BOSTON, March 14- Hedge fund manager William Ackman said on Thursday that Herbalife Ltd, the nutritional supplements company he is betting against, was similar to another multilevel marketing company that U.S. regulators shut down in January.
*Was consultant for Allied Veterans of the World. TALLAHASSEE, Fla., March 13- Florida Lieutenant Governor Jennifer Carroll abruptly resigned after an Internet cafe company that was her former consulting client was linked to an alleged illegal gambling racket, state officials said on Wednesday.
MENLO PARK, Calif., March 7- Facebook Inc introduced a visually richer, mobile device-oriented "newsfeed" on Thursday, in the most significant changes to date for the social network's most recognizable feature.
TORONTO, March 6- Torstar Corp, publisher of the Toronto Star, Canada's largest daily newspaper, cut 67 jobs and said it would rein in costs in 2013 as the revenue outlook from its main media business remained uncertain. Torstar, like many publishers in North America, has struggled with declining print advertising.
LONDON, March 1- WPP, the world's biggest advertising company, reported a stronger-than-expected rebound in revenue growth at the end of 2012 and nudged up its forecast for this year, citing signs of improving business confidence.
SAN FRANCISCO, Feb 28- Facebook Inc said on Thursday it agreed to buy advertising technology from Microsoft Corp that measures effectiveness of ads on its site, which should help in its fight with Google Inc for online ad revenue.
BARCELONA, Feb 28- A strange phenomenon hit Hong Kong in late 2011.. As the clock hit 10 pm each night a Coca Cola ad aired on television, prompting thousands of viewers to grab their phones and start shaking them frantically to virtually "catch" the falling bottle caps on the screen and win instant prizes.
Feb 22- Interpublic Group of Cos, home to advertising agencies McCann Erickson and Draftfcb, reported a marginal decline in quarterly revenue after losing big accounts from Microsoft Corp and SC Johnson& Son Inc.
Feb 22- Interpublic Group of Cos, home to advertising agencies McCann Erickson and Draftfcb, reported marginally lower quarterly revenue as both domestic and international markets weakened. Excluding the impact of the Facebook transaction during the fourth quarter of 2012, it earned 56 cents per share.
Feb 22- Interpublic Group of Cos, home to advertising agencies McCann Erickson and Draftfcb, said it expected to return to growth this year after revenue declined in 2012 due to the loss of big accounts including Microsoft Corp's North America media-buying business.
Feb 19- Sina Corp posted better-than-expected fourth-quarter revenue and profit amid concerns about the slowing growth of Chinese online advertising. The softer advertising market, due to a weaker economic environment, has also hit Sina peers Baidu Inc and Sohu.com Inc..
Feb 12- Omnicom Group Inc, the largest U.S. advertising company and home to agencies such as BBDO Worldwide and DDB Worldwide, reported a better-than-expected fourth-quarter profit on higher revenue in its domestic market.
Feb 12- Omnicom Group Inc, the largest U.S. advertising company and home to agencies such as BBDO Worldwide and DDB Worldwide, reported a better-than-expected fourth-quarter profit on higher revenue in its domestic market.
Feb 8- AOL Inc on Friday reported its first quarterly revenue growth in eight years on strong search and advertising sales, sending shares up as much as 14 percent. The company said total revenue rose 4 percent to nearly $600 million in the fourth quarter, beating analysts' estimates of $573.7 million, according to Thomson Reuters I/B/E/S.
MANILA/ HONG KONG Feb 5- Philippine Long Distance Telephone Co said it will sell a majority stake in its business process outsourcing unit to private equity firm CVC Capital Partners Ltd- a deal that underlines rising interest in the Philippines as an investment destination.
District Judge Jed Rakoff in Manhattan ordered Motey to forfeit $40,000 and to serve a year of supervised release, for conspiracy and securities fraud. In 2005, the Wall Street Journal named Motey a top securities analyst in the semiconductor industry, and a year later he started the Coda Group research consulting company in Los Altos, California.
District Judge Jed Rakoff in Manhattan ordered Motey to forfeit $40,000 and to serve a year of supervised release, for conspiracy and securities fraud. In 2005, the Wall Street Journal named Motey a top securities analyst in the semiconductor industry, and a year later he started the Coda Group research consulting company in Los Altos, California.
SAN FRANCISCO, Jan 30- Facebook Inc doubled its mobile advertising from the previous quarter as the world's No. 1 social network expanded its business aggressively onto handheld devices. Shares of Facebook were flat at $31.24 in after hours trading on Wednesday, regaining ground after falling more than 8 percent immediately after the numbers were released.
SAN FRANCISCO, Jan 30- Facebook Inc's advertising business grew at its fastest clip since before the company's May initial public offering, helping the company's revenue expand 40 percent to $1.585 billion.
Jan 28- Yahoo Inc reported net revenue of $1.22 billion in the fourth quarter, up 4 percent year-on-year, as an increase in search advertising revenue offset weakness in the Web portal's display ad business. Yahoo shares rose 4.5 percent to $21.22 in after hours trading on Monday.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."