Shares of Yahoo soared to a new 52-week high of $46.72 following a report that Verizon is close to finalizing the acquisition of Yahoo's internet properties, but at a $250 million discount.
Social giant Facebook is debuting a new app for set-top boxes, including Apple TV, Amazon Fire TV and the Samsung Smart TV. The app offers a new way to reach consumers -- and sell ads.
Social giant Facebook has been paying celebrities and media publishers to use its live video product for the past year. Now it hopes to transition those publishers to a revenue-sharing model.
Messaging app WhatsApp, acquired by Facebook for $22 billion back in 2014, doesn't make any money. But it's getting ready to build out a business and bringing on its first COO, Matt Idema.
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