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Facebook soars to new heights on upbeat earnings

Facebook shares rocketed to an all-time high Thursday as investors welcomed solid earnings for the social networking giant, which has seen big gains in advertising and better connections in mobile and video.

dateNov 05, 2015 in Business
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Microsoft cuts 7,800 jobs, reorganizes phone unit

Microsoft announced plans Wednesday to cut 7,800 jobs and write down the value of its struggling mobile phone division acquired last year from Nokia by some $7.6 billion—fresh evidence of its woes in the global smartphone ...

dateJul 08, 2015 in Business
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