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Yahoo - Technology (Internet)
Oct 24, 2014 04:09PM
Oct 24, 2014 04:09PM
By Deepa Seetharaman and Ross Kerber SAN FRANCISCO/BOSTON (Reuters) - Amazon.com Inc's once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector's highest valuations drew widespread ire after a spectacular results letdown on Thursday. Amazon missed expectations across the board - on margins, on its net loss and on revenue. An unaccountably poor 7 to 18 percent revenue growth forecast for the typically strongest holiday quarter was the final straw for some. ...
Oct 24, 2014 03:54PM
By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products. The India-born executive will have oversight over products such as search, maps, Google+, commerce, advertising and infrastructure, according to a Google spokesman. Six executives who previously reported to Page, including the heads of research, social media and search, will now report to Pichai, according to Re/code, which first reported the change on Friday, citing an internal memo. ...
Oct 24, 2014 05:16AM
LONDON (Reuters) - Britain's Queen Elizabeth made her first foray into the world of social media on Friday when she sent out her inaugural message on Twitter. "It is a pleasure to open the Information Age exhibition today at the @sciencemuseum and I hope people will enjoy visiting. Elizabeth R," the 88-year-old monarch tweeted at the opening of a new gallery at London's Science Museum. The message, sent at 10.35 GMT (6.35 a.m. EDT), had already been re-tweeted more than 4,000 times less than 45 minutes later. ...
Oct 24, 2014 05:14AM
LONDON (Reuters) - The Queen made her first foray into the world of social media on Friday when she sent out her inaugural message on Twitter. "It is a pleasure to open the Information Age exhibition today at the @sciencemuseum and I hope people will enjoy visiting. Elizabeth R," the 88-year-old monarch tweeted at the opening of a new gallery at London's Science Museum. The message, sent at 10.35 GMT (11.35 a.m. BST) , had already been re-tweeted more than 4,000 times less than 45 minutes later. ...
Oct 23, 2014 06:27PM
(Reuters) - Pandora Media Inc, operator of the leading Internet radio service, reported a lower-than-expected increase in listeners in the third quarter, sending the company's shares down 8 percent in extended trading on Thursday. Pandora said it had 76.5 million active listeners as of Sept. 30, an increase of 5.2 percent from a year earlier. Analysts, on average, had expected 76.7 million, according to market research firm StreetAccount. "In an increasingly competitive environment, driving monthly active user growth will be more challenging particularly given our already significant market position," Chief Executive Brian McAndrews said on a call with analysts.
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