Sales in Thomson Reuters’ media operations were dented, as the group saw top-line operating profit tumble 32 percent to $378 million on four percent lower sales of $3.2 billion. July-to-September sales in the unit, part of its markets division...

In its third round of layoffs this year, Microsoft (NSDQ: MSFT) says it is cutting 800 jobs across the company today. The software giant said in January that it would eliminate up to 5,000 jobs, in response to falling sales and profits. These represe...

A combination of cost savings and an increase in the number of subscribers and monthly bill rates pushed Comcast (NSDQ: CMCSA) past analysts expectations. Profits rose 22 percent to $944 million as revenue was up 3 percent to $8.8 billion, the latter...

Yahoo (NSDQ: YHOO) is testing a “search shortcut” that places real-time results above standard search results for some select queries, the company tells us. In a statement, Yahoo describes the initiative as a “test designed to disco...

Amazon posted big increases in quarterly net income and revenue Thursday; sales were up 28 percent, while net income jumped 68 percent at the e-commerce giant. Both figures easily topped analysts’ forecasts.

The global B2B giant Reed Elsevier’s CEO Ian Smith is leaving after just eight months in the position, and will be replaced by Erik Engstrom, currently CEO of Elsevier. No specific reason was given for Smith’s departure, though the company itself has...

Could the latest chapter of The Hollywood Reporter saga be drawing to a close? A single-sourced reportby TheWrap.com has Nielsen finally selling The Hollywood Reporter and trade sibs Billboard, Adweek, Brandweek and Mediaweek being sold to News...

The feeling that “things are getting better” is becoming pretty pervasive among the conversations online ad execs are having, but the recent spate of reports suggest that it would be more accurate to say “things aren’t getting worse.” That’s what the...

Twentieth Century Fox Home Entertainment has partnered with app developer Spot411 to launch FoxPop, a new computer and iPhone app that syncs up with content on a DVD or Blu-Ray disc, to create a more interactive experience. Users download the free app,...

At the Piper Jaffray Global Internet Summit today, analysts wanted to know why Yahoo (NSDQ: YHOO) was a good bet. The company’s repeated response: Data. Yahoo senior director David Kopp and VP Dev Patel fended off questions about challenges to the...