Twitter Inc., seeking a bigger slice of the more than $15 billion auto-advertising market, said households with users of its service were twice as likely to buy a new car as the average U.S. household.
CBS Corp., owner of the most-watched television network, reported quarterly profit that beat estimates, helped by programming deals, and accelerated its stock buybacks by $1.5 billion. The shares rose.
CBS Corp., owner of the most-watched television network, reported fourth-quarter profit that beat analysts’ estimates, helped by new programming agreements, and accelerated its stock buybacks by $1.5 billion.
Yahoo! Inc. Chief Executive Officer Marissa Mayer dismissed Chief Operating Officer Henrique de Castro after 14 months, amid disappointment with his efforts to boost growth, according to people with knowledge of the matter.
Facebook Inc.’s initial public offering will give Chief Executive Officer Mark Zuckerberg access to more than $15 billion that may step up the pace and size of acquisitions after a $1 billion deal for Instagram.
Oct. 22 (Bloomberg) -- Brian Wieser, an analyst at Pivotal Research LLC, talks about Yahoo Inc.'s performance and outlook. The world's biggest U.S. Web portal today reported profit and sales that beat estimates. He speaks with Nicole Lapin on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)