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Date: 2013-01-31
Technology News:
Company News:
Exclusive: Citigroup may exit consumer banking in more countries
US-CITIGROUP-COUNTRIES:Exclusive: Citigroup may exit consumer banking in more countries
By David Henry

NEW YORK (Reuters) - Citigroup Inc is looking to pull out of consumer banking in more countries in an effort to lower costs and boost profits, according to two people familiar with the matter.

In December, Citigroup said it was withdrawing from consumer...


Facebook revenue jumps 40 percent in fourth quarter
US-FACEBOOK-RESULTS:Facebook revenue jumps 40 percent in fourth quarter
By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Facebook Inc's advertising business grew at its fastest clip since before the company's May initial public offering, helping the company's revenue expand 40 percent to $1.585 billion.

Shares of Facebook were do...


Facebook grows revenue 40 percent in fourth quarter
US-FACEBOOK-RESULTS:Facebook grows revenue 40 percent in fourth quarter
By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Facebook Inc's advertising business grew at its fastest clip since before the company's May initial public offering, helping the company's revenue expand 40 percent to $1.585 billion.

Shares of Facebook were do...


Freescale's outlook, debt plan send shares higher
US-FREESCALE-SHARES:Freescale's outlook, debt plan send shares higher
By Noel Randewich

SAN FRANCISCO (Reuters) - Shares of Freescale Semiconductor Ltd <FSL.N> surged on Wednesday after the chipmaker gave an upbeat revenue forecast and said it will seek to extend the maturity of $2.7 billion of its debt.

The company's stock wa...


Justin Timberlake launches music comeback with Grammy performance
US-GRAMMYS-TIMBERLAKE:Justin Timberlake launches music comeback with Grammy performance
LOS ANGELES (Reuters) - Justin Timberlake, making his pop music comeback with a new single and album, will perform at next month's Grammy Awards for the first time in four years, Grammy organizers said on Wednesday.

Timberlake, 31, will take the stage at the music industry's bigges...


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