Consumer Web/Social Media

Worldwide Chromebook sales set to reach 7.3 million units in 2015: Gartner

Market research firm Gartner Inc estimated 7.3 million Chromebooks would be sold this year, helped mainly by demand from the education industry.


Yahoo shares plunge on report IRS considering spin-off rule changes

Shares in Yahoo Inc (YHOO.O) fell 7.6 percent on Tuesday, as the stock sold off dramatically in the last 20 minutes of the trading day on worries that a potential change in U.S. tax regulations would affect Yahoo's expected spinoff of its stake in Alibaba Group Holding Ltd (BABA.N).

LinkedIn follows Twitter, shocks social media investors

Another day, another shock for investors in social media stocks. Shares of LinkedIn Corp, operator of the most popular social network for professionals, fell 20 percent in early trading on Friday, wiping out more than $6 billion of market value, after the company slashed its full-year forecast.

Twitter cuts revenue forecast, shares slump

Twitter Inc (TWTR.N) posted quarterly revenue that missed Wall Street targets and cut its full-year revenue forecast due to weak demand for its new direct response advertising, sending its shares down as much as 24 percent on Tuesday.


Latest News

Google Inc (GOOGL.O), already one of Washington's biggest spenders, set a company record for its lobbying activity in the first quarter of 2015 when it spent $5.5 million, according to a government database.
Yahoo Inc missed Wall Street's revenue and profit forecasts as slight growth in its online advertising businesses was outweighed by higher payments to websites which send readers to Yahoo.
Start small, win quick, then move on to bigger issues. That appears to be the European Union's strategy to pursue Google (GOOGL.O) in a competition dispute by choosing to push a narrow set of charges around its shopping service, while opening another investigation of Google's Android mobile phone software.
Microsoft Corp and Yahoo Inc amended a 2009 search partnership, giving Yahoo more control over how search results are displayed on desktops and mobile devices.
Video streaming pioneer Netflix Inc added more subscribers in the first quarter than it had projected, helped by aggressive expansion in overseas markets.
The European Union accused Google Inc on Wednesday of cheating consumers and competitors by distorting Web search results to favor its own shopping service, after a five-year investigation that could change the rules for business online.
Trade associations representing large U.S. Internet service providers are expected to take the lead in suing the Federal Communications Commission over its new web traffic regulations, according to several people familiar with the plan.
Ford Motor Co (F.N) wants Tencent Holdings Ltd (0700.HK) to tailor its popular chatting app for the firm's cars in China, as automakers in the world's largest market vie for drivers that care about high-tech features as much as engine size.
A panel of experts appointed by Google to advise it on a European court ruling ordering it to remove some personal information from search results is leaning toward limiting the application to European websites only.
Facebook Inc's (FB.O) revenue grew 49 percent in the fourth quarter, as mobile advertising growth helped the world's largest Internet social network beat Wall Street's targets for earnings and sales.
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