When government officials demanded easier ways for the world's largest Internet companies to turn over user data as part of a secret surveillance program, the companies bristled, but then cooperated at least a bit, the New York Times reports.» Read More
SAN FRANCISCO, June 10- Recent revelations about the U.S. National Security Agency's expansive data-collection efforts have underscored the power of electronic surveillance in the Internet era and renewed an historic debate over how far the government should go in spying on its own people.
WASHINGTON, June 6- The National Security Agency and the FBI are tapping directly into the central servers of nine leading U.S. The program's participants, the Post said, include most of the dominant global players of Silicon Valley: Microsoft Corp, Yahoo Inc, Google Inc, Facebook Inc, PalTalk, AOL Inc, Skype, YouTube and Apple Inc.
*Microsoft to pay $1 million up front to Vringo. Microsoft has agreed to pay $1 million and enter into a licensing agreement as part of the agreement, according to Vringo's U.S. regulatory filings. In the lawsuit, filed in U.S. District Court in Manhattan, I/P Engine said Microsoft had used search technology based on inventions by two employees of Vringo.
Stocks finished near session highs across the board Wednesday, boosted by financials and materials, with the Dow and S&P 500 logging fresh closing highs.
Shares of AOL are down today after reporting quarterly earnings. CNBC's Julia Boorstin speaks to its CEO Tim Armstrong about how he plans to build profits this year.
News Corp is set to report quarterly earnings, but the focus will be on the company's impending spin-off of its publishing assets as separate company. (NEWSCORP-RESULTS/, expect by 2030 GMT/ 4:30 PM ET, by Lisa Richwine, 500 words). From Europe's fringe, Romania and Bulgaria seek acceptance.
*Disney profit beats expectations, Whole Foods raises outlook. NEW YORK, May 8- U.S. stocks rose on Wednesday, bolstered by the financial and technology sectors, and were set to scale fresh highs as a rally kept going for a fifth consecutive session. The S&P 500 financial sector index rose 0.6 percent, with JPMorgan Chase& Co up 1.4 percent at $49.83.
May 8- Online media group AOL Inc said on Wednesday that first-quarter revenue grew on strength in its advertising business, but shares sank on concerns that profits were still mostly coming from a shrinking dial-up platform. said Ben Schachter, an analyst with Macquarie Research. "
*Disney profit beats expectations, Whole Foods ups outlook. NEW YORK, May 8- U.S. stocks edged up on Wednesday, boosted by financial and technology sectors, and were set to scale fresh highs as a rally continued for a fifth consecutive session. The S&P 500 financial sector index rose 0.5 percent with JPMorgan Chase up 1.4 percent at $49.84.
*Disney profit beats expectations, Whole Foods ups outlook. NEW YORK, May 8- U.S. stocks were modestly lower on Wednesday as investors locked in profits after four days of gains which took equity indexes to fresh highs a day earlier.
U.S. stock index futures were slightly lower Wednesday, after the Dow and S&P 500 hit record highs in the previous session, and as investors largely shrugged off a better-than-expected trade data from China.
May 8- Online media group AOL Inc on Wednesday reported first-quarter revenue grew on strength in its advertising business, but shares tumbled on concerns that profits were still mostly coming from a shrinking dial-up platform. said Ben Schachter, an analyst with Macquarie Research. "
*Disney profit beats expectations, Whole Foods ups outlook. NEW YORK, May 8- U.S. stock index futures pointed to a flat open on Wednesday as investors found little reason to push shares decisively one way or the other, following gains that took indexes to fresh highs a day earlier.
Some of the names on the move ahead of the open.
Revenue from the Huffington Post and other media sites such as TechCrunch and Engadget jumped 14 percent to $189.6 million. AOL has made big bets to coax more ad dollars, such as its 2010 acquisition of Huffington Post for $315 million. Net income rose to $25.9 million, or 32 cents per share, from $21.1 million, or 22 cents per share, in the same period a year ago.
May 8- AOL Inc reported a rise in first-quarter revenue on Wednesday as the online media group posted a return to growth in display advertising. Total revenue increased by 2 percent to $538.3 million, beating analysts' expectations of $537.1 million, according to Thomson Reuters I/B/E/S.
The Muse helps potential employees learn more about companies hiring and gets them thinking if they are on the right career path or not.
More than five decades later, Kass might find another sort of celebrity this Saturday when he will have the opportunity to quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha, Nebraska. "I had a lot of fun going to the Woodstock music festival on Max Yasgur's farm in Bethel, New York in August 1969.
Amazon is known in the ad industry as the "sleeping giant" because it harbors a trove of unused consumer-spending data, but now it's awakening to the potential.
Experts guide viewers to choosing best financial plans.