Microsoft is expected to overtake Yahoo for the first time in digital advertising revenues, a research firm said Tuesday.
Facebook profits tripled to $642 million in the first quarter on a 72-percent surge in revenues helped by strong gains in mobile users and mobile advertising.
Comcast's first-quarter net income rose by nearly a third as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon's elevation as host of "The Tonight Show."
Yahoo reported a stronger-than-expected first-quarter profit Tuesday, results hailed by chief executive Marissa Mayer as showing growth in the Web giant's "core" business.
US news media revenues have tumbled by roughly a third since 2006 amid a shift to digital media, researchers said Thursday.
Worldwide spending on mobile advertising is expected to reach $31.5 billion this year, a 75 percent increase from 2013 thanks largely to Facebook and Google, according to a new report by research firm eMarketer.
Yahoo is cribbing from Yelp's online reviews of local merchants to soup up its search engine.
Facebook said Wednesday that profit soared in 2013 on the back of sizzling mobile ad revenue as the social network's membership swelled.
Facebook chief Mark Zuckerberg will sell a chunk of his stake in the company, cashing in some $2.3 billion, as part of a new share offering by the huge social network.
Industry tracker eMarketer forecasts that YouTube will rake in about $5.6 billion from ads this year, pocketing nearly two billion of those dollars as profit.