Oracle Corp (ORCL.N) said on Thursday it would buy NetSuite Inc (N.N) for about $9.3 billion, a deal that gives it a bigger share in the fast-growing cloud computing business and also means a big payday for billionaire Larry Ellison.
Amazon.com Inc. AMZN 2.16 % reported another record profit and its fifth-straight quarter in the black as it continued to reap new sales from Prime memberships and its relentless push to deliver goods ever faster.
Lifting a cloud of regulatory uncertainty hanging over the future of Uber and its competitors in China, the government on Thursday legalized app-based ride-hailing services, but announced new licensing requirements and other rules.
The number of Americans who filed for unemployment benefits last week rose from a three-month low, consistent with the Federal Reserve's view of a stronger job market.
Chief executive Leslie Moonves said Thursday during a conference call that All Access and Showtime OTT have more than 2 million subscribers between them.