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Displaying items 111-121
  • 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,...
  • Facebook's clout in wireless industry is growing fast

    Facebook's clout in wireless industry is growing fast
    SAN FRANCISCO — Less than two years ago, disillusioned investors were fleeing Facebook Inc. stock, worried the company would never figure out how to make the leap to mobile devices from personal computers, let alone make money on them. Now, more...
  • Confirmed: Facebook's $19-billion WhatsApp deal is Jaw-Dropping

    Confirmed: Facebook's $19-billion WhatsApp deal is Jaw-Dropping
    After the $19-billion WhatsApp deal was announced, I wrote a little blog post about where it ranked among other tech deals. I included the line:  "One day later, Silicon Valley is still trying to pick its collective jaw off the floor following news that...
  • Stocks surge to new highs as Ukraine worries ease

    Stocks surge to new highs as Ukraine worries ease
    Stocks surged Tuesday as traders celebrated reports of a softening of tension in Ukraine. The three major indexes were in positive territory, with the S&P 500 trading at a record high. The Dow Jones industrial average jumped 192 points, or 1.2%, to 16,...
  • Facebook to acquire WhatsApp

    Facebook to acquire WhatsApp
    SAN FRANCISCO — Facebook Inc., making its biggest bet yet that its future is in mobile devices, stunned the technology world by announcing it would pay $19 billion in cash and stock for a smartphone messaging app. The giant social network is...
  • WhatsApp price ups the ante in a big-spending industry

    SAN FRANCISCO — The $19 billion that Facebook Inc. is paying for a smartphone app, one of the biggest tech deals of all time, made jaws drop even in Silicon Valley, where entrepreneurs tend to have an inflated sense of their own worth. "It's 19...
  • Apple complains of 'patent trolls'

    Apple complains of 'patent trolls'
    Turns out that for Apple Inc., being one of the most innovative companies on the planet does have at least one big drawback. The Cupertino, Calif., company says it is the No. 1 target for so-called patent trolls. In court and regulatory filings, Apple...
  • Sony obtains rights to Facebook exec Sheryl Sandberg's 'Lean In'

    "Lean In," the bestselling nonfiction book by Facebook executive Sheryl Sandberg about the dearth of women leaders in the corporate world and what can be done about it, is on its way to the big screen. Sony Pictures has obtained film rights to "Lean In"...
  • Sony Pictures buys movie rights to Sheryl Sandberg's 'Lean In'

    SAN FRANCISCO -- Sony Pictures has obtained the rights to Sheryl Sandberg's bestseller “Lean In,” according to people with knowledge of the situation. Nell Scovell, a veteran television writer who helped Sandberg write the book, will pen the...
  • Facebook removes page glorifying Isla Vista killer

    After initially refusing to take action, Facebook has removed a page glorifying Elliot Rodger, the man authorities say is behind the Isla Vista rampage that left six dead and several wounded Friday.  The page listed Rodger as "an American Hero" who...