Aaron Kessler News
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Netflix Inc., the world’s largest video-subscription service, reports first-quarter results today that will tell investors whether the company can sustain a rebound in customers.
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Amazon.com Inc ., the largest online retailer, fell 7.2 percent in New York trading after forecasting first-quarter profit that may be lower than analysts predict as it steps up spending on warehouses and data centers.
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Amazon.com Inc ., the world’s largest online retailer, said first-quarter profit may be lower than analysts predicted as it steps up spending on warehouses for products and data centers to support its Web Services unit.
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Sina Corp. , the owner of China’s third-most visited website and the Twitter-like Weibo service, fell for a fifth day in New York, extending losses after the biggest decline since 2008 yesterday.
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Baidu Inc. , owner of China’s most popular online search engine, rose to a record in U.S. trading after reports about new services the company is developing.
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YouTube is running advertisements on videos more than 3 billion times a week, a 50 percent increase from May, helping Google Inc. wring more revenue from its largest acquisition.
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The following are the day's top business stories:
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Google Inc. is awaiting its fate in China after the search-engine operator submitted a revised proposal to keep its Internet license in the world’s biggest Web market by users.
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Apple Inc. ’s piggybank, stuffed with $51 billion in cash and investments, is earning a lower return than a typical U.S. savings account. Some investors say Steve Jobs should put that money to better use.
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Peter Thiel, whose Clarium Capital Management LLC lost 90 percent of assets from its peak until the end of last year, plans to invest the global macro hedge fund in what made him a billionaire: private technology ventures.
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