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Pandora loss shrinks as revenue rises

Internet radio firm Pandora on Wednesday reported that its revenue climbed in the recently-ended quarter but that it still lost money due in large part to royalties paid out for songs.

Twitter CEO says company has 'a truckload of money'

Twitter Inc. Chief Executive Dick Costolo said the short message social network has a "truckload of money in the bank" and would remain a private company for as long as it wants.

Facebook IPO has privacy implications, advocates say

Facebook's IPO could be one of the most successful in history, but that very success could force the company to make a choice between protecting users' privacy and exploiting their personal data.

Regulators, ad companies huddle over 'Do Not Track' features

The momentum of a growing multibillion-dollar industry is colliding with online privacy worries this week, as regulators and privacy advocates face off against the Internet advertising industry to hash out how proposed "Do ...

New Yahoo CEO sweeps out 2,000 employees in purge

(AP) -- Yahoo's turnaround attempt is going to be messy. In his first three months on the job, CEO Scott Thompson has imposed the largest layoffs in the company's 17-year history, reshaped the board of directors, picked ...

Brazil has 47.5 million active Internet users

The number of active Internet users in Brazil rose two percent in January and more than 11 percent over the past 12 months to reach 47.5 million, IBOPE Nielsen Online reported Monday.

US hedge fund seeks five seats on AOL board

A US hedge fund with a large stake in AOL laid claim on Friday to five seats on the board of directors of the Internet company and criticized the strategy of the current management.

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