The "Squawk on the Street" team discuss Twitter co-founder Biz Stone's comments on the potential of a tech bubble, and if the Twitter product needs to change to make it more digestible.» Read More
DETROIT- General Motors reported a weaker-than-expected fourth-quarter profit on Thursday as results in North America, Asia and South America disappointed, sending shares down about 2 percent in morning trading. Noble Energy's weak production forecast surprises Wall Street.
AOL is making a change in the way it distributes 401(k) matching contributions to employees because of Obamacare costs, Chairman and CEO Tim Armstrong told CNBC.
AOL's shares rose almost 6 percent to $50.25 in premarket trading on Thursday. AOL bought Adap.tv, an electronic trading platform that helps companies advertise on video websites, for $405 million last year. Net income attributable to AOL rose to $36 million, or 43 cents per share, in the quarter from $35.7 million, or 41 cents per share, a year earlier.
AOL Chairman and CEO Tim Armstrong explained changes in the company's retirement plan contribution.
Tim Armstrong, chairman & CEO of AOL, breaks down the company's fourth quarter results and shares his thoughts on where the company is seeking growth after reaching a deal with private equity firm Hale Global to reduce its holdings in its Patch news service. We want to restructure Patch, says Armstrong.
Feb 6- Digital media and entertainment company AOL Inc reported a better-than-expected 13 percent rise in quarterly revenue as its advertising revenue rose, especially from video. Net income attributable to AOL rose to $36 million, or 43 cents per share, in the quarter from $35.7 million, or 41 cents per share a year earlier.
Markets are in wait-and-see mode ahead of Friday's jobs report, but there are a few events Thursday that could sway the market's direction.
Some of Monday's midday movers:
Traders await Friday's jobs report and watch emerging markets to see if the selloff can be contained.
Talking Squawk, the "Squawk Box" blog, provides tidbits, insights and sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
While the most recent rumor de jour has Yahoo eyeing a giant content purchase such as AOL, local and search considerations make more sense on a lot of levels.
As per a new policy, Goldman will not allow person-to-person instant messaging services offered by Bloomberg LP, Yahoo Inc, AOL Inc and other third-party providers including Pivot Inc, a unit of CME Group Inc, the Journal said, citing a draft of a memo.
AOL moved to power its publishing and advertising services with a deal to buy a content personalization start-up.
Thursday's midday movers:
Since Business Insider did not get an offer to buy its site at the price it wanted, the group is raising a new round of financing, Re/code reported.
AOL's $315 million purchase of The Huffington Post has meant the site could forge new partnerships and expand into foreign markets, Huffington said.
Entrepreneurs will be the ones to rebuild this economy, says brand strategist Carol Baker. Here are five start-ups she's watching in 2014.
Eric Jackson, Ironfire Capital founder & managing partner, explains why he thinks it would be a good move for Yahoo to acquire AOL. discusses Marissa Mayer's announcement that Henrique De Castro is out as Yahoo's COO.
Some of the names on the move ahead of the open.
AOL will transfer Patch to a new limited liability company run by Hale Global. AOL will retain a minority interest. The partnership is the latest chapter in the history of Patch, a network of more than 900 websites covering events and news in communities such as Montclair, New Jersey and Malibu, California that AOL Chief Executive Tim Armstrong helped start.