Facebook's stock price has passed its $38 IPO price for the first time since its rocky initial public offering more than a year ago.
Zynga shares fell on Wednesday after the pioneering social games firm hit quarterly earnings targets but revealed the number of players had ebbed.
US newspapers saw revenues fall two percent in 2012, an industry association said Monday, suggesting an easing of the woes of the beleaguered sector.
Oracle Corp. on Wednesday reported flat earnings for its fiscal third quarter, hurt by a continued drop in sales of hardware systems and a surprise decline in sales of new software—which the company attributed to a lackluster ...
Groupon shares took a nosedive Wednesday after the online deals giant surprised markets by reporting fresh losses in the past quarter and a weaker-than-expected outlook.
Zynga, the struggling social games pioneer, showed signs it is getting a grip on spending with an earnings report Tuesday revealing narrowing losses, which sparked an after-hours rally in shares.
Amazon.com says its fourth-quarter net income fell 45 percent, as higher revenue failed to keep pace with increased spending on order fulfillment and digital content.
LinkedIn Corp. outpaced Wall Street's expectations with its third-quarter results, solidifying its status as an investor favorite at a time when other Internet companies have fallen from grace.
EBay reported Tuesday that its third-quarter net income rose 22 percent thanks to higher revenue at its PayPal payments service and at the marketplaces business that includes eBay.com.
Facebook shares plunged nearly 11 percent Monday after an influential markets publication said the stock is only worth $15.