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Apple expands buybacks by $30 billion, OKs seven-for-one stock split

SAN FRANCISCO - Apple Inc has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors.

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U.S. regulators to propose new net neutrality rules in May

WASHINGTON - U.S. regulators are expected to vote on May 15 on a new set of so-called "net neutrality" rules aimed at making certain that broadband providers do not slow down or block consumers' access to legal Internet content.

U.S. FCC chair: 'Hard to believe' AT&T would skip spectrum auction

WASHINGTON - The top U.S. telecommunications regulator on Wednesday said he was unconvinced by AT&T Inc's threat to sit out next year's major auction of wireless spectrum over proposed restrictions on its participation.

3:56pm EDT

ServiceNow sees second-quarter, 2014 revenue above estimates, shares up

- ServiceNow Inc , which makes software to automate and manage IT services, forecast second-quarter and full-year revenue above Wall Street estimates.

Media 5:07pm EDT

Chipmaker Xilinx forecasts quarterly revenue below estimates

- Xilinx Inc , a maker of programmable chips, forecast current-quarter revenue largely below analysts' estimates, sending the company's shares down 6 percent in extended trading.

5:05pm EDT

Amazon's eroding tax advantage, bid to sustain growth in focus in first quarter

SAN FRANCISCO - Amazon.com Inc's quarterly results on Thursday may heighten worries that its edge over online and even traditional brick-and-mortar rivals is narrowing as it charges sales tax in more states, curtailing growth in its core business.

1:59pm EDT

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