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Twitter shares sink on worries about usage

Shares in Twitter sank more than 12 percent Tuesday as disappointing user numbers overshadowed a doubling of income in its third quarter and sparked several analyst downgrades.

Cisco to cut 4,000 jobs (Update)

Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.

Mobile ads help grow Facebook's 1Q revenue 38 pct.

A year ago, Facebook was just testing the waters of mobile advertising, causing plenty of headaches for investors ahead of its massive initial public offering. It has since eased those worries.

Intel 4Q profit down, beats Street (Update)

Intel Corp., the world's largest chipmaker, on Thursday said its fourth-quarter net income fell 27 percent from the previous year, as PC sales continued to weaken.

Sprint loss widens on Nextel, iPhone lifts sales

(AP) -- The impending shutdown of the Nextel network doubled Sprint Nextel Corp.'s loss in the first quarter, it said Wednesday, as it wrote down the value of the network and subscribers kept leaving it.

Intel 1Q earnings fall 13 percent, revenue steady

(AP) -- First-quarter earnings at Intel Corp. fell 13 percent as spending on research and marketing rose while revenue was flat, the world's largest chipmaker said Tuesday.

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