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Google parent Alphabet's profit up 29 percent on strong ad sales

Google parent Alphabet Inc posted a surge in profit and revenue on Thursday as its core advertising business continued to grow at an extraordinary rate and problems such as an advertiser boycott of YouTube had little impact.

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Intel's revenue misses estimates as data center growth slows

Intel Corp reported lower-than-expected quarterly revenue due to an unexpected slowdown in growth at its data center business, on which the world's largest chipmaker is banking to reduce its reliance on the personal computer market.

6:39pm EDT

GoPro reports smaller-than-expected quarterly loss

Wearable device maker GoPro Inc reported a smaller-than-expected quarterly loss on Thursday, helped by strong sales of its flagship cameras and Karma drones.

6:33pm EDT

Britain's M&S to trial online grocery service

LONDON British retailer Marks & Spencer is to trial an online grocery shopping service this year, it said on Thursday, conceding it could no longer ignore the fastest growing segment of the market.

6:38pm EDT

Apple in talks to launch money-transfer service: Recode

Apple Inc has held talks with payments industry partners about launching a money-transfer service, technology news website Recode reported on Thursday.

5:19pm EDT

Alphabet CEO touts results of corporate restructuring

Alphabet Inc Chief Executive Larry Page said on Thursday that the holding corporate structure for search unit Google and a host of new businesses has succeeded in creating more transparency for investors.

2:09pm EDT

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