Video rental company Netflix Inc reported a first-quarter loss that was not as steep as Wall Street feared but shares fell after disappointing guidance for subscriber additions next quarter.
IBT Staff Reporter
Apr 23, 2012
Facebook Inc's first-quarter revenue climbed 45 percent to just over $1 billion as daily active users leapt 41 percent, the world's largest social network disclosed ahead of its landmark initial public offering.
IBT Staff Reporter
Apr 23, 2012
Microsoft purchased Skype last year, and has since released a version of the widely-perceived video phone call service for its Windows Phone devices. However, the newly developed app that just made its way out of beta this weekend seems to endure some crucial flaws according to critics.
Lisa Eadicicco
Apr 23, 2012
Facebook, the No. 1 social network, said it will pay Microsoft (Nasdaq: MSFT), the world's biggest software company as well as Facebook investor, $550 million for part of a 990-patent trove acquired from AOL (NYSE: AOL).
David Zielenziger
Apr 23, 2012
Internet and network security provider Check Point Software Technologies reported higher first-quarter net profit that beat estimates on Monday, boosted by sales growth and new products.
IBT Staff Reporter
Apr 23, 2012
Infosys, one of India's leading software services exporters, is facing a US Department of Homeland Security (DHS) probe following an accusation that the company misused B1 visas.
Amrutha Gayathri
Apr 23, 2012
The new investor bywords are “big data.” Initial public offerings last week for both Splunk (Nasdaq: SPLK) and Proofpoint (Nasdaq: PFPT) were smash hits because of it. Big companies like IBM (NYSE: IBM) may be the biggest beneficiaries.
David Zielenziger
Apr 22, 2012
Home entertainment company Netflix Inc. (NAS: NFLX) is expected to post a loss for the first time in the last seven years, according to Wall Street analysts. Netflix Q1 results will be out Monday, and according to analysts, the entertainment trendsetter will lose 27 cents per share.
Sreeja VN
Apr 21, 2012
You may have seen your friends posting on Twitter and Facebook recently that they registered for Wander. But what is it?
Lauren Holter
Apr 20, 2012
Shares of security software specialist Proofpoint (Nasdaq: PFPT) jumped as much as 31 percent in the first few minutes of trading after their initial public offering.
David Zielenziger
Apr 20, 2012
With Evernote reportedly raising funding a valuation of $1 billion, could it be the next mobile app success story?
Michael Nunez
Apr 19, 2012
Photos of the Colombian escort caught up in a scandal that has caused three Secret Service agents to lose their jobs hit the Web Thursday. According to the New York Daily News, the woman, a 24-year-old single mother is known as Dania.
Laura Matthews
Apr 19, 2012
Microsoft (Nasdaq: MSFT), the world's biggest software company, reported results Thursday that beat analyst estimates for both earnings and revenue.
David Zielenziger
Apr 19, 2012
In the latest update to the website, YouTube is rolling out new audio editing tools that will make it easier for uploaders to layer several audio tracks on top of one another.
Michael Nunez
Apr 19, 2012
Splunk (Nasdaq: SPLK), which developed software to permit enterprise analysis of so-called “Big Data,” saw its shares skyrocket nearly 90 percent in its initial public offering.
David Zielenziger
Apr 19, 2012
Michael Baker, a 20-year-old coal miner of Mayking, Ky, was arrested on Monday after he illegally siphoned gas from the tank of a parked police cruiser -- and then posted a photo of the act on Facebook
Jacey Fortin
Apr 19, 2012
Facebook’s $1 billion deal to acquire Instagram may have resulted in pushing the initial public offering price for the No. 1 social media network even higher.
David Zielenziger
Apr 19, 2012
Draw Something wouldn't be a proper Zynga property if it didn't optimize the viral nature of the game through social network sharing features. Thanks to a recent update, Draw Something has added that sharing feature in addition to chat and photo-capturing capabilities.
Michael Nunez
Apr 19, 2012
Model Bar Refaeli and other celebrities have been taking to their Twitter accounts to vent about uncomfortable encounters with TSA security staff at airports.
Ceylan Yeginsu
Apr 19, 2012
A woman from Berkshire, England named Julie Zalinski retold the story of the death of her boyfriend, Adrian Rowland last November, as she watched him commit suicide during a Skype chat from over 7,000 miles away during an inquest at Oxford County Hall. According to the Oxford Mail, Zalinski watched as Rowland, 53, slashed his throat, wrists and stomach and bled to death before her eyes on the Internet.
Nadine DeNinno
Apr 19, 2012
It seems the jailbreakers are back to work once again in an effort to find an untethered jailbreak for iOS 5.1. French iOS hacker Pod2g took to his Twitter account on Wednesday and announced that he and his team are now in possession of all the required exploits to start working on a new jailbreak.
Kukil Bora
Apr 19, 2012
Facebook acquired Instagram for $1billion, most of which will be paid in stock. The company could be valued at more than $75 billion.
Michael Nunez
Apr 18, 2012