Square says Weebly acquisition addresses its ‘top priority’

Square says Weebly acquisition addresses its ‘top priority’

Square Inc., once known for the little white payment dongles used by small businesses, is deepening its online push with the acquisition of website-creation platform Weebly. The company said Thursday that it plans to acquire Weebly for $365 million in cash and stock, a deal aimed at making it easier for small businesses to have → Read More

Could Amazon’s Alexa quietly become your child’s best friend?

Could Amazon’s Alexa quietly become your child’s best friend?

Amazon has played the role of bookstore, department store, grocery store — and now — parent. The online retail giant, which announced record earnings on Thursday, announced a new device, Echo Dot Kids Edition, and services for parents and kids on Wednesday, complete with kid-friendly movies, censored songs, bedtime limits and educational Q&As. It will → Read More

Winning Amazon’s HQ2 would hurt these cities most — at least by this measure

Winning Amazon’s HQ2 would hurt these cities most — at least by this measure

If Nashville, Tenn., scores Amazon’s second headquarters, median rent in the already fast-appreciating, temperate-climate entertainment mecca would jump by the most of any of the 20 finalist cities. Higher rents tied to Amazon’s satellite HQ would be felt sharply in Denver and Los Angeles as well, real-estate tracker Zillow said in a recent report. At → Read More

Microsoft stock rises slightly after earnings beat

Microsoft stock rises slightly after earnings beat

Microsoft Corp. had a choppy extended session Thursday after the company posted better-than-expected earnings. Microsoft stock MSFT, +2.11%  traded up about half a percent in the extended session after closing up 2.1% to $94.26 during regular trading. The stock began after-hours trading down 2% but has since recovered some of those losses. The Redmond, Wash.,-based → Read More

The New York Post: Bill Cosby found guilty on three counts of sexual assault

The New York Post: Bill Cosby found guilty on three counts of sexual assault

NORRISTOWN, Pa. — Nearly 14 years after Bill Cosby drugged and molested a woman 30 years his junior, a jury found him guilty Thursday of all charges in his sex assault retrial. The disgraced comedian showed no emotion and looked down at the table in front of him as the jury forewoman read aloud “guilty” → Read More

NewsWatch: Amazon earnings more than double, sending stock toward record highs

NewsWatch: Amazon earnings more than double, sending stock toward record highs

MARKETWATCH FRONT PAGE Amazon.com Inc.’s massive growth just grew even more massive in the first quarter, as the e-commerce giant reported Thursday that profit more than doubled and sales growth continued to accelerate. See full story. This could be the most important chart of the century for investors Ballooning debt, cash vs. stocks and an → Read More

The New York Post: Paul Ryan reportedly sacked House chaplain over tax-bill prayer

The New York Post: Paul Ryan reportedly sacked House chaplain over tax-bill prayer

Getty Images Rev. Patrick Conroy, S.J. Speaker Paul Ryan forced out the Jesuit priest who had served as House chaplain since 2011 because he said in a prayer during deliberations on tax cuts that lawmakers should be “fair to all Americans,” a new report said Thursday. The Rev. Patrick Conroy’s letter of resignation, a copy → Read More

Earnings Results: Intel shares surge 8% on earnings beat, strong outlook

Earnings Results: Intel shares surge 8% on earnings beat, strong outlook

Intel Corp. shares rallied in the extended session Thursday after the chipmaker’s quarterly results and outlook topped Wall Street estimates and sales to data centers came in stronger than expected. Intel INTC, +3.25%  shares rallied 8% after hours, following a 3.3% gain to close at $53.05 in the regular session. The strong results follow similarly → Read More

Amazon earnings more than double, sending stock toward record highs

Amazon earnings more than double, sending stock toward record highs

Amazon.com Inc.’s massive growth just grew even more massive in the first quarter, as the e-commerce giant reported Thursday that profit more than doubled and sales continued to accelerate. Amazon AMZN, +3.96%  reported net income of $1.6 billion, or $3.27 a share, up from $724 million, or $1.48 a share, a year ago. Revenue jumped → Read More

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