Yahoo Q2 profits fell by 18 percent
Yahoo Q2 profits fell by 18% to $270 million and revenues also declined, by 3% to $1.084 billion, the Internet giant reported on Tuesday....
Federal regulators sue Amazon for kids’ purchases
Federal regulators sue Amazon for illegally charging account holders for kids’ purchases without their consent. The lawsuit alleges that the online retail giant allowed...
Cynk shares rise 23,000 percent, SEC suspends trading
After Cynk shares rise 23,000% in just one month, the US Securities and Exchanges Commission (SEC) suspended trading until July 24. According to the...
Alibaba valuation rises to 133 billion dollars
The latest Alibaba valuation rises to $133 billion, according to data posted by the company in a filing on Friday, compared to $119 in...
Google Ventures European fund unveiled
A Google Ventures European fund aimed at technology start-ups has been unveiled by the search engine giant. The $100 fund aims to invest in...
Carlos slim slims Mexican telecom presence
Carlos Slim slims América Móvil's presence after new Mexican legislation stipulates that no company is allowed to have a 50%+ share of the national...
Samsung Q2 profit drop warning
A strong Korean currency and sluggish smartphone sales have prompted a Samsung Q2 profit drop warning. Samsung Electronics’ operating profit for the April-to-June period...
T-Mobile bogus charges lawsuit
T-Mobile bogus charges to the tune of hundreds of millions of dollars were sent to customers, the Federal Trade Commission (FTC) says, according to...
Facebook emotion contagion experiment backfires
The Facebook emotion contagion experiment carried out on nearly 700,000 unsuspecting users has triggered an investigation by the US Federal Trade Commission. Electronic Privacy...
Facebook LiveRail acquisition agreed
A Facebook LiveRail acquisition has been agreed between the start-up company that allows for more relevant banner ads to be targeted at online videos...