Business

Russia May Kick Out LinkedIn

A LinkedIn block in Russia could be imminent, in light of last week's court ruling that the company broke a law requiring personal data on Russian citizens to be stored on servers within the country. Roskomnadzor, Russia's telecommunications and media authority, is waiting until it has the full text...

Google on Thursday fired back at the European Commission's charges that it violated antitrust law by imposing coercive rules on mobile operators and developers who use or write applications for its Android operating system. The EC this spring charged that Google's requirements to use its search engi...

Twitter Chief Operating Officer Adam Bain is leaving the company, according to a document the company filed with the Securities and Exchange Commission earlier this week. The news comes just weeks after Twitter's attempt to find a buyer failed. Bain ran the company's entire revenue business. Chief F...

Google last week filed a response in a 6-year-old antitrust battle with the EU, which has charged that its search ads unfairly promoted its own shopping service and blocked rivals. The response addresses a supplementary statement of objections the European Commission sent to Google this summer. The ...

Facebook on Wednesday reported a record Q3, beating analysts' expectations for the fourth straight quarter, but investors' concerns about the future drove down share prices. They closed Thursday at $119.95, down more than $7 from Wednesday's closing price of $127.17. Friday saw little movement, with...

ANALYST CORNER

Can Charter Turn a Frog Into a Prince?

Charter intends to revive the damaged Time Warner Cable image and brand in the minds of the customer and investor, which is both a challenge and an opportunity. Charter and Comcast are two of the companies American consumers hate the most. However, the pay-TV industry has begun a complete transforma...

Chip manufacturer Broadcom has announced a deal to buy Brocade Communications, a major supplier of fiber channel storage area networking technology to data centers, for $5.5 billion in cash and the assumption of Brocade's $400 million debt. That represents a 47 percent premium over Brocade's closing...

Amazon shares closed at $785.14 on Monday, having failed to rebound from last week's slide. The company's stock had closed at $818.36 last Thursday, just before the company reported third-quarter earnings that fell surprisingly short of Wall Street estimates and warned of future revenue weakness. Th...

The United States Federal Communications Commission last week adopted privacy rules for both wired and wireless broadband ISPs aimed at giving consumers greater control over their data, more privacy, and stronger security safeguards for that data. The rules implement Section 222 of the Communication...

Twitter shares were up Friday in the aftermath of the company's report of third-quarter earnings that beat Wall Street estimates, despite declining revenue growth. Twitter also announced a widely expected round of job cuts and the unexpected shutdown of Vine. Twitter has been on financial oxygen in ...

Twitter appears close to slashing another 300 jobs, or about 8 percent of its workforce, as it works to recover from a failed round of acquisition talks with several suitors. The job cuts likely would be in sales. Twitter might be taking steps to make itself look more attractive to investors in prep...

AT&T and Time Warner on Saturday announced they had reached a merger deal, setting off alarm bells across the industry. AT&T has agreed to buy Time Warner for $85.4 billion. At least a year's worth of regulatory scrutiny, public hearings and political maneuvering is expected. The deal, which...

AT&T and Time Warner on Saturday announced they had reached a merger deal, setting off alarm bells across the industry. AT&T has agreed to buy Time Warner for $85.4 billion. At least a year's worth of regulatory scrutiny, public hearings and political maneuvering is expected. The deal, which...

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