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.
The use of software that blocks online ads is expected to cost websites some $21.8 billion globally in 2015, a study showed Monday.
The New York Times said Thursday its digital paid subscriptions had topped one million for the first time, as it reported a jump in quarterly profits.
Twitter rolled out a News Tab feature to some of its U.S. users Tuesday, an experimental effort to make it easier for people to find headlines that are trending on the platform.
Facebook reported a dip in its quarterly profit Wednesday but said revenues surged on mobile advertising gains, as its user base neared 1.5 billion.
Twitter shares hit the slide on Tuesday as executives warned that the messaging service's path to mainstream popularity would be a long one.
It's official: Amazon is bigger than Wal-Mart. Amazon shares surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue.
Yahoo said Tuesday swung to a loss in the second quarter but that revenues grew as the Internet pioneer refocused its efforts on mobile and other growing sectors.
United Technologies Corp. posted second-quarter declines Tuesday in revenue and profit as a strong dollar cut exports. It also reduced its 2015 outlook on Otis elevator sales in Europe and China's slowing economy.
Facebook on Thursday confirmed that it is dabbling in video ads and sharing revenue with content creators, in a move that would compete with Google-owned YouTube.