Facebook surpassed quarterly profit and revenue estimates on Wednesday as the social media giant found more ways to attract advertisers to its mobile app and Facebook News Feed, sending its shares to an all-time high.
A 14 billion pound ($18 billion) class action lawsuit against MasterCard for allegedly overcharging more than 45 million people in Britain over a 16-year period was blocked by a British court on Friday.
Sears Holdings Corp's shares soared 20% after the struggling retailer said it would sell its Kenmore home appliances on Amazon.com and integrate the brand's smart gadgets with the online giant's Alexa digital assistant.
U.S.-based payment card companies, including AmEx, MasterCard and Visa, are preparing to submit license requests to operate in China within months, according to three people with direct knowledge of the matter.
Facebook is in early talks with several news publishers about how its site can better support subscription business models, the company's head of news partnerships, Campbell Brown, said in a statement on Wednesday.
The owners of shopping tax-refund firm Global Blue have held talks with investment banks over the past two days to choose advisers for a possible share sale next year, sources familiar with the matter told Reuters.
The company plans to hire 100 more employees, or ‘gurus’ as it calls its Irish support staff, over the next 12 months. All jobs will be available on a remote basis and add to its 150- strong workforce.
U.S. Representative David Cicilline, the top Democrat on the House of Representatives Judiciary Committee's antitrust panel, has urged the subcommittee to hold a hearing on Amazon's plan to buy Whole Foods Market Inc .
Amazon’s global scope and reach has been finally revealed with international research finding that 57% of online US consumer spend is done through the e-tail giant. And this figure is expected to rise, says a new report.
Twitter Inc on Tuesday hired Ned Segal, senior vice president of finance at Intuit Inc and a former managing director at Goldman Sachs Group Inc, as its chief financial officer beginning in late August.
British Vogue’s new editor Edward Enninful is continuing to shake up the staff list on the magazine with news that he has named Naomi Campbell, Kate Moss and Oscar-winning director Steve McQueen to roles there.