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Business Tech

Facebook Gets a Goose From Mobile Ads

Social media network Facebook is making strides with its mobile business, which counted for nearly one of every three of its ad dollars last quarter.

New Intel CEO Is Long-time Company Insider

Intel has appointed veteran executive Brian Krzanich as its new CEO, the computer chip giant announced Thursday.

e-Management Fires Up AllAboutRisk.com

e-Management launched its AllAboutRisks.com website to showcase its eGov Risk Portfolio Manager, the woman-owned small business announced.

SINA Allies With Alibaba to Enable Social Commerce

Chinese online media company SINA Corp. has agreed on a strategic alliance with subsidiaries of Weibo Corp., Alibaba Group and others, SINA announced.

Samsung Buzzing on Strong Smartphone Sales

Profits at Samsung Electronics surged 41.6 percent year-on-year in the first quarter due to strong sales of its smartphones, according to media reports.

Amazon Grows, Profits Don't

Amazon.com, the Web's biggest retailer, reported a 22 percent growth in first quarter revenue Thursday to $16.1 billion, yet profits dipped.

Yahoo Chairman Fred Amoroso Steps Down

Yahoo announced that Fred Amoroso has resigned as chairman of the board, but will continue to serve on the board through the shareholders meeting on June 25. The board has appointed Maynard Webb Jr. to serve as interim chairman.

Wikileaks Donations Pipeline to Stay Open

Wikileaks has scored an 'important victory' in its fight against credit card companies that have tried to block online payments to the iconoclastic organization.

Facebook Does Faceplant Despite Market Rally

Social media mainstay Facebook has been trying to save face from its dismal IPO last May. But the progress has come in fits and starts.

Senators, eBay Spar Over Online Sales Tax

Current law requires Internet shoppers to self-report their purchases, calculate in-state sales tax and pay up. Virtually no one does that.

Netflix Shares Rise on New Streaming Customers

Netflix is finding a fortune in being a Hollywood producer.

Apple Earnings: Stock Value in Eye of Beholder

Apple's stock NASDAQ:AAPL is bruised and not very desirable, like an unripe apple that falls off the tree early and gets dented. But an imperfect Apple may be a perfect investment for investors in search of value.

Dell in Driver's Seat to Buy Back Company

Michael Dell's hopes of buying back Dell, the computer company he created, got a major boost today when private-equity group Blackstone pulled its bid.

Silicon Valley and the Swami in a Cosmic Coincidence

It's a cosmic coincidence Silicon Valley-style.

IBM Likely to Commence Layoffs Following Earnings Report

First-quarter net income at IBM slid year-over-year to $3.03 billion, down from $3.07 billion, IBM said Thursday.