Business Tech

Twitter's Stock Rises on Stellar Revenues

Twitter's little bird is flying high after reporting Tuesday that revenues had more than doubled in the second quarter.

Zillow in Reported $2B Bid for Real Estate Rival Trulia

Two of the most popular real estate sites in the nation -- Zillow and Trulia -- may combine in a move that would create an online colossus in a tradition-bound industry disrupted by massive technology change in recent years.

Lyft Announces New York City Service

The on-demand ride-sharing app Lyft planned to start limited service in New York City on Friday night after reaching agreement with officials to resolve regulatory issues.

Pandora Tumbles in Late Trading

Pandora Media stock plummeted after the streaming-music company showed off its latest quarterly earnings report Thursday.

Amazon Shares Drop on Q2 Loss

Shares of fell Thursday after the e-commerce retailer reported a larger than expected second-quarter loss as expenses piled up faster than revenue.

Broadcom Cutting Chip Unit, 2,500 Jobs

Tech giant Broadcom is ditching its once-lucrative cellular baseband chip unit and shedding 20 percent of its global workforce, the company reported this week.

BlackBerry Appoints New COO from LiveOps Inc.

BlackBerry has appointed Marty Beard, the former chief executive of LiveOps, Inc. as its new chief operating officer.

Verizon Launches Rewards Program With Tracking

Verizon is the first wireless carrier to roll out a comprehensive rewards program but you have to be tracked to help target ads.

IBM Sales Fall for 9th Straight Quarter

IBM reported a ninth straight quarter of declining sales as demand fell for hardware and computer services, underscoring the urgency of its plan to get more revenue from newer businesses like cloud computing.

Why Microsoft Killed Nokia X

The Nokia X project is an example of clashing priorities that Microsoft CEO Satya Nadella is trying to curb with a refocusing effort that includes 18,000 job cuts over the next year.

Google Q2 Results Are Garbled

Google's second-quarter earnings rose 6 percent as World Cup fever drove more traffic to the Internet company's search engine and YouTube video site while Android devices spurred more sales through its mobile store.

Facebook Tests 'Buy' Button

Facebook is testing a call-to-action button in its latest effort to help businesses fish for sales through the world's biggest online social network.

Memo From Microsoft EVP on Job Cuts: Full Text

Stephen Elop, Microsoft executive vice president, sent out the following memo to employees detailing the company's plan to shed up to 18,000 jobs over the next year.

Microsoft to Trim 18,000 Jobs

Microsoft announced its biggest layoffs ever Thursday, saying it will cut 14 percent of its staff as it works to cut down on management layers and integrate the Nokia cellphone business.

Yahoo, CEO Place Their Hopes on Alibaba

There's an old business maxim that argues that top executives who have been with a turnaround story for at least two years have become a part of their company's unsolved problems.

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