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Seven low-intensity bombs exploded across the Indian IT city of Bangalore on Friday, killing one person and wounding at least 15, police said.
Chief Executive Steve Ballmer on Thursday defended Microsoft's need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing Yahoo.
Stocks tumbled more than 2 percent on Thursday after a report showing yet another drop in U.S. home sales prompted investors to take profits. What's the "Word on the Street?"
Microsoft will announce plans to expand its relationship with online social network Facebook to provide web search and search advertising, a source familiar with the matter said on Thursday.
Here are some thoughts on Microsoft's CEO Steve Ballmer and his comments to more than 250 Wall Street analysts this morning here in Redmon.
Here in Redmond, Washington, at Microsoft's global headquarters, the Johnson news is top of mind. Microsoft is preparing to meet with Wall Street at the company's Financial Analyst Meeting. Now, Microsoft will be forced to deviate--in a serious way--from its prepared agenda
But most exciting is "Facebook Connect", which brings Facebook's social connections to sites across the web. Facebook Connect was announced in May, but the details, and the partners were only revealed yesterday.
Facebook is introducing more tools to help the software applications fueling the online hangout's popularity and is promising to intensify its efforts to weed out programs that violate its rules for protecting users' privacy.
Microsoft said Kevin Johnson, the executive in charge of its Windows and Web operations and an instrumental player in the company's failed $47.5 billion bid to buy Yahoo, is leaving the company.
Oil's move to a six-week low has been cheering the stock market, but the question is for how long?
Looking for the Fast Money Final Trade? We ran out of time on the broadcast so we made that your Wednesday Web Extra! What should be your first move on Thursday?
Cramer makes the call on viewers' favorite stocks.
Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.
With the advertising industry feeling the crunch of the economic downturn and with more demands for accountability, there's no question that digital advertising is where money is going.
Wall Street so far has not merely survived earnings season, but has thrived as banks mostly lived up to lowered expectations.
It was a rare opportunity indeed, and a classy, stand-up decision by Yahoo President Sue Decker to sit down with me and answer some tough questions following months of wrangling, first with Microsoft, and then Carl Icahn.
There's been a ton of buzz about Facebook here at Brainstorm:Tech, so MySpace is a natural topic. News Corp bought MySpace for a steal, a mere $580 million, making NewsCorp seem quite forward thinking (Facbook's value is some $15 billion based on a Microsoft investment).
The company holds to its 2008 outlook, despite a drop in second-quarter earnings. and says it is will continue to look at possible transactions, says CEO Jerry Yang.
Yahoo's numbers don't do much to re-assure investors that this executive team is executing on the strategies CEO Jerry Yang has talked about to improve Yahoo's fundamentals. Add today's earnings to the shareholder agenda at the meeting next week. Investors simply cannot be happy with today's performance.
Yahoo may have doused one raging fire this week, settling with Carl Icahn, but there's still another blaze burning: the company's underlying business, and that may take far more effort to put out.