27/07/2012

Facebook shares hit new low on growth worries

Facebook shares on Thursday sank to a new low after the world's leading social network reported a loss of $157 million in its first earnings after its public offering.

Amazon profit plunges on acquisition cost

Online retail titan Amazon said its profit in the past quarter plunged 96 percent, with the cost of buying a robotics firm hurting already weak results.

Onlookers hamper whale rescue in Indonesia

Rescuers in Indonesia fought Friday to help a sperm whale stuck in shallow waters to return to sea, as their efforts were hampered by local residents arriving on boats and driving it back to shore.

Twitter explains new mystery outage

A freak double failure in its data centers took Twitter down for around an hour Thursday, leaving millions without updates from friends, celebrities and news providers a day ahead of the Olympics.

Galaxy phones drive Samsung to record profit again

(AP) — Samsung, the world's largest technology company by revenue, reported another record-high quarterly profit as customers flocked to Galaxy smartphones, helping it outdo rivals at a challenging time for the global ...

Amgen posts higher 2Q sales, profit to beat views

(AP) — Amgen Inc.'s second-quarter net income rose 8 percent as the world's largest biotech company benefited from higher sales for its top-selling drugs and a gain from selling its share of an experimental medicine.

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