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Facebook trounces Wall Street estimates with sharp ad sales growth

Facebook Inc provided more evidence on Wednesday that it can turn eyeballs into profit as the maker of the world's most popular app and social website trounced Wall Street's estimates, sending its shares to an all-time high.

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Nintendo's Mario eyes a Mickey Mouse merchandising makeover

TOKYO Flush with the stunning popularity of the Pokemon GO mobile game, Nintendo aims to make more from marketing popular characters such as Super Mario, taking a leaf from the Walt Disney playbook where Mickey Mouse and friends bring in billions of merchandising dollars each year.

Jul 27 2016

Twitter's video push seen taking time to fast-forward growth

Video may have killed the radio star, but it could offer a lifeline to Twitter Inc . Just don't expect a turnaround in the company's flagging fortunes anytime soon, analysts said.

Twitter Jul 27 2016

GoPro revenue plunges 47 percent, but beats estimates

GoPro Inc's quarterly revenue plunged 47.4 percent, but beat analysts' estimates, which have been sharply lowered on shrinking demand for the company's body-mounted point-of-view cameras.

Jul 27 2016

Apple CEO touts future technology amid iPhone worries

SAN FRANCISCO As iPhone sales declined for the second straight quarter, Apple CEO Tim Cook peeled back the curtain ever so slightly on its work in artificial intelligence and augmented reality, aiming to reassure investors that the company is ready to ride the next wave of technology. | Video

Jul 27 2016

Exclusive: Alibaba, eBay, CVC bid for Polish auction site Allegro - sources

WARSAW Chinese e-commerce group Alibaba , U.S. online retailer eBay Inc , and private equity firm CVC Capital Partners are among the bidders for Eastern Europe's No.1 auction website Allegro from South Africa's Naspers , sources said.

Deals Jul 27 2016