Asian equity markets were mixed on Thursday following overnight losses on Wall Street and amid caution as the region's earnings season kicks off.» Read More
SAN FRANCISCO, Oct 3- Venture capitalist Ben Horowitz is famous for starting his blog posts with rap lyrics. His firm, Andreessen Horowitz, announced Wednesday a $15 million investment in Rap Genius, a website using crowdsourcing to dig into and explain arcane details of rap lyrics.
Facebook is tracking users and looking at shopping and surfing habits online. Jamie Court of Consumer Watch Dog, explains why Facebook's latest experiment is wrong, while Rick Summer of Morningstar says Facebook will prove to be successful.
SAN FRANCISCO, Oct 3- Facebook Inc is letting users in the United States pay a fee to boost the visibility of their postings on the social network, the company's latest effort to look beyond advertisers for revenue.
NEW YORK, Oct 3- Nasdaq canceled some trades in shares of Kraft Foods Group that had pushed the stock up about 29 percent in just one minute, the latest in a string of trading glitches that have rattled market confidence. During the one-minute period, Kraft shares surged as high as $58.54 after opening at $45.44.
MILWAUKEE-- Jennifer Livingston has always rebuffed personal attacks, so when the Wisconsin television anchorwoman got an email from a viewer criticizing her weight, she thought nothing of it. Livingston took the airways Tuesday to respond to the email during a 4- minute segment on WKBT-TV in La Crosse, calling the writer a bully.
Are the markets running out of steam? My bet is that absent European drama, pullbacks will be shallow.
François Hollande’s Socialist government is facing a new tax revolt – this time not from big business protesting against the president’s 75 per cent income tax band but in the form of a viral online campaign by small French entrepreneurs furious about a jump in capital gains taxes, the FT reports.
*The parent company of T-Mobile USA, the struggling cellphone service provider, is in talks to buy MetroPCS Communications Inc as it fights to compete against two bigger rivals.
*SEC convenes roundtable following Knight error. The SEC convened the roundtable following a major glitch at Knight Capital on Aug. 1 that led to a $440 million trading loss that nearly bankrupted the firm. The SEC has also launched a broad review into technology issues at major brokerage firms.
TOPEKA, Kan.-- Hallmark Cards Inc. will close its Topeka manufacturing plant and shed about 300 jobs as it consolidates its Kansas operations at its remaining facilities in Lawrence and Leavenworth, the company announced Tuesday.
With Facebook's stock down 40 percent, the company is going on the offensive.
NEW YORK, Oct 2- A Florida fund manager admitted on Tuesday to tricking investors out of $13 million by falsely telling them he had put their money in coveted shares of Facebook Inc and Groupon Inc before the Internet companies went public.
Google shares hit a fresh all-time high on Tuesday, catapulting the company to become the second most valuable tech company briefly, but one analyst sees a troubling long-term trend for the search giant.
Carol Bartz, former CEO of Yahoo, offers her own thoughts on her successor at Yahoo, Marissa Mayer.
NEW YORK-- A Florida mutual fund executive on Tuesday admitted that he lied when he promised investors early shares in companies such as Facebook and Groupon and spent their money instead on a lavish lifestyle that included pricey cars and jewelry.
The annual Advertising Week conference is underway in New York and the big question this year is where are ad revenues growing and who's cashing in on that growth?
Facebook CEO Mark Zuckerberg speaks at Lomonosov Moscow State University on topics that range from Facebook and copyrights, to dropping out of school, reports CNBC's Carl Quintanilla.
BEIRUT-- An American freelance journalist who has been missing in Syria since mid-August has been shown in a video clip posted online, blindfolded and saying "Oh, Jesus" in a frightened voice in the custody of armed men. Tice, a 31- year-old former Marine, had been reporting on Syria's civil war for The Washington Post, McClatchy Newspapers and others.
SAN FRANCISCO, Oct 2- Professional social network LinkedIn Corp will let its users "follow" and receive updates from people outside their personal contact list, a move that could entice users to spend more time on its website.