Twitter CEO Dick Costolo announced Fabric, a toolkit designed to "enable mobile developers to focus on building great apps."» Read More
SAN FRANCISCO, April 30- Facebook introduced new features on Wednesday that let users limit how much personal information they share with third-party mobile apps, a move meant to quell privacy concerns as the social network seeks to become a top entry port to the Internet.
Stocks closed out April with a bang and many watchers believe this is not the year to sell in May.
Facebook rolled out a new service that it envisions will distribute ads across a network of mobile applications.
*Twitter hits record intraday low, eBay also down after results. NEW YORK, April 30- U.S. stocks rose and the Dow ended at a record high on Wednesday after the Federal Reserve gave an upbeat view of the economy's prospects as it announced another cut to its bond-buying program.
U.S. stocks fell on Wednesday after data had economic growth stalling in the first quarter.
SAN FRANCISCO, April 30- Facebook Inc rolled out a new service that it envisions will distribute ads across a network of mobile applications, opening the door to a new source of revenue for the Internet social network.
Citigroup founder and philanthropist Sandy Weill said that young entrepreneurs and executives should start giving to charity as early as possible.
Here's why Twitter isn't making a big deal out of its drop in active users, says Buzzfeed's Jon Steinberg.
Twitter or Facebook? Shane Snow, Contently.com chief creative officer, says Twitter is massively underrated. Larry Fishelson, Dynalink, says Facebook will have explosive growth and their ad model is a long-term sustaining beast.
CNBC's Seema Mody digs into Twitter and Facebook earnings and looks at what's driving their divergence.
Oil falls toward $108 on supply build, Libya prospects. Wall Street initially slid after the Commerce Department said U.S. gross domestic product expanded at a 0.1 percent annual rate in the first quarter, the slowest pace since the fourth quarter of 2012..
*Twitter hits record intraday low, eBay also down after results. NEW YORK, April 30- The Dow and S&P 500 added to gains while the Nasdaq turned positive on Wednesday after the Federal Reserve gave an upbeat assessment of the economy's prospects as it announced another cut in its massive bond-buying program.
CNBC's Herb Greenberg explains why he is blaming Wall Street for Twitter's troubles.
*Twitter hits record intraday low, eBay also down after results. Steady as she goes, "said Wayne Kaufman, chief market analyst at Rockwell Securities in New York. EBay remained the biggest negative influence on both the S&P 500 and Nasdaq.
News travels fast on Twitter. That much is obvious. But ever wonder how fast exactly? And to where?
Thomas Hoenig, vice chairman of the Federal Deposit Insurance Corp, made the comments after Bank of America announced earlier this week that it would have to re-do its test results after discovering a calculation error that led it to overstate its capital levels by about $4 billion.
We think there are significant obstacles ahead, says Peter Stabler, Wells Fargo, discussing Twitter's user growth and engagement issues.
*Twitter hits record intraday low, eBay also down after results. Exelon to buy Pepco Holdings, Pepco shares rally. NEW YORK, April 30- U.S. stocks were little changed on Wednesday after data showed the economy grew at a sharply lower-than-expected pace in the first quarter, but gains in private payrolls kept the market near break-even.
"I see earnings growth pulling the market higher," says Tobias Levkovich, Citi chief U.S. equity strategist, discussing the strength of the U.S. economy.
AHMEDABAD, India, April 30- Police opened a investigation against Hindu nationalist Narendra Modi, tipped to be India's next prime minister, after he flashed his party's symbol and made a speech after casting his vote in a violation of election rules.