PayPal plans to expand so that it could be a one-stop shop for customers' financial services needs.

Demand Media's total revenue growth slowed to 9% to US$101.1 million due to changes at Google. On Wednesday, Demand Media said its aggregate year on year revenue growth slowed to 9% during the second quarter to US$101.

BMC cut its leveraged buyout loans from US$4.2 billion to US$3.5 billion and boosted sale of bonds from US$1.38 billion to US$1.63 billion.

Fusion-io posted a large quarterly loss due to advertising costs and expenditures associated with the absorption of NexGen Storage's workers.

BMC Software Inc raised US$1.63 billion of dollar denominated debt after boosting the offering by 18%.

The five publishers that conspired with Apple objected to the US restrictions sought by the government against Apple in the e-book court case.

BlackBerry lost its third place position in a race for major smartphone platforms. Even with the launch of the latest mobile operating system and some new smartphones, BlackBerry still keeps on failing to establish a major smartphone platform that could be behind the lead of Android from Google and iOS from Apple Inc.

BlackBerry verified that three senior executive officials were removed from the company. A report on Wednesday said BlackBerry told CBS that the company is in the "second phase of our transformation plan," while confirming the removal of three executives from the firm.

The US Court of Appeals renewed the patent claims that Apple filed against Google's Motorola Mobility.

Russia's Vimpelcom hired Verizon Wireless'former finance chief to help it in reducing its US$23 billion debt.