Reddit’s attempt to make the business profitable may have hit a snag with a report Thursday that it is falling short of its targets. The Information claims that the news aggregator and discussion forum is now only projecting revenue of $20 million this year, up from single-digit millions last year, but below a previously “ambitious” ...

Internet radio company Pandora Media, Inc. beat analyst estimates Thursday with its first quarter financials showing solid growth off the back of increased listener hours. Pandora reported revenue of $297.3 million for the quarter, up 29 percent over the same quarter in 2015 and ahead of a predicted $285.2 million; excluding revenue from ticketing services ...

Shares in business-oriented social networking site LinkedIn Corp. surged Thursday after the company announced better than expected first quarter financial results. LinkedIn reported revenue of $861 million for the quarter, up 35 percent over the same quarter of 2015 and well ahead of analysts who had predicted revenue of $829 million. The increase in revenue ...

Sales of its flagship Galaxy S7 phone has seen Samsung Electronics Co. Ltd. beat market expectations, and their own, with the company reporting strong figures in its first quarter financials. The South Korean company reported revenue for the quarter was 49.78 trillion won ($43.8 billion), up 5.7 percent compared to the same quarter in 2015, ...

The official mobile apps of Republican presidential candidates Texas Senator Ted Cruz or Ohio Governor John Kasich are vulnerable to hacking, according to a new report. Research from Symantec Corp. identified five areas of concern with the two apps — three with Kasich’s and two with Cruz’s — that could allow personal data to be ...

In what will be the first big virtual reality hit and a key driver behind the adoption of the technology, Microsoft-owned Mojang has announced that Minecraft is now available for the Samsung Gear VR. Minecraft: Gear VR Edition is now available in the Oculus Store for $6.99 and offers all the features of the Pocket ...

Music streaming provider Spotify AB has acquired live event content aggregator CrowdAlbum, Inc. for an undisclosed price. Founded in 2013 by Tracy Chan, the former head of data and analytics for YouTube (Google, Inc.), CrowdAlbum creates albums of live events based on the location and time of photos and videos people share on social media ...

Microblogging come messaging service Twitter, Inc. reported its first quarter results Tuesday, and although the company finally saw some slight user growth, its revenue fell below market expectations. The company made $595 million in revenue for the quarter. That’s below the $607.8 million analysts expected, but up 36 percent from the $436 million Twitter brought ...

The 13-year long growth streak for Apple, Inc. has come to an end with the tech giant reporting declining sales and revenue in its second quarter financial report Tuesday. Apple reported revenue of $50.6 billion and quarterly net income of $10.5 billion or $1.90 per diluted share for the quarter compared to $58 billion and ...

The security flaws that lead to an audacious heist of Bangladesh’s Central Bank have been found to be in software used globally to facilitate transfers between banks. Bangladesh Bank had $81 million stolen from them in February (the figure was first thought to be $100 million), and at the time they claimed that the funds ...