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Apple, Xiaomi trade smartphone barbs in China

Top executives from US technology giant Apple and Chinese smartphone upstart Xiaomi traded light-hearted barbs on Thursday at a Chinese Internet conference, acknowledging the fierce competition between the rivals.

dateNov 20, 2014 in Business
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Facebook's advertising revenue soars in 3Q

Facebook grew its advertising revenue by 64 percent in the third quarter, helped by a boost in mobile ads that are becoming an increasingly large chunk of the social networking giant's overall advertising business.

dateOct 28, 2014 in Business
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Out-of-patience investors sell off Amazon

Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded ...

dateOct 24, 2014 in Business
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Facebook sues law firms, claims fraud

Facebook is suing several law firms that represented a man who claimed he owned half of the social network and was entitled to billions of dollars from the company and its CEO Mark Zuckerberg.

dateOct 20, 2014 in Business
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Line says no IPO this year

The Japan-based operator of popular mobile messaging app Line said Monday it has decided not to go ahead with an initial public offering in Japan or overseas this year.

dateSep 22, 2014 in Business
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