Business Tech

Alibaba IPO Poses Pivotal Test for Yahoo CEO

With Alibaba Group going public Yahoo! stands to earn nearly $10 billion but also poses a test for CEO Marissa Mayer.


Nintendo Sinks to Loss on Lagging Wii U Sales

Even though sales of the Wii U game machine have dropped, Nintendo vows to return to profitability this year.


King Digital Beats in Q1

Game maker King Digital Entertainment reported a sharp jump in its first-quarter revenue and profit on the success of its new mobile game "Farm Heroes Saga," but its shares plunged.


AOL Posts Steep Profit Drop

AOL Inc. said Wednesday that its first-quarter profit tumbled 64 percent, pulled down by restructuring and other charges.


Facebook Wants to 'Friend' Your Small Business

Facebook wants to increase its advertising and get more clicks on all kinds of ads by tapping into the lucrative small-business market.


David Einhorn Shorts Athenahealth

Shares of Athenahealth sank Tuesday after hedge fund manager David Einhorn said investors have vastly overvalued it, and that he was shorting it.


Twitter Tumbles as Lockup Period Expires

Twitter shares fell more than 10 percent on Tuesday morning, marking the end of the lockup period that prevented insiders selling up to $20 billion in stock following the social network's IPO last year.


Nokia to Invest in Intelligent Cars

Nokia plans to invest $100 million in companies that develop intelligent-car technologies, joining Elon Musk and Google in betting that future vehicles will be smarter and more connected.


Apple Wins Samsung Suit, Sort Of

Apple and Samsung claim the other copied patented mobile device features, but the tussle all but concluded with a jury verdict on Friday.


Target CEO Steps Down in Wake of Data Breach

Target's massive data breach has now cost company chairman, president and CEO Gregg Steinhafel his job.


Facebook Is 10 Years Old on Tuesday

Ten years ago Tuesday, Mark Zuckerberg and a few friends launched Facebook as a handy tool for college kids to check each other out. Now it's used by 1.2 billion people to share vital information and pictures of their cats.


Nadella Closer to Top Job at Microsoft

Microsoft Corporation edged closer to naming Satya Nadella, executive VP of its Cloud group, as CEO.


Twitter Buys 900 Patents After IBM Complains

Twitter bought 900 patents from IBM in a move to take on larger rivals such as Google and Facebook.


Facebook Shares Hit All-time High

Facebook shares jumped to record highs Thursday on stronger-than-expected profits and sizzling gains in mobile ad revenue.


Facebook Earnings, Revenue Shoot up in Q4

More than half of Facebook's total ad revenue came from mobile ads in the final quarter of last year, a sign that the social network is succeeding in being "mobile first."


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