its hiring business.
NEW YORK— Twitter said government requests for user data grew sharply in the past six months as more countries asked for a greater amount of information about users.
Ron Insana says he expects a near-term correction. He's out of stocks and has taken short positions.
Paul Meeks, who ran two technology-based mutual funds in the 1990s, recalls the perks and perils of the dot-com boom and bust.
Apple Inc. fell 2.6 percent to $95.60 with 55,014,100 shares traded. BlackBerry Ltd. fell 3.9 percent to $9.33 with 24,706,500 shares traded. Cisco Systems Inc. fell 1.6 percent to $25.23 with 27,308,200 shares traded.
Silicon Valley is "alive and well," but the level of prosperity depends on the tech sector, Oracle Chairman Jeffrey Henley tells CNBC.
NEW YORK— Facebook's Internet.org project is taking another step toward its goal of bringing the Internet to people who are not yet online, launching an app Thursday in Zambia. The Internet.org app will give subscribers of Zambia's Airtel phone company access to a set of basic Internet services for free.
SAN FRANCISCO, July 31- Facebook Inc is launching a mobile app that gives users in Zambia free access to a handful of online services on mobile phones, broadening an effort to boost Internet usage in underdeveloped countries.
Apple Inc. fell. 2 percent to $98.15 with 19,307,000 shares traded. Cisco Systems Inc. fell. 4 percent to $25.60 with 12,686,700 shares traded. Facebook Inc. rose 1.6 percent to $74.88 with 23,281,300 shares traded.
July 30- The surge in Twitter Inc's shares has revived debate about whether the stock warrants a valuation that is five times that of Facebook Inc, its biggest rival in social media. Twitter reported on Tuesday that its active users jumped 24 percent to 271 million in the second quarter.
Some of Wednesday's midday movers:
Bankers and MBAs are increasingly moving into the tech sector—and tech companies are ready for them.
*Twitter rallies after blockbuster results. NEW YORK, July 30- U.S. stocks were flat on Wednesday, paring earlier gains as a strong read on second-quarter economic growth sparked concerns the Federal Reserve may adjust its stimulus earlier than expected.
Snapchat is reported to be in talks with Alibaba and other investors for a round of financing that may value it at up to $10 billion.
Facebook is killing off the Gifts remainder that allowed people to order digital gift cards through the site. Re/Code reports.
*Twitter rallies after blockbuster results. *Biotechs rally on Amgen results, Regeneron trial data. Twitter Inc surged on heavy volume, jumping 25 percent to $48.25 in its biggest one-day advance ever after reporting that monthly active users had risen a better-than-expected 24 percent in the second quarter.
*Twitter rallies in premarket after blockbuster results. NEW YORK, July 30- U.S. stock index futures pointed to a higher open on Wednesday after the first read on second-quarter economic growth came in much stronger than expected, overshadowing a weak report on the labor market.