Related topics: net profit · net income · iphone

Facebook toys with mobile game publishing

Facebook on Tuesday got into the business of publishing mobile games, offering developers help at going global with smartphone or tablet titles in exchange for a share of revenue.

Google braces to pay at least $500M in ad probe

Google Inc.'s lucrative online advertising system is facing a U.S. Justice Department investigation that is expected to cost the Internet search leader at least $500 million.

Microsoft's fiscal 1Q earnings hit analyst target (Update)

(AP) -- Microsoft's Windows franchise regained some of its vigor during the company's latest quarter, but that might not be enough to overcome the perception that the world's largest software maker is being outmaneuvered ...

Apple stock hits latest 52-week low

Shares of Apple hit their lowest level in more than a year on Monday, continuing a decline hastened by the company's last quarterly earnings report.

Icahn takes eBay stake, seeks PayPal spinoff

EBay said Wednesday that activist investor Carl Icahn had taken a stake in the online retailer and was seeking a spinoff of its PayPal financial payments unit.

Apple shares soar, edges ExxonMobil in market cap

Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.

Apple shares close over $500 (Update)

Apple's stock Monday topped $500 for the first time on Wall Street even as a probe started looking into work conditions at a Chinese factory that cranks out the California company's coveted gadgets.

Apple chief says factory labor under scrutiny

Apple chief executive Tim Cook said Tuesday that ensuring safe working conditions at plants making its coveted gadgets is a priority, as an audit of a key supplier continued in China.

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