Several public funds that hold shares in Facebook backed a proposal to remove Chief Executive Officer Mark Zuckerberg as chairman, saying the social media giant mishandled several high-profile scandals.
BOSTON: Apple Inc's board relaxed some rules for director nominations by outside investors but stopped short of broader changes sought by an activist shareholder. The new bylaws disclosed in a securities filing late on Thursday dealt…
SAN FRANCISCO: Intel Corp forecast third-quarter revenue above Wall Street's expectations and said it would return more cash to shareholders, signaling that a shrinking personal computer industry may be stabilizing.
WASHINGTON: The U.S. government issued about 150,000 requests for customer information from Verizon Communications in the first half of 2014, most of them subpoenas, the country's largest wireless carrier reported on Tuesday.