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Twitter said its new mobile-advertising product will be able to reach more than 1 billion devices, rivaling the number of users on Facebook.
Facebook will let people know when their friends are nearby via smartphone notifications, adding features for its growing base of mobile users.
Barclays sold $37.9 million of structured notes tied to shares of Facebook, the largest such offering in the US.
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Intel says its first-quarter earnings declined, but revenue grew as it saw improvements in its PC business.
Tesco chief Philip Clarke is facing calls to step down from a top shareholder, according to the Financial Times.
Unilever is using a new method to sell products from Lifebuoy soap to Fair & Lovely skin cream to 350 million villagers in India: Bollywood music on their phones.
Twitter is buying longtime partner Gnip, seeking to offer more insight into trends, breaking news and other data from the tweets generated by the 241 million users of the microblogging service.
Zebra Technologies is spending more than $3 billion to buy the enterprise business of Motorola Solutions.
Sibanye Gold aims to make a “material” acquisition in platinum mining by the end of this year, its chief executive said.
Coca-Cola's first-quarter profit fell nearly 8 percent as the world's biggest beverage maker faced a stronger dollar and sold less soda.
Barclays' chief executive Antony Jenkins is facing a high-wire act to overhaul the firm's investment bank without undermining a division that contributes about half of group profits.
Johannesburg-listed shares of SABMiller slide more than 2 percent, in line with those trading in London.
Business performance was significantly lifted by the weak exchange rate and strong overseas leisure demand.
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