(Reuters) – Yelp Inc reported a 40.1 percent rise in quarterly revenue as more businesses advertised on Yelp.com, its consumer review website. The company reported a net loss attributable to common stockholders of $8.1 million, or 11 cents per share, for the third quarter ended Sept.
Read moreBy Angela Moon NEW YORK (Reuters) – Ben Carson may be ahead of Donald Trump in the most recent national Republican presidential primary opinion poll but the celebrity billionaire is still the winner on social media. In the run up to Wednesday night's third debate for Republican candidates, Trump has averaged a score of 7.3 on Thomson Reuters social media sentiment analysis index in the six weeks since the previous debate. Carson, meanwhile, has averaged negative 3
Read moreTwitter Inc may be counting on Moments to drive growth, but the moment for celebrating a turnaround still looks far off. Anyone hoping that Chief Executive Jack Dorsey's plans to boost growth would have had a big impact on third-quarter results would have been disappointed.
Read moreABOARD AIR FORCE ONE (Reuters) – The White House on Wednesday praised U.S. senators for passing key portions of cyber security legislation aimed at protecting the nation from computer hacks and urged them reach a final measure with counterparts in the House of Representatives
Read morePolice arrested a 15-year-old boy in Northern Ireland on Monday over a cyber attack that may have led to the theft of data from among the 4 million customers of British broadband provider TalkTalk . A ransom demand was received by TalkTalk on Friday. “A 15-year-old boy was arrested on suspicion of Computer Misuse Act offences,” London's Metropolitan Police, whose cyber-crime unit has been investigating the attack, said.
Read moreBy Paul Sandle and Kate Holton LONDON (Reuters) – Burdened with a poor reputation for customer service, facing increasingly fierce competition and under pressure to hit challenging financial targets, the cyber attack at TalkTalk could not have come at a worse time for the British telecoms firm. Chief Executive Dido Harding shocked customers last week when she said that the broadband, TV, mobile and fixed line telephony services company had been hacked, potentially putting the private details of its 4 million customers into the hands of criminals. “TalkTalk doesn't go into this in the rudest of financial health, by any means,” Arete analyst Steve Malcolm told Reuters.
Read moreThe one-time hedge fund executive now running a biotech firm at the center of a drug-pricing controversy on Monday said he has bailed from a losing bet he made on another contentious drug maker: Valeant Pharmaceuticals International Inc . On the day last week that Valeant shares plunged in response to a shortseller’s accusation of accounting irregularities, Martin Shkreli, head of Turing Pharmaceuticals, took to Twitter to say he had bought shares of Valeant while at the same time selling short the shares of rival Allergan Plc , a transaction known as a pairs trade. Onward and upward,” Shkreli tweeted, just hours after Valeant laid out a detailed defense against the accusations of accounting fraud.
Read moreA federal judge has dismissed a lawsuit by Wikimedia and other groups challenging one of the U.S. National Security Agency's mass surveillance programs, the Baltimore Sun reported. The lawsuit filed in federal court in Maryland, where the spy agency is based, said the NSA is violating U.S
Read moreGoogle parent Alphabet Inc , Microsoft Corp and Amazon.com Inc made headway in the latest quarter in the areas that will be their main engines of growth for years to come, driving up shares across the tech sector on Friday. For Alphabet, search traffic on mobiles surpassed desktop traffic worldwide for the first time, while Amazon was able to boost margins, an area of concern, as its cloud business boomed
Read moreAfter a surprisingly strong quarter shorn of PayPal, further growth for eBay Inc will rest on its ability to make its website more visible to those searching for items to buy. EBay's shares rose as much as 13.5 percent on Thursday, a day after the company reported a better-than-expected profit for its first quarter since it spun off PayPal Holdings Inc, the payments processing business that had been its main engine of growth. At least seven analysts covering eBay's stock raised their price target, to a high of $33, while at least two cut their targets, to a low of $29.
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