Bankers and MBAs are increasingly moving into the tech sector—and tech companies are ready for them.» Read More
July 24- Shares of Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' expectations for quarterly profit and revenue.
July 24- Shares of Facebook Inc were set to open at a record high on Thursday after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' expectations for quarterly profit and revenue. At least 18 brokerages raised their price targets on the stock, by as much as $15 to a high of $100.
*Google's handling of removal requests has drawn criticism.
SAN FRANCISCO, July 23- Federal Trade Commissioner Julie Brill, speaking in Washington on Wednesday, expressed concern about the way apps on smartphones and mobile devices are siphoning sensitive health data, and how some of that information may then be shared with third parties.
Customers love their food. But the CFO says there's little appetite for a stock split.
SAN FRANCISCO— Twitter acknowledged that it has been hiring too many white and Asian men to fill high-paying technology jobs, just like several other major companies in Silicon Valley.
Facebook reported earnings and revenue that beat estimates in the second quarter, thanks to its robust mobile ad business.
SAN FRANCISCO, July 23- AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, said tech blog Re/code, citing sources familiar with the target company.
Facebook Inc. said Wednesday that it earned $788 million, or 30 cents per share, in the April-June period. Adjusted earnings were 42 cents per share, handily beating Wall Street's expectations of 33 cents, according to a poll by Zacks Investment Research. This was the fifth quarter in a row that Facebook beat Wall Street's forecasts.
SAN FRANCISCO/ FRANKFURT, July 22- European Union antitrust regulators are preparing to step up investigations of Google Inc's practices on several fronts and are likely to revise certain terms of a settlement involving its search engine that was proposed earlier this year, the Wall Street Journal reported on Tuesday.
HAMBURG/ FRANKFURT, July 23- Hamburg has told Uber, a U.S. car service whose smartphone app summons rides at the touch of a button, to stop operating in the German city, adding to resistance the company has faced globally from local regulators and taxi drivers.
Roger McNamee, Elevation Partners co-founder; investor Kevin O'Leary, and the "Squawk Alley" crew, discuss the better fit to buy Time Warner: Google or 21st Century Fox.
Though Apple posted profits that beat expectations, investor Roger McNamee found reason to throw cold water on the tech giant.
Though social media remains immensely popular, a new survey shows users aren't very satisfied with their experience on the sites.
The $199 AT&T exclusive offers some advantages over its smart phone competitors, but is it worth the buy? NBC News reports.
Facebook's reliance on traditional Web advertising is a thing of the past. Two years removed from its controversial initial public offering, the social network has rapidly become the second-biggest recipient of mobile ad dollars, behind Google. Those tiny smartphone promotions now account for over half of sales.
SAN FRANCISCO, July 22- Apple Inc's iPad is losing steam just four years after its release, but an alliance with International Business Machines Corp could rejuvenate a flagging product by entering into a largely untapped corporate market.
SAN FRANCISCO, July 22- Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market.
SAN FRANCISCO, July 22- Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite intense competition in its third-largest market.
SAN FRANCISCO— Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen. The latest evidence of Apple's mounting momentum emerged Tuesday with the release of the company's fiscal third-quarter report.