MENLO PARK (AP) - WhatsApp founders Jan Koum and Brian Acton received 116 million shares of Facebook stock currently worth nearly $9 billion when they sold their unprofitable messaging service to the social networking leader earlier this month.
OAKDALE − Oak Valley Bancorp, the bank holding company for Oak Valley Community Bank and Eastern Sierra Community Bank, for the three months ending Sept. 30 reported consolidated net income available to common shareholders was $1,535,000, or $0.19 per diluted common share.
DETROIT (AP) - The U.S. government's auto safety agency, responding to criticism of its slow response to safety issues, told the manufacturer of millions of potentially faulty air bags to make replacement parts faster and do more testing to find the cause of the problem.
OKEMOS, Mich. (AP) - A Michigan woman who wanted homebrewed Starbucks coffee - described by her attorney as "gold" - will accept $250 to end a lawsuit over the company's decision to stop making discs for a specific single-serve machine.
PALO ALTO (AP) - A Silicon Valley startup is hoping an upcoming transition to smarter credit and debit cards will persuade millions of U.S. merchants to buy savvier payment terminals for their stores, too.
WASHINGTON (AP) - AT&T is being sued by the government over allegations it misled millions of smartphone customers who were promised unlimited data but had their Internet speeds cut by the company - slowing their ability to open web pages or watch streaming video.
DETROIT (AP) - The head of the nation's biggest car dealership chain says it won't sell used cars being recalled for exploding air bags due to conflicting advice from automakers and lack of direction from the government.
LAGUNA BEACH (AP) - Personal information about more than 18.5 million Californians was hacked, stolen or otherwise exposed last year and as many as one-third of those people will become victims of fraud, California Attorney General Kamala Harris said Tuesday in a new report on data breaches in the nation's biggest state.
WASHINGTON (AP) - Operators who fly drones or model planes near or over large sports stadiums and auto racetracks are breaking the law and can be fined and imprisoned for up to a year, the Federal Aviation Administration warned in a notice posted on the agency's website.
LAGUNA BEACH. (AP) - Apple CEO Tim Cook said Apple's new mobile payment system had over 1 million activations in the first three days after it became available, and is now more widely used than any competing payment system.
MENLO PARK (AP) - Facebook grew its advertising revenue by 64 percent in the third quarter, helped by a boost in mobile ads that are becoming an increasingly large chunk of the social networking giant's overall advertising business.