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Facebook fourth-quarter revenue grows 49 percent

SAN FRANCISCO - Facebook Inc said on Wednesday its revenue grew 49 percent in the final three months of 2014, as strength in mobile advertising helped the Internet social networking company beat Wall Street's revenue target.

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China regulator blasts Alibaba for illegal business on its websites

SHANGHAI - A China regulator has accused Alibaba Group Holding Ltd of failing to clean up what it called illegal business deals on the e-commerce titan's platforms, in an unusually strong government criticism of one of the country's biggest private companies.

China 2:29pm EST

Plug Power tempers sales forecast to manage investor expectations

- Fuelcell maker Plug Power Inc tempered its sales forecast for 2015, saying it had decided to issue numbers "people could rely" on after receiving "a lot of criticism for under-delivering."

3:55pm EST

SS&C Tech in talks to buy Advent Software for $2.3 billion: Bloomberg

- Financial software company SS&C Technologies Holdings Inc is in talks to buy accounting software maker Advent Software Inc for about $2.3 billion, Bloomberg reported, citing a person with knowledge of the matter.

Deals, 2:44pm EST

Head of games leaves Angry Birds company Rovio

HELSINKI - Finland's Rovio and the head of its games operation, Jami Laes, have parted company as the business behind Angry Birds continues to grapple with an increasingly competitive mobile games market.

8:46am EST

Creating an old-girls network in Silicon Valley

- Thanks to Facebook COO Sheryl Sandberg and her mega-bestselling book, Lean In, the gender-disparity debate has been front and center for years now in Silicon Valley.

Facebook 7:33am EST

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