Posted by Reuters: Business News on February 8, 2012
SAN FRANCISCO (Reuters) – Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China’s Alibaba Group and Yahoo Japan.
Posted by Reuters: Business News on February 3, 2012
SAN FRANCISCO (Reuters) – It’s the year’s hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.
Posted by Reuters: Business News on February 2, 2012
SAN FRANCISCO (Reuters) – Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say.
Posted by Reuters: Business News on February 1, 2012
SAN FRANCISCO (Reuters) – Facebook took the first step toward public markets in the year’s most highly anticipated IPO, which could catapult co-founder Mark Zuckerberg into sixth place among the world’s richest people.
Posted by Reuters: Business News on
SAN FRANCISCO (Reuters) – Chinese government representatives directed a U.S. businessman to obtain valuable technology manufactured by chemical giant DuPont and U.S. authorities were seeking on Wednesday to keep him in jail ahead of his trial on charges relating to trade secret theft, prosecutors said in newly released court documents.
Posted by Reuters: Business News on January 31, 2012
SAN FRANCISCO (Reuters) – Amazon.com Inc warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profit, a sign that the online retailer will keep spending heavily on expansion at the expense of short-term returns.
Posted by Reuters: Business News on
SAN FRANCISCO (Reuters) – Amazon.com Inc shares slumped after the largest Internet retailer said it may lose money in the first quarter, a sign the company is continuing to spend heavily on expansion and new ventures.
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LONDON/SAN FRANCISCO (Reuters) – Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker’s global retail expansion.
Posted by Reuters: Business News on January 26, 2012
SAN FRANCISCO (Reuters) – Apple CEO Tim Cook has a problem, a $98 billion problem.
Posted by Reuters: Business News on January 25, 2012
SAN FRANCISCO (Reuters) – Apple Inc’s quarterly results blew past Wall Street’s expectations after U.S. consumers snapped up near-unprecedented numbers of iPhones and iPads, sending its shares up 8 percent into record territory.
