Yahoo reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company’s online display advertising business continued to struggle. Shares of Yahoo rose 1.1…
Venture capitalist Marc Andreessen said he was quitting eBay board following the online retailer’s decision last month to spin off its electronic payment unit, PayPal. The Silicon Valley pioneer has been…
EBay trimmed its full-year revenue forecast on Wednesday, signaling a weaker-than-expected holiday shopping season for the e-commerce company as it prepares to split from its fast-growing payments arm, PayPal. EBay’s report…
Top U.S. automaker General Motors has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to…
Google and other investors are planning to invest about $500 million in hardware and software developer Magic Leap Inc to deliver “cinematic reality”, technology website Re/Code said, citing sources. Google is leading the funding…
One of France’s largest banks is teaming up with social network Twitter this week to allow its customers to transfer money via tweets. The move by Groupe BPCE, France’s second largest bank…
Mobile messaging company Snapchat blamed third-party software apps for possible security lapses that may have led to its users’ private photos being at risk of online publication by hackers. A file containing…
Facebook, which closed its acquisition of mobile messaging service WhatsApp on Monday, has no near-term plan to make money from the service, Chief Executive Mark Zuckerberg said on Thursday. Zuckerberg,…
Twitter has sued the U.S. Department of Justice and the Federal Bureau of Investigation seeking the right to provide more specifics about the extent of U.S. government surveillance and requests…
Facebook closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of…
Redbox Instant, a streaming video service operated by Verizon Communications and Outerwall Redbox, will shut down next week because the venture has not been as successful as hoped, the two companies announced…
The Massachusetts Institute of Technology and Twitter are teaming up on a $10 million project to better understand social networks and figure out new ways to benefit from them. As…
The European Union’s antitrust authority says it has approved Facebook’s proposed $19 billion takeover of the messaging service WhatsApp. The 28-nation bloc’s executive Commission said Friday the deal may go…
A proposed merger of Internet pioneers AOL Inc and Yahoo Inc could create a nimbler player in Web video, but strong growth, the measure of success in Silicon Valley, would remain elusive….
Germany’s Rocket Internet is bringing its planned initial public offering (IPO) forward by a week, citing “exceptional investor demand across all points of the price range” for its shares. The…
