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Google 2012 revenue hits $50 billion, profits up

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AP FILE PHOTO

Google reported Tuesday that its profit climbed and its annual revenue hit an unprecedented high last year as it evolved to stay in tune with people using smartphones and tablets.

Posted: January 23rd, 2013 in Latest Business Stories | Read More »

Google shares hit new high

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AP FILE PHOTO

Google shares rose more than two percent to a new high of $749.38 at the close of the Nasdaq exchange on Monday and continued to rise in after-hours trading.

Posted: September 25th, 2012 in Latest Business Stories | Read More »

Facebook stock limps into Monday

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The Chrysler Building is visible behind the animated facade of the Nasdaq MarketSite, welcoming the Facebook IPO, in New York's Times Square, Friday, May 18, 2012. Facebook resumes trading on Wall Street on Monday with shares being closely watched to see how well they stand on their own.   AP PHOTO/RICHARD DREW

Facebook resumes trading on Wall Street on Monday with shares being closely watched to see how well they stand on their own after stumbling out of the gate in a historic but lackluster debut.

Posted: May 21st, 2012 in Latest Business Stories,Photos & Videos | Read More »

Facebook fervor fierce ahead of IPO

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AFP FILE PHOTO

Facebook frenzy is spreading ahead of the company’s big-time stock market debut, with anything from Mark Zuckerberg’s hoodie to the billion-dollar buy of Instagram sparking controversy.

Posted: May 13th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Cisco closing Flip business, cutting 550 jobs

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SAN FRANCISCO, California – US networking giant Cisco announced Tuesday it is shutting down its Flip video camera business, which it bought just two years ago for $590 million, and cutting 550 jobs. Cisco’s surprise decision to shut down the Flip unit was part of what the company said was a move to exit aspects [...]

Posted: April 13th, 2011 in Latest Business Stories | Read More »

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