Facebook Inc News
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Updated 48 minutes ago
Marissa Mayer is buying companies like it’s 1999.
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Updated 27 minutes ago
Apple Inc. Chief Executive Officer Tim Cook is going somewhere his predecessor never ventured: the witness table at a congressional hearing on Capitol Hill.
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Updated 31 minutes ago
Yahoo! Inc. Chief Executive Officer Marissa Mayer is staking the future of the largest U.S. Web portal on a six-year-old blogging startup with little revenue and a freewheeling stance on content created by users.
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Kasowitz, Benson, Torres & Friedman LLP hired insurance recovery litigators Jerold Oshinsky and Linda Kornfeld from Jenner & Block LLP as partners to open the firm’s Los Angeles office.
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Updated 15 minutes ago
Tumblr Inc. Chief Executive Officer David Karp, a 26-year-old who started the company in 2007, signed a note announcing Yahoo! Inc.’s $1.1 billion acquisition with the closing, “F--- yeah.”
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Updated 15 minutes ago
Tumblr Inc.’s $1.1 billion purchase by Yahoo! Inc. marks the biggest deal for a venture-backed New York startup, bringing a windfall for East Coast investors Union Square Ventures and Spark Capital while laying a foundation for further investing in the region’s entrepreneurs.
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Microsoft Corp. is revamping the Xbox to fend off a breed of competitors ranging from Apple Inc. to Facebook Inc. Those companies were nowhere in gaming when the software maker debuted its last version five years ago.
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Updated 2 hours, 3 minutes ago
U.S. stocks declined, after the Standard & Poor’s 500 Index climbed four straight weeks, as investors weighed the pace of central bank stimulus efforts amid corporate dealmaking.
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Updated 1 hour, 26 minutes ago
Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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Updated 29 minutes ago
Movement in the House and Senate on revising U.S. immigration law belies a long-running rift between business and labor that could derail the bill.
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