Search For Keyword.

Twitter hits milestone with first-ever profit

Twitter Thursday reported its first-ever quarterly profit, a key milestone that sent shares soaring at the social network which has lagged for years behind fast-growing rivals. Twitter shares leapt 18 percent to $31.77 - their highest levels in over a year - as the San Francisco-based...

Facebook booming even as time spent on it drops

Facebook Wednesday reported a big jump in profits even though people are spending less time on the world's biggest social network. The company said its priority is to encourage personal interaction among users, rather than simply boost the number of hours they spend on Facebook....