- Smart Spending: Why investors are applauding Amazon earnings
NEW YORK (AP) — Amazon.com Inc.'s fourth-quarter earnings roundly beat analyst expectations, sending the Seattle e-commerce giant's stock soaring 14 percent in aftermarket trading. Here's a closer look at what investors applauded and hope continues.
- Google's 4Q earnings disappoint, but CFO eases the letdown
SAN FRANCISCO (AP) — Google has gotten into the habit of missing analysts' earnings targets, frustrating investors who believe the online search leader would be more profitable it wasn't pouring so much money into far-flung projects such as Internet-connected eyewear and driverless cars.
- Amazon's big spending pays off in 4th quarter
NEW YORK (AP) — It was a Prime quarter for Amazon.
- Alibaba run-in with China regulator signals tougher scrutiny
BEIJING (AP) — For years, Alibaba faced complaints it failed to stamp out sales of counterfeit goods on its e-commerce websites. But Chinese regulators stayed silent, apparently reluctant to disrupt the rise of an Internet star even as they accused foreign automakers, dairies and others of violating anti-monopoly or consumer protection rules.
- Alibaba shares tumble on 4Q revenue miss
NEW YORK (AP) — Alibaba's Group shares dropped 10 percent on Thursday after the Chinese e-commerce powerhouse reported holiday-quarter revenue that surged 40 percent but missed analyst expectations.
- Smartphone Snapshot: Samsung getting squeezed
SAN FRANCISCO (AP) — The runaway success of Apple's newest iPhone has fueled a dramatic shift in the global market: the California tech giant is now neck-and-neck with South Korea's Samsung for the title of world's leading seller of smartphones.
- Samsung's 4Q earnings drop 27 percent, beats forecast
SEOUL, South Korea (AP) — Samsung Electronics Co. says its quarterly earnings dropped 27 percent in the fourth quarter but its result beat forecasts.
- SpongeBob online? Nickelodeon to offer Internet subscription
NEW YORK (AP) — SpongeBob fans rejoice: Nickelodeon is the latest cable channel to plan a stand-alone Internet offering.
- FTC settles case against 'revenge porn' site operator
WASHINGTON (AP) — A Colorado man accused of operating a "revenge porn" website has settled with federal regulators who said he broke the law by posting nude pictures of women without their consent or knowledge.
- Blogger helps raise $1 million so NYC kids can visit Harvard
NEW YORK (AP) — A fundraising campaign inspired by the popular photo blog Humans of New York has raised more than $1 million to send middle-school students from a high-poverty Brooklyn school on field trips to Harvard.
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