Twitter posts Q1 Loss and Higher Revenue


SAN FRANCISCO (AP) — Twitter booked a net loss in the first quarter because of stock compensation costs, but its results surpassed Wall Street's expectations thanks to a sharp increase in advertising...

BlackBerry Revenues Drop below a $1 billion


TORONTO (AP) — BlackBerry reported a steep drop in profit and revenue Friday as it transitions from a smartphone company to a software business under its new chief executive. Shares jumped 7 percent...

Biotech IPOs: Lessons on How a Company Manages to Succeed After Failure


The following post was published on the Knowledge@Wharton website on January 22, 2014. The data is in, and there is no question that 2013 was the most active year for biotechnology initial public...

Viacom fiscal 2Q net income up 16 pct


Viacom posts 16 pct increase in fiscal 1st-qtr net income on lower film-related losses NEW YORK (AP) — Viacom's net income for the first quarter jumped 16 percent as lower costs at its film division...

Google’s 4Q earnings rise 17 pct but ad rates fall


Google's delivers a mixed bag in 4th quarter as earnings climb while ad prices drop again SAN FRANCISCO (AP) — Google's fourth-quarter earnings rose 17 percent even though a long-running slump in its...

Amazon 4Q earnings up but miss targets


Amazon posts higher 4th-quarter earnings, revenue but falls short of expectations SEATTLE (AP) — Amazon's profit and revenue both grew in the latest quarter but its results fell below what Wall...

Zynga buying ‘Clumsy Ninja’ maker, cutting staff


Zynga buying 'Clumsy Ninja' maker, laying off 15 percent of employees in turnaround plan SAN FRANCISCO (AP) — Zynga Inc. said Thursday it was buying NaturalMotion, the company behind the hit mobile...

Facebook 4Q earnings Rise Sharply


Facebook 4th-quarter earnings, revenue surpass expectations, stock jumps NEW YORK (AP) — Facebook's quarterly earnings and revenue grew and surpassed expectations as the company expanded the number...

Comcast 4Q: gains video subs but earnings fall short


Comcast gains 43,000 video subscribers in 4th quarter as revenue beats, earnings come up short PHILADELPHIA (AP) — Comcast Corp. added 43,000 video subscribers in the fourth quarter — the first...

Yahoo’s 4Q results marred by revenue drop


Yahoo's 4th-quarter results show Internet company still struggling to boost advertising sales SAN FRANCISCO (AP) — Yahoo's latest quarterly report shows CEO Marissa Mayer is still having trouble...