Nokia turns to Q1 profit but networks division is a concern

Buoyed by strong overall sales, Nokia made a net profit of 177 million euros ($195 million) in the first quarter from a loss a year earlier, but its shares plummeted more than 10 percent Thursday over a weak performance at ...

EBay posts higher 1Q net income and revenue

(AP) -- EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's ...

Uber wins $1bn investment from Toyota, SoftBank fund

Japanese car giant Toyota and investment fund SoftBank Vision Fund on Friday unveiled an investment of $1 billion in US company Uber to drive forward the development of driverless ridesharing services.

Netflix enjoys marquee day as stock soars 42 pct (Update 2)

Netflix's rollercoaster ride on Wall Street has surged to new heights. The company's stock climbed Thursday $43.60 to close at $146.86 as investors celebrated a fourth-quarter earnings report highlighted by accelerated growth ...

Turkey bans YouTube after Syria security talk leaked

Turkey banned video-sharing website YouTube on Thursday, having blocked Twitter a week earlier after both were used to spread audio recordings damaging to the government, local media reported.

Cricket's Muve Music attracts 200,000 subscribers

(AP) -- Muve Music, the unlimited music plan offered by prepaid cellphone company Cricket, has doubled the number of subscribers it has to 200,000 in the past two months.

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