Google's class A shares chalked up their largest single-day percentage change in more than seven years on Friday. The rise in Google's market value was more than the total market capitalization of Caterpillar Inc , the world's biggest construction equipment maker
Read moreBy Lauren Tara LaCapra NEW YORK (Reuters) – Symphony Communication Services LLC, a Wall Street-backed messaging and information startup, is about to start offering its product more widely. The company, which has more than 30,000 users in a “beta” version of its product, will roll out a new interface and iPhone application for them on Monday, Chief Executive David Gurle told Reuters in a recent interview.
Read moreSpeaking to analysts after its second-quarter report late on Thursday, Google Chief Business Officer Omid Kordestani pointed to Brooklyn-based Etsy as a good example of web companies winning more business due to Google's recent move to index information and pages within third-party apps. “Developers like Etsy are already seeing a boost in traffic as a result of deep linking,” Kordestani said. The jump in Etsy's shares pressured short sellers who recently increased bets against the company, which has grown from selling just wooden goods to include other crafts, vintage goods and recently, mass manufactured products
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