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Facebook results beat estimates as mobile ad sales soar, stock at record high

(Reuters) - Facebook Inc surpassed quarterly profit and revenue estimates on Wednesday as the social media giant found more ways to attract advertisers to its mobile app including its centerpiece product, the Facebook News Feed, sending its shares to an all-time high.div class=feedflare a href= src= border=0/img/a a href=http://feeds.reuter...

PayPal beats estimates, raises 2017 forecasts

(Reuters) - PayPal Holdings Inc reported a better-than-expected quarterly profit as the payment processors growing strategic partnerships helped boost payment volumes.div class=feedflare a href= src= border=0/img/a a href= src=http://feeds.feedburner....

Foxconn announces U.S. manufacturing plant in Wisconsin

(Reuters) - Taiwanese electronics manufacturer Foxconn on Wednesday announced plans to build a $10 billion LCD display panel screen plant in Wisconsin.div class=feedflare a href= src= border=0/img/a a href= src=

iRobot shares surge on strong sales of Roomba vacuum cleaners

SAN FRANCISCO (Reuters) - Shares in iRobot Corp jumped 23 percent to a record high on Wednesday after the Roomba robotic vacuum maker posted better-than-expected quarterly results and said it was buying its largest European distributor.div class=feedflare a href= src= border=0/img/a a href=

FTSE Russell to exclude Snap from stock indexes over voting rights

BOSTON/SAN FRANCISCO (Reuters) - FTSE Russell said on Wednesday it plans to exclude Snap Inc from its widely followed stock indexes because the owner of the Snapchat messaging app has an unusual share structure that denies voting rights to investors.div class=feedflare a href= src= border=0/img/a a href=

Uber's Kalanick hires former U.S. prosecutor ahead of Waymo deposition

SAN FRANCISCO (Reuters) - Ubers former chief executive, Travis Kalanick, has hired the former top federal prosecutor in San Francisco to represent him ahead of a deposition in a high-profile trade secrets case against Alphabets Waymo self-driving car unit, the attorneys firm said on Wednesday.div class=feedflare a href= src= border=0/img/a ...

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