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Displaying items 100-110
  • Google profit and revenue jump 17%, but ad prices keep falling

    SAN FRANCISCO — As far as Wall Street is concerned, Google Inc. can build all the robots and self-driving cars that it wants as long as it keeps growing its main business: online advertising. And increasingly, that means selling ads that are shown...
  • Financial markets: Six highlights -- and absurdities -- of 2013

    Wall Street had plenty of reasons to think 2013 would go miserably for the stock market — what with a lackluster global economy, the U.S. government shutdown, Syria's civil war, the Obamacare fiasco and Miley Cyrus. Instead, we're on track for a...
  • Camera makers face shakeout as smartphones shatter mirrorless hopes

    Camera makers face shakeout as smartphones shatter mirrorless hopes
    TOKYO (Reuters) - Panasonic Corp and Japan's other mid-tier camera makers have a battle on their hands to win over a smartphone "selfie" generation to mirrorless cameras that held such promise when they were launched around five years ago. Panasonic,...
  • Facebook's Zuckerberg leads big jump in charity among the wealthy

    Facebook's Zuckerberg leads big jump in charity among the wealthy
    Facebook Inc. Chief Executive Mark Zuckerberg and his wife, Priscilla Chan, led a big rise in philanthropy among the wealthy in 2013 as the number of gifts of at least $1 million climbed 57%, according to a report by the Chronicle of Philanthropy. The...
  • Snapchat becomes target of widespread cyberattack

    Days after being warned of a security weakness in its popular app, Snapchat became the target of a widespread cyberattack that affected millions of users, a black eye for a local start-up with sky-high hopes of becoming the next social media juggernaut....
  • After Zynga announcement, bitcoin price tops $1,000

    After Zynga announcement, bitcoin price tops $1,000
    The price of bitcoin shot up past $1,000 Monday after Zynga, an online gaming company, announced it would test using the digital currency as payment. Bitcoin, the volatile unregulated currency, has hit highs and lows in recent weeks and has gained...
  • Apple must refund customers for apps bought by children

    Apple Inc. agreed to refund customers $32.5 million to settle a complaint over mobile phone apps bought by children, prompting consumer advocates to call for a broader crackdown against deceptive practices by big wireless companies. "This is a warning...
  • Apple, Facebook post strong results

    Apple, Facebook post strong results
    Talk of Silicon Valley losing steam was put on hold as two technology titans, Apple Inc. and Facebook Inc., tallied better-than-expected quarterly earnings and revenue. Apple's stock climbed more than 7% in after-hours trading after it reported that...
  • Nasdaq sees triple-digit decline as technology shares plunge

    Another plunge in once-soaring technology stocks sent the Nasdaq composite index into a triple-digit decline and pushed the rest of the stock market down with it. Erstwhile darlings such as Netflix Inc. and Facebook Inc., as well as biotechnology...
  • Nasdaq plunges on tech stock sell-off

     Nasdaq plunges on tech stock sell-off
    A plunge in once-soaring technology shares sent Nasdaq into a triple-digit decline and yanked the rest of the stock market down with it. Erstwhile darlings such as Netflix Inc. and Facebook Inc., as well as biotechnology highfliers such as Intercept...
  • How the other half commutes in Silicon Valley

     How the other half commutes in Silicon Valley
    SAN FRANCISCO — It's becoming a familiar scene in everybody's favorite city — luxury shuttles with Wi-Fi and plush seats barreling past sluggish, dilapidated city buses crammed with local residents standing elbow to elbow. The nerd convoy,...