Stories by Barbara Ortutay

Articles from the Barbara Ortutay section archive

Thursday, Nov. 7, 2013

Twitter soars in market debut

NEW YORK - Shares of Twitter went on sale to the public for the first time Thursday, instantly leaping more than 70 percent above their offering price in a dazzling debut that exceeded even Wall ...
By Barbara Ortutay

Wednesday, Nov. 6, 2013

Twitter sets IPO price at $26, set to raise at least $1.8 billion in offering

NEW YORK - Twitter has set a price of $26 for its initial public offering of stock, which means the company's shares can begin trading Thursday on the New York Stock Exchange.
By Barbara Ortutay

Monday, Nov. 4, 2013

Challenges abound for Twitter

As Twitter prepares to complete its initial public offering, the company's history of losses is raising questions about its ability to turn a cultural phenomenon into a sustainable business.
By Barbara Ortutay

Thursday, Oct. 24, 2013

Twitter sets $17 to $20 per share range for IPO

NEW YORK - Twitter has set a price range of $17 to $20 per share for its initial public offering and says it could raise as much as $1.6 billion in the process.
By Barbara Ortutay

Tuesday, Oct. 22, 2013

Apple goes thinner, lighter with new iPad and Macs

SAN FRANCISCO - Apple Inc. is refreshing its iPad lineup and slashing the price of its Mac computers ahead of the holiday shopping season, as it faces an eroding tablet market share and growing ...
By Barbara Ortutay

Thursday, Oct. 3, 2013

Twitter unseals IPO papers, hopes to raise $1 billion

NEW YORK - Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion in one of the year's most eagerly awaited stock market ...
By Barbara Ortutay

Thursday, Sept. 12, 2013

Twitter tweets it'll go public

NEW YORK - Twitter aptly announced on its short messaging service Thursday afternoon that it has filed documents for an initial public offering of stock.
By Barbara Ortutay

Tuesday, Sept. 10, 2013

Apple unveils 2 new iPhone designs

Apple CEO Tim Cook on Tuesday unveiled two new iPhones, including a less expensive model with a plastic casing.
By Barbara Ortutay

Friday, Aug 23, 2013

Microsoft CEO to retire

Steve Ballmer says he will retire within the next year. Stocks rose 9 percent after the announcement.
By Barbara Ortutay

Wednesday, Aug 21, 2013

Facebook aims to get the world online

Facebook CEO Mark Zuckerberg wants to get all of the world's 7 billion people online through a partnership with some of the largest mobile technology companies.
By Barbara Ortutay

Thursday, July 11, 2013

Microsoft reboots with sweeping reorganization

Microsoft is dismantling an organizational structure that separated the company into sometimes disjointed divisions and hatching a more cohesive product line-up.
By Barbara Ortutay

Tuesday, May 21, 2013

Microsoft reveals new Xbox console

Microsoft reveals Xbox One as all-in-1 entertainment console, last of 3 major systems unveiled
By Barbara Ortutay

Wednesday, May 1, 2013

Facebook earnings, revenue grow

Facebook Inc. said Wednesday that its net income was $219 million, or 9 cents per share, in the January-March period. That's up from $205 million, or 9 cents per share, in the same period a year ago.
By Barbara Ortutay

Thursday, April 11, 2013

Art exhibit exposes the limits of online privacy

NEW YORK - Image after image splashes on the wall of the exhibit - a snapshot of young people laughing and drinking, a picture of an elephant, an exposed belly of a woman barely covering her ...
By Barbara Ortutay

Thursday, April 4, 2013

Facebook unveils Home

With its new Home on Android gadgets, Facebook aims make its social network the hub of people's mobile experiences.
By Barbara Ortutay

Tuesday, Feb. 26, 2013

Gates, Zuckerberg urge kids to code

Microsoft Chairman Bill Gates, Facebook CEO Mark Zuckerberg and Twitter creator Jack Dorsey are among the tech luminaries appearing in a new video promoting the teaching and learning of computer ...
By Barbara Ortutay

Thursday, Feb. 7, 2013

Apple investor sues, wants more cash distributed

Greenlight Capital said Thursday that it is suing Apple in a New York federal court over the company's proposal to make it more difficult for it to issue preferred stock.
By Barbara Ortutay

Wednesday, Oct. 24, 2012

Facebook shares post biggest single-day gain

Shares of Facebook Inc rose $3.73, or 19 percent, to close at $23.23 on Wednesday. Still, shares are off 39 percent from the company's IPO price of $38.
By Barbara Ortutay

Wednesday, Oct. 3, 2012

T-Mobile USA, MetroPCS to merge

NEW YORK — T-Mobile and MetroPCS have agreed to combine their struggling cellphone businesses in a deal aimed at letting them compete better with their three larger rivals.
By Barbara Ortutay

Friday, Sept. 28, 2012

Apple CEO apologizes for app

Apple CEO apologizes for error-ridden map service, invites users to download competing apps
By Barbara Ortutay
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