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Netflix 2Q profit up 4 pct, beats analyst views
Netflix Inc.'s second-quarter profit crept up 4 percent, beating analyst expectations as the online DVD rental leader signed up 168,000 new customers while spending less money to attract them to the service.
AOL shutting 3 services to cut costs, focus on ads
AOL is shutting three data-storage services, including one of the Internet's earliest photo-sharing sites, as it seeks to cut costs and focus resources on its advertising opportunities.
Microsoft defends search investments to analysts
Microsoft's CEO defended the software maker's decision to invest heavily in its unprofitable online business, but shed minimal light Thursday on specific steps it will take to challenge Google in the wake of the failed bid to buy Yahoo.
Major shareholder advisory firm backs Yahoo board
An influential shareholder advisory firm endorsed the re-election of Yahoo Inc.'s entire board Thursday, reducing the chances that the Internet company's directors will be ousted for spurning Microsoft Corp.'s $47.5 billion takeover bid during the spring.
Microsoft to let developers sell Xbox games online
Microsoft Corp. will let independent developers sell video games for the Xbox 360 console - and keep most of the profits - beginning this holiday season, the company said Tuesday.
Gates Foundation breaks ground on new headquarters
Across the street from the Space Needle and Paul Allen's tribute to Jimi Hendrix and rock music, Allen's old friend Bill Gates is building his headquarters for charitable giving, something sure to become another Seattle tourist attraction.  Yahoo settles with Icahn to avert August showdownYahoo Inc. averted a showdown with rabble-rousing investor Carl Icahn on Monday by giving him three seats on its board of directors in a truce that still leaves the door open for a possible sale to Microsoft Corp.
Summary box: Yahoo's truce with Icahn
PEACE PLAN: After two months of sniping at each other, Yahoo Inc.'s leadership and activist investor Carl Icahn negotiated a cease-fire that will give Icahn three seats on Yahoo's board, which will expand to 11 directors from the current nine.  Ousted AOL chief Miller could guide Yahoo strategyGiven that he was ousted from the top job at a struggling AOL, Jonathan F. Miller might not seem a natural candidate to advise its Internet rival Yahoo Inc. But Miller was instrumental in transforming AOL into an advertising company, giving him expertise in a field Yahoo must master.
Yahoo shares inch lower after Icahn compromise
Shares of Yahoo Inc. inched lower Monday after the Internet icon settled with activist investor Carl Icahn, who had wanted to replace the company's board after it rebuffed Microsoft Corp.'s $47.5 billion takeover bid in May.
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