Though social media remains immensely popular, a new survey shows users aren't very satisfied with their experience on the sites.» Read More
*Intel climbs on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner shares jumped 18.1 percent to $83.87 as the biggest boost to the S&P 500 after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.
WASHINGTON— When you die, should your loved ones have access to your Facebook, Gmail and other online accounts?
Yahoo's Q2 earnings per share of $0.37 on revenue of $1.04 billion, missed Wall Street's estimates. CNBC's Jim Cramer thinks Yahoo needs to take some of the Alibaba money and do a "terrific acquisition." David Faber, weighs in.
Investors drove up shares in Time Warner 17 percent on news that Twenty-First Century Fox made a takeover bid for the media giant. Momentum from Intel's strong second-quarter earnings late Tuesday and news that Apple and IBM are teaming up to sell more iPhones and iPads to corporate customers helped lift major stock indexes in premarket trading.
Time Warner shares jumped 15.3 percent to $81.86 before the bell as Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down. *A partnership struck between IBM and Apple Inc will serve to boost indexes. IBM shares gained 1.8 percent to $191.85 and Apple advanced 2.1 percent to $97.35 in premarket.
SAN FRANCISCO, July 16- Jawbone, maker of wireless headsets and wristbands, is pushing a new food-tracking service it hopes will catch on with health-conscious weight-watchers. In a move to grow its share of the nascent wearables market, the San Francisco- based company on Wednesday introduced new features to its main wearable gadget, called Up.
Some of the names on the move ahead of the open.
Yahoo CEO Marissa Mayer says she's not happy with the company's latest results, as Yahoo amends its deal with Alibaba, reports CNBC's Jon Fortt.
Yahoo received more bad news on Tuesday on top of its worse-than expected second-quarter results with reports that it's about to be usurped by Microsoft.
Asian stocks were mixed in choppy trade on Wednesday despite better-than-expected growth data from China.
SAN FRANCISCO, July 15- Yahoo Inc cannot seem to part ways with Alibaba. And with Yahoo's business continuing to deteriorate, some Wall Street analysts say it is hard to blame the company. "It remains a very large fig leaf," Pivotal Research Group analyst Brian Wieser said of Yahoo's Alibaba stake, which he said "obscures" Yahoo's weak results.
SAN FRANCISCO, July 15- Yahoo Inc pledged to pay its shareholders at least half the proceeds from Alibaba Group Holding Ltd's mega-IPO this fall, and plans to keep a larger stake in the Chinese e-commerce company than expected. Yahoo's roughly 24 percent stake in the world's largest Internet retailer is viewed on Wall Street as its most prized asset.
Stocks may respond more to earnings news than the Fed Wednesday, now that Fed Chair Janet Yellen's first day of testimony is out of the way.
Yahoo missed estimates, but shares swung higher in after-hours trading as the firm said it won't have to sell as much of its Alibaba stake.
*JPMorgan, Goldman shares rally after earnings. NEW YORK, July 15- U.S. stocks pulled back on Tuesday after Federal Reserve Chair Janet Yellen and her fellow Fed policymakers raised concerns about "substantially stretched valuations" in some sectors. Facebook shares tumbled 1.1 percent to $67.17.
A partnership between Apple and IBM is among the headlines after the bell Tuesday: Apple, IBM, Intel, Yahoo & more.
Stocks fell Tuesday after Federal Reserve Chair Janet Yellen said the central bank could hike rates sooner than expected.
SAN FRANCISCO, July 15- Yahoo Inc said it has to sell fewer Alibaba Group shares than previously expected in the Chinese e-commerce company's market debut, helping to offset the U.S. company's worse-than-expected results on Tuesday. Shares of Yahoo rose 10 cents to $35.75 in after-hours trading.
NEW YORK— Yahoo Inc. said Tuesday that its second-quarter earnings and revenue declined, as the company struggled again with display advertising sales.
SAN FRANCISCO, July 15- Yahoo Inc's revenue declined in the second quarter as the Internet company's rates for online display ads plummeted by 24 percent, it said on Tuesday. Yahoo's net revenue, which excludes fees paid to partner websites, decreased 3 percent year-on-year to $1.04 billion in the three months ended June 30.