SAN FRANCISCO Qualcomm Inc CEO Paul Jacobs promised on Wednesday to return 75 percent of free cash flow to shareholders through stock buybacks and increased dividends, a new commitment that was lower than some investors hoped for following record returns last year.
NEW YORK IntercontinentalExchange Group Inc said on Tuesday, less than a week after closing its $11 billion takeover of NYSE Euronext, that it plans to spin off Euronext by next summer and to wind down the Big Board parent's technology business.
NEW YORK/SAN FRANCISCO Twitter Inc shares jumped 73 percent in a frenzied trading debut that drove the seven-year-old company's market value to around $25 billion and evoked the heady days of the dot-com bubble.
WASHINGTON The world's largest retailer Wal-Mart Stores Inc on Thursday announced three new manufacturing projects by suppliers in the United States to produce footwear, curtains and glassware as part of a broader commitment to "buy American."
The U.S. Food and Drug Administration released a strategic plan for preventing drug shortages on Thursday and proposed a rule to require drug and biotechnology companies to promptly notify the agency of potential disruptions to the supply of medically important drugs.
KAOHSIUNG The world's largest electronics assembler Hon Hai Precision Industry said on Thursday it will turn new software development centers in southern Taiwan into a data and cloud power base to focus on content creation.
SAN FRANCISCO Nextdoor, an online social network for neighbors, said it has attracted $60 million from early backers of technology titans Google, Amazon and Facebook .
SAN FRANCISCO/ WILMINGTON, Delaware Seven years ago, Intellectual Ventures bought a patent on technology that helps detect malicious software embedded in digital content. The price? $750,000.
RIO DE JANEIRO Brazil´s top biomedical research and development center announced plans on Monday to produce a combined measles and rubella vaccine for developing countries, mainly in Africa.
SAN FRANCISCO Facebook Inc finally earned Wall Street's love in the second quarter. Now it needs to make the relationship last.
NEW YORK A technician hired by Hillary Clinton to run the private email system she used while U.S. secretary of state told investigators he tried to pass on colleagues' concerns that the system might not comply with records laws, FBI interview summaries show.