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NEW YORK: Facebook profits tripled to US$642mil in the first quarter on a 72% surge in revenues helped by strong gains in mobile users and mobile advertising.
NEW YORK: U.S. stocks dipped on Wednesday to snap a six-session winning streak as gains in Boeing and Gilead were offset by slides in AT&T and the wider biotech sector.
PETALING JAYA: Media Prima Bhd targets Tonton, it's online TV business, to break even within the next three to five years.
Google Inc will allow marketers to run online ads that send consumers to a page directly inside a mobile app, furthering the Internet company's effort to extend its multibillion-dollar advertising business to smartphones.