Investors thinking of buying a piece of Facebook after it goes public are hoping it will perform like Google, whose stock has risen 500 percent since its debut seven and a half years ago.
LinkedIn Corp.'s shares soared nearly 17 percent Friday, the biggest one-day gain since the online professional networking service's stock market debut last May.
Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:
After the now bankrupt Kodak asked to have its name removed from the theater that hosts the Oscars, it is being dragged into court by the theatre owner over its sponsorship contract.
A portrait of a veiled woman cradling a wounded relative in her arms, taken in Yemen by Spanish photographer Samuel Aranda for The New York Times, won the top World Press Photo prize Friday.
The United States and China are discussing the possible elimination of Chinese barriers to American films in the run up to Chinese Vice President Xi Jinping's U.S. visit next week, a U.S. trade official said on Thursday.
As its online professional networking expands and helps more people get new jobs, LinkedIn Corp. is also is steadily expanding its own payroll. After adding more than 1,100 workers last year to end December with 2,116 employees, LinkedIn began hiring at an even more rapid clip to start this year.
LinkedIn’s fourth quarter results flew past Wall Street estimates as companies paid LinkedIn more for recruiting services, sending the stock higher after-hours.... Read More
Rupert Murdoch may still be struggling with News Corp.’s newspaper division as the hacking scandal racks up quite a bill, but his movie and TV studio and cable divisions are making gains... Read More