Business Tech

Rovio Profits Fly the Coop

Rovio Entertainment, the makers of the Angry Birds series of mobile games, has seen its profits fall by more than half.

Apple Stock Split Could Encourage Copycats

Apple, the largest U.S. company by market value, said it would do a seven-for-one split, knocking its share price down from $500-plus to around $75.

Microsoft, Nokia Complete $7.5 Billion Sale

Nokia said Friday it has completed the sale of its troubled cellphone and services division to Microsoft Corp., ending a chapter in the former world leading cellphone maker's history.

Pandora Narrows 1Q Loss

Pandora said Thursday that increased advertising and subscription revenue helped narrow its first-quarter loss, but its outlook for second-quarter earnings fell shy of Wall Street expectations.

FCC May Allow Companies to Pay for Internet Priority

The Federal Communications Commission is set to propose new rules that would allow Internet service providers to charge content companies for faster delivery of services to homes.

Sina Loses License Over Porn

Sina, operator of China's Weibo social media site, has had two of its licences revoked because of online pornography.

Nasdaq OMX Profits Soar in Q1

The exchange operator Nasdaq OMX Group said Thursday that its first-quarter profit more than doubled over the past year.

Tokyo Court Starts Mt. Gox Bankruptcy

Bankruptcy proceedings have begun for Mt. Gox, a move that was widely expected after the Tokyo District Court decided earlier this month that the bitcoin exchange would not be able to resurrect itself.

Google, SunPower Team Up on Solar Power

Google Inc. and SunPower Corp. are planning to invest up to $250 million to lease solar panels to homeowners.

Apple Offers Free Recycling, Adds Green Energy

Apple is offering free recycling of all its used products and pledging to power all of its stores, offices and data centers with renewable energy.

Aereo Fights for Future of Broadcast TV

Aereo, unlike cable systems that pay TV broadcasters a retransmission fee, takes the signals free. Why shouldn't it?

Square in Talks With Google, Apple for Possible Sale

Mobile payment company Square might be looking for a buyer after losing $100 million in 2013 and with cash flow running low, according to reports.

IPO Market Shows Signs of Settling Down to Earth

Weibo, China's answer to Twitter, was the big winner among five initial public offerings as the IPO market shows signs of coming back down to earth.

Twitter Offers App Install Ads

Twitter will now let marketers place app install ads in its stream, a feature that helped Facebook grow its mobile advertising revenue.

Google Q1 Earnings Dip as Ad Prices Slip

Earnings growth faltered at Google as it grappled with a persistent downturn in advertising prices while spending more on hiring and daring ideas.

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