Facebook Inc. and Microsoft Corp. have teamed up to build a new fiber optic cable under the Atlantic Ocean, the latest evidence that the biggest U.S. tech companies are seeking more control over the Internet’s plumbing.
On Thursday oil prices rose above $50 a barrel, putting crude back within a range between $50 and $60 in which almost everybody benefits, economists and investors say.
A federal jury ruled that Google’s use of Oracle Corp.’s Java software didn’t violate copyright law, the latest twist in a six-year legal battle between the two Silicon Valley titans.
Twitter Inc. is losing two senior executives, departures that come as the social-media company continues to try to keep key talent on board.
Home-rental firm Airbnb is betting that its sponsorship of the Rio Olympics will cement its status as a mainstream lodging option in its fourth-largest market.
Reported earnings faltered last year, but to help set bonus payments many companies relied on pro forma measures.
Gawker Media has hired an investment banker to explore strategic options including a potential sale, as the company fights a costly legal battle with professional wrestler Hulk Hogan.
Leaders of the Group of Seven leading industrialized nations talked Thursday about ways to stoke the global economy, but appeared to disagree on the risks to growth and exactly how to respond.
Communications start-up Twilio Inc. has filed to go public, betting on the strength of its cloud-based applications and the integration of communication services in everyday life.
Intel, moving to bolster its technology for use in cars and other new markets, is acquiring Russian company Itseez, which specializes in computer vision.