Microsoft has reportedly struck a few names from the list of potential successors to CEO Steve Ballmer.
Shares of Activision Blizzard climbed Wednesday after the video game publisher sold $1 billion of its latest "Call of Duty" title into retail stores on the game's first day.
When Twitter goes public on the floor of the New York Stock Exchange, it will trade under the supervision of Barclays Capital.
AOL posted a sharp profit decline in the third-quarter Tuesday, due in part to a write-down related to its Patch news service, but saw increases in ad revenue and share value.
Investors are eager again to buy into initial public offerings. Twitter is this week's star, but the number of IPOs indicates that it isn't just social media companies that are seeking and attracting investors.
Twitter raised its IPO range to $23-25 per share in a filing with the U.S. Securities and Exchange Commission.
BlackBerry's CEO Thorsten Heins is stepping down after Fairfax announced it won't buy the struggling company.
Revenew, a Palatine-based digital marketing startup founded by a former Motorola executive, said Wednesday it has raised $5 million in venture capital from a group of Midwestern investors.
Taiwan has levied fines against South Korean smartphone maker Samsung for slamming the products of rival HTC in fake online reviews.
Seeking to avoid a repeat of Facebook's public debut debacle, Twitter revealed more modest ambitions, saying its initial offering would raise up to $1.6 billion and value the company at up to about $11 billion.
Earnings gains from big U.S. companies are pushing the stock market higher in Friday trading, with Microsoft leading the Dow after reporting rising sales of tablet computers.
Twitter has set a price range of $17 to $20 per share for its initial public offering, a conservative price considering that Twitter is poised to pull off the year's hottest IPO.
Microsoft posted quarterly revenue and earnings Thursday that easily topped Wall Street forecasts, marking a healthy start to a companywide overhaul that should help the software giant transform into a devices and services company.
Warren Buffett says there's no chance his friend Bill Gates will return to lead Microsoft as CEO.
Netflix's earnings quadrupled as the Internet video service's lineup of original programming helped attract 1.3 million more U.S. subscribers during its latest quarter.