By Jennifer Saba (Reuters) - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world's No. 1 social network. Facebook executives are hoping to net even more small advertisers since 16 million local businesses, ranging from jewelry sellers to clothing stores, set up free pages on the network. ...
SEATTLE (Reuters) - Google Inc said on Tuesday it has asked the Foreign Intelligence Surveillance Court to allow the Internet company to publish aggregate numbers of national security requests, including disclosures under the Foreign Intelligence Surveillance Act (FISA), separately from criminal requests. Google's move comes after other tech companies, including Microsoft Corp, Facebook Inc and Apple Inc released limited information about the number of surveillance requests they receive under an agreement they struck with the U.S. government last week. ...
(Reuters) - Adobe Systems Inc, which makes the Photoshop and Acrobat software, reported a higher-than-expected adjusted quarterly profit as demand rose for the subscription-based version of its flagship software package. Shares of the company rose 4.4 percent in after-market trading. Net income fell to $76.5 million, or 15 cents per share, in the second quarter, from $223.9 million, or 45 cents per share, a year earlier. Excluding items, earnings were 36 cents per share. Revenue fell 10 percent to $1.01 billion. Analysts on average had expected earnings of 33 cents per share on revenue of $1. ...