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Facebook reportedly negotiating multibillion dollar fine with FTC

Although the final fine has not yet been accepted, it is likely to represent the most burdensome penalty against a technology company in the United States. The previous record-breaking fine imposed on a technology company by the FTC was the $ 22.5 million penalty that Google had to pay following an investigation into its privacy practices in 2012. The Washington …

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Berkshire trims Apple stake, adds Suncor and Red Hat, exits Oracle

by Jonathan Stempel (Reuters) – Berkshire Hathaway Inc of Warren Buffett said it had cut its stake in the iPhone manufacturer Apple Inc, although none of the sales was from Buffett, and added positions in Suncor Energy Inc. in Canada and software company Red Hat Inc. Berkshire also appeared to have lost a $ 2.13 billion stake in the Oracle …

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Mortgages fall to 12-month low

The average price of the Houston Heights home is $ 800,000. >>> See the Heights houses listed roughly at that price. The average price of the Houston Heights home is $ 800,000. >>> See the Heights houses listed roughly at that price. Photo: Houston Association Of Realtors Photo: Houston Association of Realtors The average price of the Houston Heights home …

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Nvidia Shares Jump on Earnings Beat-Live Blog

Nvidia's shares (NVDA) increased in after-hours trading on Thursday after the chipmaker beat recently lowered expectations for the fourth quarter. Non-GAAP EPS of $ 0.80 exceeded a consensus of $ 0.77, while revenue of $ 2.21 billion was roughly in line with the guidelines. Nvidia provided a revenue guide for the current quarter of $ 2.2 billion, plus or minus …

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Why CenturyLink Stock Dropped 12% — The Motley Fool

What happened The shares of the telecommunications service provider CenturyLink (NYSE: CTL) dropped in Thursday's trade – down 12.1% from 23 : 30. EST – after the company reported earnings for the fourth quarter and for the full year. On the one hand, CenturyLink's results were not so bad. Sales of $ 5.8 billion in missed expectations of about $ …

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General Electric scraps plan for 12-story Boston headquarters

PHOTO FILE: The General Electric logo is depicted on the General Electric offshore wind turbine plant in Montoir-de-Bretagne, near Saint-Nazaire, western France, 21 November 2016. REUTERS / Stephane Mahe / File Photo NEW YORK (Reuters) – General Electric Co demolished plans for a 12-storey central office tower on Boston's waterfront on Thursday, choosing instead to rent smaller buildings nearby and …

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