Social media giant Facebook reported bumper earnings growth on Wednesday, but some analysts have called into question how long the party will last.» Read More
Facebook is testing "Collections," which will allow users to share products and even buy the items through the social network.
People can click through and buy these items off of Facebook, " Facebook said in a statement. The feature, which Facebook has dubbed Collections, could help Facebook play a bigger role in the online commerce market by encouraging its 1 billion users to buy products for their friends and by sending shoppers directly to online stores.
Oct 8- Facebook Inc has proposed a revised $20 million settlement in a class action lawsuit accusing it of violating the rights of users through its "Sponsored Stories" advertising feature after a U.S. judge rejected an earlier accord.
Stocks ended lower in thin trading Monday, with the Dow pulling back after hitting a five-year high, amid jitters over global growth and ahead of what many forecast will be a weak earnings season.
Oct 8- An outage that cut phone and data service to Sprint customers in parts of California, Oregon and Washington also grounded some Alaska Airlines passengers on Monday as it knocked the air carrier's reservations system off line.
WEST CHESTER, Pa.-- It's a Sunday afternoon, and David Venable is in his element: on the air, in one of the kitchens at the QVC home shopping network, chatting a mile a minute about bakeware on his popular show, "In the Kitchen with David."
BTIG analyst Rich Greenfield explains why he downgraded Facebook to sell, with a $16 price target. "Facebook should be doing things that add to the user experience, not detract from it," he says.
Time to short financials, and bet on gasoline refiners? Those were the two big calls that the traders made on Friday’s episode of “Options Action.”
Start-up companies may be more reluctant to go public after the volatility that has hit stocks like Groupon, Zynga and Facebook following their initial public offerings, according to two venture capitalists and Groupon co-founders.
A recently launched iPhone app offers consumers the chance to browse local bars’ menus or search for a specific beer before they hit the town.
Although President Obama is widely seen as a friend of the tech industry, Mitt Romney has made clear inroads in Silicon Valley, The New York Times reports.
Lockitron's second product launch and growth illustrate how social media and crowdfunding—including Kickstarter—are transforming the way entrepreneurs do business.
*BTIG cuts Facebook to sell rating- Analyst Ratings Network For a summary of rating and price target changes on U.S. companies:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
But the speech in many ways was also as much about style as it was about substance, and the 61- year-old Morsi, the first freely elected president in Egypt's history, used his address to project the image of an energetic leader in touch with the needs of the people.
ZURICH, Oct 8- Rifts among top UBS managers are hampering Chief Executive Sergio Ermotti's efforts to make big cutbacks, especially in investment banking, according to senior sources both inside and close to the bank.
Oct 8- Polycom, which competes with Cisco in videoconferencing, hopes to move ahead of the pack with its new cloud-based product in a market it says will be worth $12 billion by 2015..
Take a look at some of Mondays morning movers.
Jay Elliot, CEO of Nuvel and former Apple senior VP, offers lessons for Hewlett-Packard as it competes with Apple. Carly Fiorina, former Hewlett-Packard CEO, weighs in.
SAN FRANCISCO, Oct 8- Zynga Inc's inexorable decline over the past six months, capped by a sharp reduction in its 2012 outlook on Thursday, has sharpened interest in what Chief Executive Mark Pincus will do next. Zynga did launch several such games this year, including "The Ville" and "ChefVille," and is working on several more.
What was Wall Street saying about earnings season, Google hitting an all-time high, Facebook’s 1 billion users and European bank stocks? Find out in this week’s CNBC.com Stock Blog Roundup.