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Displaying items 89-99
  • Google's earnings push shares near record high

    Google's earnings push shares near record high
    SAN FRANCISCO — Google Inc.'s quarterly results topped Wall Street expectations as the technology giant continued to grow its mobile advertising business, propelling its shares into record territory. The company keeps minting money despite...
  • Facebook posts massive 60% increase in revenue; shares surge 17%

    Facebook posts massive 60% increase in revenue; shares surge 17%
    Facebook Inc. had another impressive quarter, reporting strong profit and revenue that soundly beat Wall Street expectations. The world's largest social network said it earned $425 million, or 17 cents a share, compared with a $59-million loss a year...
  • Facebook admits decrease in usage among young teens

    Facebook admits decrease in usage among young teens
    SAN FRANCISCO -- Facebook Inc. for the first time on Wednesday acknowledged it may have a challenge in holding the attention of young people. Chief Financial Officer David Ebersman said during the company’s third-quarter earnings call that...
  • 'Internship' may help Google land employees

    SAN FRANCISCO — As soon as the credits rolled on "The Internship," Rachel Kang, a 20-year-old UC Berkeley sophomore from Torrance, headed straight back to her apartment to Google jobs at Google Inc. "I have always loved Google. I think everyone...
  • 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...
  • CEO Dick Costolo is helping Twitter IPO take flight

    SAN FRANCISCO — Dick Costolo doesn't fit the profile of a typical tech start-up chief executive. He's not a twentysomething college dropout. He didn't start Twitter Inc. in his dorm room. And he doesn't wear a hoodie. At 50, with a balding...