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BUSINESS
October 17, 2013 | By Jessica Guynn
SAN FRANCISCO - Google Inc.'s quarterly results topped Wall Street expectations as the technology giant continued to grow its mobile advertising business, propelling its shares into record territory. The company keeps minting money despite investors' worries that its search advertising business will take a tumble as consumers spend more time on mobile devices, on which ads are cheaper and less effective than on desktop computers. As with competitors Facebook Inc. and Yahoo Inc., Google has come under pressure from investors as more consumers access the Internet from smartphones and tablets.
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BUSINESS
October 25, 2007 | Joseph Menn and Jessica Guynn, Times Staff Writers
Microsoft Corp. emerged Wednesday with a rare triumph over archrival Google Inc., winning the right to invest in Facebook Inc. in a deal that valued the social networking upstart at a staggering $15 billion. Microsoft is betting that online social networking is the marketing platform of the future, letting advertisers narrowly target their brands to people who group themselves around such affinities as the Lakers or French cooking.
BUSINESS
June 15, 2013 | Jessica Guynn
Facebook Inc. and Google Inc. want people the world over to trust them with the most intimate details of their lives. Now both Silicon Valley companies are fighting to preserve that trust in the wake of damaging revelations that they turned over users' data to the National Security Agency's secret Internet surveillance program. Facebook and Google each vigorously deny they gave the U.S. government special access to their servers or complied with broad requests for users' information and communications.
BUSINESS
December 30, 2007 | From Times Wire Services
Match.com, an old standby of online dating, wants to make some new connections among the fast-growing number of Facebook users worldwide. Dating website Match.com, owned by media mogul Barry Diller's IAC/InterActiveCorp, has launched two features that bring greater social networking capabilities to its more than 15 million Match.com members and to the roughly 58 million active users of privately held Facebook. Match.
BUSINESS
April 5, 2013 | By Jessica Guynn and Andrea Chang, Los Angeles Times
MENLO PARK, Calif. - Mark Zuckerberg has set into motion his most ambitious plan yet to make Facebook Inc. the world's dominant form of communication. Facebook's chief executive on Thursday unveiled Facebook Home, software that transforms smartphones and tablets into devices ruled by the giant social network. It digitally shoves aside every other app on the device and allows Facebook to take over the home screen with status updates, photos and messages. For years it was rumored that Facebook - spurred by a firestorm of doubt about its ability to make the business leap to mobile devices - would design and manufacture its own phone.
BUSINESS
February 21, 2008 | From Reuters
MySpace, the top social networking site owned by News Corp., is in talks to create an online music joint venture with the four biggest record companies, sources familiar with the discussion said Wednesday. The talks are part of Rupert Murdoch's plans to distinguish MySpace, a haven for new music fans, from fast-moving rival Facebook as the premier destination for digital media. Plans for the service, tentatively named MySpace Music, are still in the discussion phase.
ENTERTAINMENT
July 29, 2007 | David Sarno, Times Staff Writer
BROWSE any Facebook profile set up by a relatively active user and you're likely to hit on a cache of personal information that, until very recently, would've been impossible to get unless you hired a private detective to follow the person for six months.
BUSINESS
March 24, 2009 | TIMES WIRE REPORTS
Netflix Inc. said it had linked with social-networking website Facebook, allowing subscribers of the largest U.S. mail-order movie service to share their film ratings with Facebook friends. Ratings of one to five stars will show on a user's Facebook profile if a Netflix member has enabled the Facebook Connect function, Netflix said. Financial terms weren't disclosed.
BUSINESS
February 26, 2013 | By Jessica Guynn, Los Angeles Times
SAN FRANCISCO - Corporate America's most famous working mother has banned her employees from working at home. Now the backlash is threatening to overshadow the progress she has made turning around Yahoo Inc. Marissa Mayer, one of only a handful of women leading Fortune 500 companies, has become the talk of Twitter and Silicon Valley for her controversial move to end telecommuting at the struggling Internet pioneer. VIDEO DISCUSSION: Is Yahoo's telecommuting ban too severe?
BUSINESS
April 11, 2012 | By Jessica Guynn, Los Angeles Times
SAN FRANCISCO — How does a 28-year-old make $400 million in 18 months? With the right idea at the right time in mobile apps for smartphones. Kevin Systrom won the start-up sweepstakes this week when Facebook Inc. said it would pay $1 billion in cash and stock for his photo-sharing app maker, which has a loyal following of 30 million users but never made a dime. Facebook Chief Executive Mark Zuckerberg called Systrom to personally negotiate the deal for the social media giant, which is expected to fetch a valuation of $100 billion as soon as next month when it begins selling shares to the public.
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