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
Hedge funds continued to be burned in April by volatility in tech and other stocks following losses in March.
Kara Swisher, Re/code co-executive editor, discusses Yahoo CEO Marissa Mayer's aggressive plan to get Apple to dump Google as its default search engine and replace it with Yahoo mobile search.
Some of the names on the move ahead of the open.
Asian stocks ended mixed on Wednesday in a choppy session with activity subdued ahead of Friday's Easter holidays.
Yahoo's recently fired chief operating officer left the Internet company with a severance package of $58 million after just 15 months on the job.
China's Weibo has priced its initial public offering at $17 per American Depository Share, at the bottom of its planned range.
TOKYO, April 17- U.S. crude futures edged higher to trade just below $104 a barrel in early trade on Thursday, as rising geopolitical tensions over Russia's involvement in the crisis in Ukraine overshadowed a rise in U.S. oil inventories. *U.S. crude for May delivery was up 14 cents at $103.90 per barrel by 0009 GMT, after finishing 1 cent higher on Wednesday.
April 16- Yahoo Inc's Chief Executive Marissa Mayer is working on a plan to persuade Apple Inc to ditch Google as its default search engine in favor of Yahoo, technology news site Re/code reported, citing sources within Yahoo. Mayer's effort is in advanced stages, with a detailed pitch already prepared for Apple executives, the website said.
SAN FRANCISCO, April 16- Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices.
SAN FRANCISCO— Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.
April 16- Yahoo Inc, which posted anemic first-quarter revenue growth, said it has nominated three new members to its board. The three members include billionaire Charles Schwab, namesake chairman and chief executive of discount broker Charles Schwab Corp..
SUNNYVALE, California— Yahoo co-founder David Filo is vying to rejoin the Internet company's board after an 18- year absence. The other nominees to the board are Charles Schwab, the founder of a stock brokerage that still bears his name, and H. Lee Scott Jr., the former CEO of Wal-Mart Stores Inc. Yahoo Inc. CEO Marissa Mayer is on Wal-Mart's board.
Some Wall Street pros just refuse to hear what American companies are telling them.
eBay rose$. 79 or 1.5 percent, to $54.69. Groupon Inc. rose$. 02 or. 3 percent, to $7.10. LinkedIn Corp. rose$. 92 or. 5 percent, to $171.82.
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.
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.
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.
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. Yahoo's shares rallied, giving a boost to the S&P 500.. The Nasdaq Composite Index jumped 52.06 points, or 1.29 percent, to close unofficially at 4,086.23.
*Prices fall as China growth beats expectations, stocks rise. NEW YORK, April 16- U.S. Better-then-expected growth in China, the world's largest economy, and a rally in Yahoo shares helped stocks rise for a third straight session.