The carrier lost $2.38 billion in the quarter thanks to charges related to its wireline assets and its brand.
The company now tallies 3.45 million Creative Cloud customers, but the average subscriber is paying less. Adobe says the acquisition of Fotolia should improve its financial picture.
Now that Yahoo has claimed its cash windfall from the Alibaba IPO, Marissa Mayer and company unveil Yahoo's mobile revenue for the first time.
Company's first-quarter profit blew past Wall Street's expectations, due in part to FIFA titles. But it's delaying two highly-anticipated games to ensure success.
CEO Marissa Mayer tells investors they'll share in half the proceeds from Alibaba's blockbuster IPO. Yahoo also plans on holding on to a larger stake in the Chinese e-commerce firm than previously reported.
Gregg Steinhafel steps down in wake of a hack last December that affected as many as 110 million Target customers.
Sprint shows the slowest customer growth out of all the carriers as it continues to work through its painful network upgrade process.
Google has announced the launch of the new ultraportable HP Chromebook 11 at Australian retailers this week for just AU$399.
While overall digital home entertainment spending remains fairly steady at $18.2 billion, digital movies sales shoot through the roof raking in $1.19 billion.
Shifting from the Creative Suite license business to Creative Cloud subscriptions made plenty of customers angry, but it made plenty of investors happy.