Facebook's board of directors on Friday authorized spending as much as $6 billion to buy back shares in the leading social network.
Facebook shares tumbled Thursday after the huge social network delivered a blockbuster earnings report but warned that its stunning growth pace was set to slow.
Verizon has cut jobs in stores across the country as it deals with increasing competition in the wireless industry.
Reorganizing itself under the umbrella company Alphabet has done wonders for Google—but less so for a grab bag of eclectic projects ranging from robotic cars to internet-beaming balloons, which are suffering costly growing ...
Cisco Systems is laying off 5,500 employees as the internet gear maker scrambles to adapt to a technology upheaval that has triggered similar cutbacks to other storied tech companies.
Business is booming at Google's parent company, Alphabet Inc., even as it loses billions of dollars on kooky-sounding projects that may never produce any revenue.
Conventional wisdom in strategy holds that companies need to choose between cost-cutting or revenue growth. Pursuing both strategies at the same time can result in incoherence—or getting stuck in the middle, some argue.
In spite of the overwhelming evidence of a skills deficit, a depressed middle class and growing inequality, the state of Illinois continues to underinvest in public higher education. But considering higher education funding ...
France's Deezer has postponed its planned IPO, citing market conditions, in what would have been the first music streaming service to go public.
Chinese Internet giant Tencent saw its net profit surge by 25 percent in the second quarter buoyed by growth in online advertising revenue and its popular messaging service WeChat, the company said Wednesday.