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Tuesday, Jun 18 04:32 PM
Exclusive: Facebook reaches 1 million active advertisers
By Jennifer Saba (Reuters) - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world's No. 1 social network. Facebook executives are hoping to net even more small advertisers since 16 million local businesses, ranging from jewelry sellers to clothing stores, set up free pages on the network. ...
Tuesday, Jun 18 05:35 PM
Google challenges surveillance court on First Amendment grounds
SEATTLE (Reuters) - Google Inc asked the U.S. Foreign Intelligence Surveillance Court on Tuesday to allow it to publish aggregate numbers of national security requests it receives separately from criminal requests, on First Amendment grounds. In its filing, Google requested the court to allow it to publish the aggregate number of national security requests it receives, including disclosures under the Foreign Intelligence Surveillance Act (FISA), claiming it as part of its First Amendment right to free speech. ...
Tuesday, Jun 18 05:45 PM
Icahn seeks Dell share buyback, buys Southeastern stock
(Reuters) - Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private. Time is running out for Icahn. Next month, the company's shareholders will vote on whether to accept a $24.4 billion bid from the company's founder, Michael Dell, and private equity firm Silver Lake, and so far shareholders' reaction to two of Icahn's proposals has been mixed. Icahn has said repeatedly that Michael Dell's bid undervalues the company. ...
Monday, Jun 10 07:01 PM
Apple Upgrades - Not Sexy, But Awesome
At its annual Worldwide Developer's Conference, Apple announces new operating systems and faster computers.