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Updated: 9 hours 3 min ago

SpaceX Wins U.S. Military Contract to Send Satellite Into Orbit

9 hours 9 min ago
Billionaire entrepreneur Elon Musk’s rocket-making company has won its most significant U.S. military contract, bidding 40% less than the Pentagon estimated it would spend sending a satellite into orbit, a senior Air Force official said Thursday.

Amazon Delivers 4th Straight Profit

9 hours 19 min ago
Amazon swung to a better-than-expected first-quarter profit—its largest ever for a quarter—as the company benefited from surging growth in its Web services division.

Smartphone Market Feels the Squeeze

Fri, 04/29/2016 - 10:53
Earnings reports this week may toll the bell for the decadelong smartphone bonanza, as makers come to grips with a market whose growth has cooled to a glacial pace—or even reversed—after a torrid decade.

Baidu's Profit Falls While Revenue Climbs

Fri, 04/29/2016 - 10:00
Baidu‘s profit fell 18.9% in the first quarter even as revenue jumped, as the Chinese Internet company reorganized and spent more on services outside its core search business.

Juniper Networks Reports Higher Quarterly Profit, Revenue

Fri, 04/29/2016 - 06:39
Juniper Networks Inc.’s revenue and profit rose in the first three months of the year on steady underlying demand, helping the company meet its lowered projections.

A Comic Walks Into a VR Comedy Club…

Fri, 04/29/2016 - 04:43
Using virtual-reality headsets, comedians perform for digital crowds, where smiling emoji sometimes stand in for laughs.

Priceline CEO Resigns After Relationship With Employee

Fri, 04/29/2016 - 04:35
Priceline Group CEO Darren Huston resigned after an internal investigation found that his relationship with an employee violated the company’s code of conduct.

LinkedIn Offers Positive Outlook

Fri, 04/29/2016 - 04:16
LinkedIn Corp. said its loss widened in the first quarter, but it gave favorable guidance for its second quarter and boosted its full-year outlook, a contrast from its prior report when a downbeat forecast cut the company’s value nearly in half.

Baidu Guidance, Adjusted Profit Top Expectations

Fri, 04/29/2016 - 03:38
Baidu Inc. projected second-quarter revenue that beat expectations as China’s dominant search engine also reported first-quarter earnings fell amid higher costs that offset revenue growth.

Groupon's Quarterly Loss More Than Triples on Spending Rush

Fri, 04/29/2016 - 03:09
Groupon Inc.’s first-quarter loss more than tripled as the company known for daily discount deals continued to spend heavily to attract shoppers to its online marketplace.

Carl Icahn No Longer Has Apple Stake, Cites China Concerns

Fri, 04/29/2016 - 03:02
Billionaire Carl Icahn no longer has a stake in Apple Inc., he said in an interview with CNBC, citing concerns about the company’s relationship with China.

Vinod Khosla Beach-Access Suit Headed for Trial

Fri, 04/29/2016 - 02:47
A California court ordered a trial over the public’s right to access a beach by crossing venture capitalist Vinod Khosla’s multimillion-dollar property.

Google Hires Former Motorola President

Fri, 04/29/2016 - 02:13
Google parent Alphabet Inc. is unifying its disparate hardware projects into a new division and hiring former Motorola President Rick Osterloh to run it.

It's OK Not to Use a Smartphone

Fri, 04/29/2016 - 02:04
Flip phones are smarter than you think: Geoffrey A. Fowler reviews several that have carved out a niche with people seeking simplicity, low prices—and a way to just unplug.

Symantec Slashes Quarterly Guidance; CEO to Step Down

Fri, 04/29/2016 - 01:57
Symantec Corp., best-known for its “antivirus” computer-security software, is again looking for a chief executive, after the company slashed its financial forecast Thursday and said CEO Michael Brown would step down.

Cypress Semi Says CEO to Step Down; Buying Broadcom Business

Fri, 04/29/2016 - 00:18
Cypress Semiconductor Corp. said its chief executive, T.J. Rodgers, would step down as it also said it would pay $550 million to buy Broadcom Ltd.’s wireless Internet of Things business.

Elon Musk Gives His Companies Unusual Financial Help

Fri, 04/29/2016 - 00:13
Billionaire Elon Musk of Tesla, SpaceX and SolarCity has helped financially support his firms in ways that are as unconventional as he is—and risky.

Oracle to Buy Textura for $663 Million

Fri, 04/29/2016 - 00:10
Oracle Corp. said it agreed to buy cloud-services provider Textura Corp. for about $663 million, expanding Oracle’s portfolio of engineering and construction industry cloud offerings.

Germany to Subsidize Electric Autos

Thu, 04/28/2016 - 23:44
The German government and the chief executives of Volkswagen, BMW and Daimler agreed to kick-start Germany’s sluggish electric-car market.

Alphabet, Fiat Chrysler in Partnership Talks

Thu, 04/28/2016 - 23:24
Fiat Chrysler is in the late stage of talks with Alphabet‘s self-driving car division about a technology partnership.