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Microsoft sales beat Street hopes, shares rise

SEATTLE - Microsoft Corp reported higher-than-expected revenue for its fiscal first quarter on Thursday, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins intact.

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U.S. senator asks Internet providers to commit to no 'fast lanes'

WASHINGTON - U.S. Senate Judiciary Committee Chairman Patrick Leahy on Thursday pressed large Internet providers to pledge that they will not strike deals that may help some websites load faster than others or give similar "fast lanes" to affiliated services.

Politics, Media 1:33pm EDT

GrubHub revenue jumps as more customers order food online

- GrubHub Inc reported a more than five-fold jump in quarterly profit as more consumers used the online food-order-and-delivery company to order meals.

Media 9:46am EDT

Huawei says third-quarter smartphone shipments jump 26 percent, strong demand for high-end devices

HONG KONG - China's Huawei Technologies Co Ltd said third-quarter smartphone shipments jumped 26 percent year-on-year, doubling devices shipped to the high-margin premium market dominated by Samsung Electronics Co Ltd and Apple Inc.

Media 6:08am EDT

Canada's Rogers says profit falls 28 percent, eyes rebound

TORONTO - Canadian telecom and media company Rogers Communications Inc posted a 28 percent decline in third-quarter net income on Thursday, but reaffirmed its profit targets for the year as it heralded the end of a corporate shuffle.

Media 8:20am EDT

Check Point third-quarter profit beats estimates, raises 2014 forecast

TEL AVIV - Network security provider Check Point Software Technologies reported quarterly profit that topped expectations and raised its full-year forecast on strong demand for its threat prevention and other software subscriptions.

Media, Cyber Crime 10:19am EDT

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