Facebook is spending big on its messaging platforms - and its virtual reality arm Oculus Rift

Facebook beats revenue forecast as userbase grows

07.24 Facebook has reported quarterly revenue that beat forecasts but its profit fell 9% as the social media company sharply increased spending to boost mobile revenue and future growth.

Nokia is seeking to take over its French rival Alcatel-Lucent

Nokia posts surprise rise in quarterly profit

08.16 Nokia, the world's number three telecom network equipment maker, has posted a surprise rise in quarterly profits helped by lucrative software sales and a refusal to chase after lower-margin contracts that had hurt profits previously.

LG has tried to broaden its product range in recent years - including a number of smartwatches

LG's profits collapse on sluggish sales

29 Jul South Korea's LG Electronics has reported a 45% drop in its second-quarter net profit owing to sluggish smartphone sales and unfavourable currency rates.

Uber started as a niche company in San Francisco in 2009 and now has a presence in over 300 cities worldwide

Uber promises 150 jobs for Limerick

28 Jul The international transportation network company Uber is to establish a customer services hub in Limerick city, which it says will create 150 jobs by the end of the year and around 300 when it is fully operational.

Bwin accepted a £900m bid from 888 Holdings earlier this month

Betting firm GVC ups bid for Bwin

27 Jul Online gambling firm GVC Holdings has raised its offer for Bwin.party Digital Entertainment to about £1 billion, topping a recently-accepted bid from 888 Holdings.

Allergan is best known as the maker of Botox

Israel's Teva to buy Allergan for $40.5bn

27 Jul Israeli pharmaceutical giant Teva said that it was buying the generic drug business of Allergan for $40.5 billion, consolidating its position as a world leader in generics.

The European Union believes Sky's deal limits consumers' choices in the region

EU to probe Sky and major movie studios

23 Jul The European Union's competition commissioner has accused six major Hollywood studios and Britain's Sky TV pay channel of using movie licenses to block access to their content in other EU countries.

Yahoo is spending more money to attract viewers to its network of websites

Rising costs lead to lower Yahoo forecast

22 Jul Yahoo has forecast lower-than-expected revenue for the current quarter as it struggles to revive its core online advertising business and spends more to attract users to its websites.

eBay bought payments firm PayPal in 2002 to facilitate a reliable method for shoppers to pay for their purchases on its website

PayPal shares rise following split from eBay

20 Jul PayPal Holdings shares have jumped as much as 11% in their highly anticipated return to the Nasdaq after more than a decade in eBay fold, valuing the digital payment processor at about $52 billion.