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Apr 17, 2014

Google misses revenue target, ad prices slide

SAN FRANCISCO (Reuters) – Google Inc’s first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices.

Shares of Google were down 3 percent to $539.80 in afterhours trading on Wednesday, after initially sliding roughly 6 percent on the news.

Apr 16, 2014

Google first-quarter revenue misses Wall Street targets

SAN FRANCISCO (Reuters) – Google Inc’s first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, pushing its shares sharply lower.

Shares of Google were down 5.7 percent at $525 in after-hours trading on Wednesday.

Apr 16, 2014

Google Q1 revenue misses Wall Street targets

SAN FRANCISCO, April 16 (Reuters) – Google Inc’s
first-quarter revenue fell short of Wall Street targets
and margins narrowed as the price of its ads continued to
decline, pushing its shares sharply lower.

Shares of Google were down 5.7 percent at $525 in
after-hours trading on Wednesday.

Apr 15, 2014

Yahoo’s growth anemic as turnaround chugs along

SAN FRANCISCO (Reuters) – Yahoo Inc barely managed to expand its core advertising business in the first quarter despite Chief Executive Marissa Mayer’s two-year effort to revive growth at the Internet pioneer.

But its shares jumped 8 percent on strong results from Alibaba Group Holding Ltd, the Chinese e-commerce company in which it owns a 24 percent stake, ahead of its highly anticipated initial public offering.

Apr 15, 2014

Yahoo reports modest revenue growth in Q1, shares rally

SAN FRANCISCO, April 15 (Reuters) – Yahoo Inc
delivered modest revenue growth in the first quarter but its
shares jumped on strong results from Alibaba Group Holding Ltd
ahead of the Chinese e-commerce company’s highly anticipated
initial public offering.

Shares of Yahoo were up roughly 8 percent to $36.90 in after
hours trading on Tuesday.

Apr 14, 2014

Google unveils email scanning practices in new terms of service

SAN FRANCISCO, April 14 (Reuters) – Google Inc
updated its terms of service on Monday, informing users
that their incoming and outgoing emails are automatically
analyzed by software to create targeted ads.

The revisions more explicitly spell out the manner in which
Google software scans users’ emails, both when messages are
stored on Google’s servers and when they are in transit, a
controversial practice that has been at the heart of litigation.

Apr 14, 2014

Google spells out email scanning practices in new terms of service

SAN FRANCISCO, April 14 (Reuters) – Google Inc
updated its terms of service on Monday, informing users
that their incoming and outgoing emails are automatically
analyzed by software to create targeted ads.

The revisions more explicitly spell out the manner in which
Google software scans users’ emails, both when messages are
stored on Google’s servers and when they are in transit, a
controversial practice that has been at the heart of litigation.

Apr 14, 2014

Google to buy drone-maker Titan Aerospace

By Alexei Oreskovic

(Reuters) – Google Inc has acquired solar-powered drone maker Titan Aerospace as the Web search giant ramps up plans to deliver wireless Internet access to remote parts of the world.

Titan Chief Executive Vern Raburn declined to provide information on the price of the deal, which he said closed on Monday morning.

Apr 10, 2014

Facebook says WhatsApp deal cleared by FTC

SAN FRANCISCO (Reuters) – Facebook Inc said U.S. regulators have cleared its $19 billion acquisition of mobile messaging service WhatsApp, even as the Federal Trade Commission warned the two Internet companies on Thursday that they must not backtrack on commitments to user privacy.

The FTC’s Bureau of Consumer Protection, in a letter to the two companies on Thursday, said WhatsApp must adhere to its current privacy practices after the merger, including a promise not to use WhatsApp users’ personal data for targeted ads.

Apr 9, 2014

Facebook to require separate mobile app for messages

SAN FRANCISCO (Reuters) – Facebook Inc will no longer let users send and receive private messages within its main smartphone app, and will require that users install a separate messaging app, the Internet company said on Wednesday.

Facebook began notifying users in France, England and several other European countries on Wednesday that beginning in a couple of weeks they will need to install the company’s standalone Messenger app in order to send and receive messages.

    • About Alexei

      "I write about Internet companies including Google, Yahoo and Facebook. I’ve covered technology and business for more than ten years at publications including TheStreet.com, CNET and The Industry Standard magazine."
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