Facebook boosted revenue by 32 percent in its first earnings report as a public company, bringing in US$1.18 billion and topping analysts' expectations slightly.
Stories by Cameron Scott
The file-sharing company BitTorrent has begun testing an advertising model through which it would share ad revenue with content producers whose work is downloaded through the service, promising a way for artists to monetize informal sharing of their digital content.
Twitter has issued its first report about the requests it has received from various governments for information about users.
The changes Twitter is making to its API policies triggered a wave of protest among its developers, but they might be necessary for the strategy Twitter has laid out for itself to make money and keep growing its service.
Twitter struggled with service disruptions Thursday morning Pacific time, although its status blog at one point said that the outage had been resolved.
Facebook has acquired Face.com, the facial recognition software company whose products power Facebook's photo tagging suggestions, according to a blog post.
US financial institutions face a serious competitive threat from the rise of mobile wallet payments apps, according to a consumer study released Monday by Carlisle and Gallagher, a consulting firm that specializes in financial services.
The Supreme Court on Monday declined to consider the petition of Joel Tenenbaum, a former doctoral student at Boston University who faces a fine of US$675,000 for illegally downloading 30 songs.
Google will begin in the next few days to incorporate the "knowledge graph" it has been building for two years into its search results.
Facebook announced on Monday that its total revenue rose 45 percent year over year in the first quarter of 2012, but its profit fell 12 percent.
Google's profit soared 61 percent in the first quarter, but the average "cost per click" paid to Google by advertisers declined for the second quarter running, the company reported Thursday.
Amid widespread concern about its new privacy policies, Google is now facing criticism over an offer to give users Amazon gift certificates if they open their Web movements to the company in a program called Screenwise.
Facebook's application Wednesday to sell shares on the open market includes hints about its plans for mobile use and online payments, and reveals previously guarded information about how much its executives get paid.