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Facebook says SEC's IPO probe ends, extending WhatsApp closing date

- Facebook Inc said the U.S. Securities and Exchange Commission dropped its probe into the social networking company over events surrounding its controversial initial public offering.

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IBM talks with Globalfoundries break down over price: Bloomberg

WASHINGTON - International Business Machines Corp's attempt to sell its slumping chip manufacturing business to Globalfoundries Inc deteriorated when the two companies failed to agree on a price, Bloomberg reported on Friday.

Deals 3:43pm EDT

Seattle man gets 1-1/2 years for Microsoft insider trades

SEATTLE - An online stock trader who profited from inside information passed to him by a former Microsoft Corp finance employee was sentenced to 1-1/2 years in prison in Seattle on Friday.

Hedge fund Greenlight details short bets, still likes Apple

BOSTON - Hedge fund manager David Einhorn, whose picks are closely watched on Wall Street, said he is betting against supermarket chain Safeway Inc but still likes his biggest holdings, including Apple Inc.

Media 3:07pm EDT

Amazon's spending spree raises margin concerns

- Inc's heavy investment in content and technology to fight off deep-pocketed rivals is proving to be more costly than many had expected, raising fears that operating earnings will be remain under pressure indefinitely. | Video

Media 11:35am EDT

Lower printer sales hurt Xerox's revenue

- Xerox Corp reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business.

9:17am EDT

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