Twitter's 'number two' head honcho told CNBC he was not concerned about the number of its users who were choosing not to 'tweet.'» Read More
Automated trading and government regulation are transforming the Wall Street ecosystem. Will these forces make the financial epicenter obsolete?
*Tech results lift Nasdaq futures, Apple and Facebook rally. *Attention on Apple after announcing seven-for-one stock split. NEW YORK, April 24- U.S. stock index futures were higher on Thursday, with Nasdaq futures jumping more than 1 percent following a pair of blowout results from technology stalwarts Apple and Facebook.
SAN FRANCISCO, April 23- Apple Inc just bought itself some much-needed time. To top it all off, Apple unveiled a 7- for-1 stock split that should go down well with individuals who want a piece of a household name but could not afford to fork over $500 a share.
Greenlight Capital's David Einhorn may think we're in a tech bubble, but trader Jim Iuorio believes he's wrong.
*Netflix results lift Wall St, deal talk buoys Europe. NEW YORK, April 22- Global equity markets rose on Tuesday, powered by solid U.S. corporate earnings and deal-making activity among European drugmakers, while the euro hovered near break-even on uncertainty whether the European Central Bank will further ease monetary policy.
Jen Psaki of the State Department suggested that Vladimir Putin could be sanctioned by the US over the crisis in Ukraine, but not immediately.
NEW YORK, April 21- Twitter Inc has won the dismissal of an unusual lawsuit accusing the social media company of fraudulently arranging a private stock sale it never intended to complete, with a goal of stoking interest in its November 2013 initial public offering.
Square has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash.
The company spoke to Google Inc earlier this year about a possible sale, the Journal reported, adding that it wasn't clear whether the talks are continuing. Square also had informal discussions about a deal with Apple and eBay Inc's PayPal in the past, but those conversations never developed into serious talks, the Journal said.
*Action follows meeting between Twitter and Turkish officials. ISTANBUL, April 20- Two anonymous Twitter accounts used to release secretly recorded conversations implicating family and associates of Turkey's prime minister and senior government officials in a corruption scandal appeared on Sunday to have been blocked.
DUBAI, April 20- Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, reported a 14.8 percent increase in first-quarter net profit on Sunday, citing higher income from investments.
RIO DE JANEIRO, April 18- Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering, Brazilian media reported on Friday.
SAN FRANCISCO/ HONG KONG, April 17- Weibo Corp executives on Thursday toasted the Chinese social media firm's debut at Nasdaq's New York headquarters.
Facebook’s innovation engine may have stalled, but Mark Zuckerberg has been revamping the way it creates and distributes new services. NYT reports.
SAN FRANCISCO, April 17- Shares of Weibo Corp rose 19 percent in their U.S. debut on Thursday, sweeping aside concerns that Chinese censorship will hurt the growth of the country's Internet sector and broader worries about lofty tech-stock valuations.
April 17- Fund and pension investors who are watching their biotech and social media stakes melt before their eyes may well feel they've had their pockets picked by self-serving investment managers. William Janeway, economist and venture capital veteran, put it well at the Institute for New Economic Thinking conference last week:.
Stocks wavered between gains and losses on Thursday amid a slew of quarterly earnings.
SAN FRANCISCO, April 17- Shares of Weibo Corp rose as much as 41 percent in their U.S. debut on Thursday, sweeping aside concerns that censorship in China will hurt the growth of the country's Internet sector and broader worries about the outlook for tech-sector stocks.
Hedge funds continued to be burned in April by volatility in tech and other stocks following losses in March.
April 17- Shares of Weibo Corp, the owner of a Chinese Twitter-like messaging service, rose as much as 14.6 percent in their U.S. debut, overcoming worries about the outlook for tech sector and concerns that censorship in China was affecting its user growth. That would make it the biggest internet company IPO since Facebook Inc's $16 billion IPO in 2012..