Facebook’s innovation engine may have stalled, but Mark Zuckerberg has been revamping the way it creates and distributes new services. NYT reports.» Read More
SAN FRANCISCO— Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.
Why high oil prices are actually good for airlines. NEW YORK— Airline executives frequently complain about fuel costs, but higher prices actually have been good for business. The average cost of a roundtrip domestic ticket grew to $378.62 from $351.48 in the last five years, when adjusted for inflation.
Is the stock market making a meaningful reversal? Jim Cramer goes inside the price action.
Yahoo CEO Marissa Mayer has set out to convince Apple to make Yahoo the default search engine on its Safari browser on the iPhone and iPad.
BERLIN— The head of Germany's biggest media company says he is afraid of Google and wants the company to become more transparent. Mathias Doepfner, the chairman of Axel-Springer SE, accuses Google of abusing its dominance in the field of online search to squeeze out competitors.
Headlines after the bell Wednesday: GOOG, AMEX, IBM
US stocks rose Wednesday after better-than-expected earnings from Yahoo.
*Yahoo rallies after results; BofA falls. NEW YORK, April 16- U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied.
SAN FRANCISCO— Google's first-quarter earnings growth faltered as the Internet's most influential company grappled with a persistent downturn in advertising prices while spending more money to hire employees and invest in daring ideas. Google's Class A stock shed $17.10, or 3 percent, to $546.80 in extended trading.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. King Digital Entertainment Plc, up 60 cents to $18.03. Yelp Inc., up $2.74 to $65.80.
Ross Gerber of Gerber Kawasaki discusses Google's mobile shift from desktop and focuses on its "spending issues." Victor Anthony, Topeka Capital Markets, weighs in.
SAN FRANCISCO, April 16- Google Inc's Internet business revenue grew 19 percent in the first quarter, falling short of Wall Street targets as the price of its online ads continued to decline. Shares of Google were down 5.7 percent at $525 in after-hours trading on Wednesday.
SAN FRANCISCO, April 16- Google Inc's Internet business revenue grew 19 percent in the first quarter, as its expanding volume of online ads offset declining prices. The number of "paid clicks" by consumers on Google's ads increased by 26 percent year-on-year in the first quarter, while the average "cost per click" generated from the ads declined 9 percent.
Providing instant analysis to Google's quarterly numbers, with Victor Anthony, Topeka Capital Markets; Andrew Stoltmann of Stoltmann Law Offices; CNBC contributor Michael Yoshikami; "Fast Money" trader Tim Seymour; CNBC's Michelle Caruso-Cabrera and Dominic Chu.
Analysts had expected the company to report earnings excluding items of $6.40 a share on $15.52 billion in revenue.
Google is reporting Q1 EPS of $6.27 ex-items on revenue of $15.42 billion, with CNBC's Josh Lipton.
U.S. bonds fell back on Wednesday, as the previous session's stock market rally caused investors' bid for "safe-haven" assets to wane.
CNBC's Josh Lipton previews Google's potentially "messy" earnings report, and Morgan Brennan explains what Wall Street should expect from IBM.
Canada's Silicon Valley is seeing a boom of start-ups after BlackBerry's meltdown. More than 450 were created last year—four times the 2009 amount.
April 16- The troubles at BlackBerry Ltd, which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company's hometown of Waterloo, Ontario.