AOL unveils buyback, special dividend

AOL said Monday it was launching a share buyback worth some $600 million and paying a special dividend as part of its plan to distribute proceeds from a billion-dollar patent sale.

AOL posts profit in 'milestone' quarter

AOL on Wednesday posted a profit for the second quarter of $970.8 million, boosted by a big sale of patents, while citing signs of progress in turning around the struggling Internet firm.

News aggregator Ongo to shut down

Online news service Ongo, which launched last year as a paid "aggregator" for various newspapers, said Tuesday it would close down by the end of the month.

Netflix's 1Q tops forecasts, stock still plummets (Update)

(AP) -- Netflix's comeback from a customer backlash accelerated during the first quarter, but the recovery wasn't impressive enough to ease more pressing concerns about the Internet video subscription service's ability to ...

Ahead of the Bell: Netflix to unveil 1Q results

(AP) -- Investors will be focusing on how many customers Netflix has been adding and how much money the company has been losing when the video subscription service releases its first-quarter results.

'Marley' to stream on Facebook while in theaters

(AP) -- The Bob Marley documentary "Marley" will stream on Facebook simultaneously during its theatrical opening, a signal that social media may also play a role in shifting movie release windows.

Oracle's fiscal 3Q to provide gauge on technology

Oracle's latest quarterly earnings should provide a peak at just how confident companies have become in the economy by their willingness to spend money on new technology.

Netflix settlement trims 14 pct off 4Q earnings

(AP) -- Netflix pressed the rewind button on its fourth-quarter earnings after settling allegations that the video subscription service violated a consumer-privacy law.

Netflix customers return in 4Q; stock soars 16 pct

(AP) -- Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.

Netflix unveils video service in UK, Ireland

(AP) -- Netflix's Internet video service made its debut in the United Kingdom and Ireland Monday as part of a previously announced expansion that is expected to saddle the company with its first annual loss in a decade.

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