Facebook shares took a wild ride after the company’s earnings report Wednesday.
Move could improve the company’s smartphone products and help foster the spread of Internet access.
SAN FRANCISCO (AP) — Facebook’s stock is soaring after the world’s biggest social network posted higher revenue from mobile ads and delivered a healthy second-quarter profit that reversed a loss a year ago. Facebook Inc. said Wednesday that it earned $333 million, or 13 cents per share, in the April-June period. That’s up from a […]
Google Wins Key Ruling in Book-Scanning Case Jonathan Stempel, reporting for Reuters: “Google notched a legal victory in its bid to create the world’s largest digital books library, winning the reversal of a court order that had allowed authors challenging the project to sue as a group. “A panel of the 2nd U.S. Circuit Court […]
Google on Surveillance Earlier this week, Google cited its right under the First Amendment to disclose more details to the public about its role in the U.S. government’s surveillance programs. In a document filed with the secret U.S. Foreign Intelligence Surveillance Court, the company said it needed to reveal more because “Google’s reputation and business […]
NEW YORK (AP) — Facebook is adding video to its popular photo-sharing app Instagram, following in the heels of Twitter’s growing video-sharing app, Vine. Instagram co-founder Kevin Systrom said Thursday that users will be record and share 15-second clips by tapping a video icon in the app. They can also apply filters to videos to […]