Internet | featured news

Amazon.com Inc's quarterly earnings beat Wall Street's most bullish expectations as the world's largest Internet retailer brought costs under control and saw early success selling more digital products through its new Kindle Fire tablet, sending its shares up almost 15 percent.

Facebook’s market debut has been expected to be in mid- to late May, but a report from CNBC indicates that the process could take a little longer than analysts expected. The report, citing unnamed “people familiar with the matter,” pinpoints June as the new expected time range for the IPO and says Facebook founder and chief executive Mark Zuckerberg has been so busy with business and acquisitions that the company hasn’t had time to put the final touches on its prep for going public.

The White House threatened on Wednesday to veto cyber-legislation that is widely expected to pass the House this week, asserting that the bill would put Americans’ privacy at risk and give a pass to companies that fail to secure their computer networks.

Mozilla has released Firefox 12. The new version of the open source Web browser introduces a new update service for Windows that allows the browser to perform updates without user intervention. Full support for background updates is expected to arrive in Firefox 13.

Katie Couric is launching a weekly Web series for Yahoo Inc. and ABC News in which she will discuss health, nutrition, parenting and wellness issues....

Former Vice President Al Gore, who is often chided by comedians and political rivals for claiming to have invented the Internet, was inducted into the Internet Hall of Fame Tuesday.

Meet the king of the sporting Twittersphere: Brazilian soccer star Kaka. The Real Madrid midfielder on Wednesday became the first athlete to amass 10 million followers on the social networking site. "Thank youuuuu. To celebrate I'll make a twitcam" wrote the 30-year-old Kaka, who at the last count had 10,012,862 Twitter fans. He's nowhere close to Lady Gaga and Justin Bieber - who each have more than 20 million followers - but it's not a bad haul for a player whose career appears to be on the wane after becoming a superstar in a golden six-year stint at AC Milan in Italy.

Friendster officially announces its transformation into a social discovery and gaming platform in Asia. The new Friendster, which was in beta stage since the middle of last year, features Asia-centric contents with gaming dominantly define its user experience. The site now delivers distinct approach to discover new games of multiple genres via a brand new ...

Google is hoping to build the world's largest digital filing cabinet in the latest attempt to deepen people's dependence on its services. The Internet search leader's latest product stores personal documents, photos, videos and a wide range of other digital content on Google's computers. By keeping files in massive data centers, users will be able to call up the information on their smartphones, tablet computers, laptops and just about any other Internet-connected device.

Facebook Inc reported its first quarter-to-quarter revenue slide in at least two years, a sign that the social network's sizzling growth may be cooling as it prepares to go public in the biggest ever Internet IPO.