Renaud Laplanche's business connecting lenders and borrowers is accelerating toward an IPO. In an interview, he scoffs at traditional banks and hints at what'll come of Google's $125 million investment.
Software revenue was up 3 percent; services sales fell 2 percent and systems and technology sales fell 1 percent. And IBM boosted its 2013 forecast.
A research report shows that mobile apps for iOS bring in far more revenue than their Android counterparts. But Google's app store is growing much faster.
The company warned that sales in the August-October quarter will continue declining on a sequential basis. CEO Dell says the company is "transforming" its business.
After a long-running dispute with Universal Music, the English rock band takes advantage of a law that protects cover versions, by covering its own songs.
A new agreement will keep the wireless-service provider out of default and allow it to continue building out its network.
First-quarter results exceed expectations, with profits up 20 percent from the same period a year to a total of $475.9 million, or 36 cents a share.
Things are pretty good with Bezos and company. So good, in fact, that Wall Street overestimated Amazon's performance for the second quarter of the year.
The Web portal reports a 26 percent drop in revenue for the third quarter. Net earnings were buoyed by the sale of investments in Kayak and its ICQ operations.
A new estimate suggests that Facebook's revenues are higher than expected, something that highlights both the company's successes and its challenges ahead.