Global ridesharing startup Uber has closed a deal raising nearly $1 billion in fresh capital, pushing its valuation to more than $50 billion, the Wall Street Journal reported Friday.
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.
Drugmaker AbbVie Inc. reported better-than-expected second-quarter profit, but its sales disappointed Wall Street.
U.S. stocks moved lower in afternoon trading Tuesday, on course for their first broad decline in three days. Weak results from IBM, United Technologies and other companies weighed on the market. Apple and Microsoft were among ...
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.
Malaysian authorities said they had blocked a UK-based website that had published corruption allegations against Prime Minister Najib Razak, but the portal vowed Monday to press on with its exposes.
EBay sold its Enterprise business for $925 million and topped Wall Street expectations for its second-quarter earnings as the online retailer prepares to spin off PayPal.
When technology breaks down now, people's lives go haywire, too.
It was a rough day for tech: The nation's biggest airline, its oldest stock exchange, and its most prominent business newspaper all suffered technology problems that upended service for parts of the day.