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Facebook reveals revenue, profit slide ahead of IPO

SAN FRANCISCO (Reuters) - Facebook Inc reported its first quarter-to-quarter revenue slide in at least two years, a sign that the social network's sizzling growth may be cooling as it prepares to go public in the biggest ever Internet IPO.

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Repsol warns potential YPF investors of lawsuits

MADRID (Reuters) - Oil major Repsol warned it could take legal action against companies that invest in YPF after Argentina seized control of the Spanish company's energy unit last week.

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Wal-Mart shaken by bribery probe, shares plunge

CHICAGO/MEXICO CITY (Reuters) - Wal-Mart Stores Inc lost $10 billion of its market value on Monday on concerns that a bribery investigation in Mexico could be very costly and hinder its plans to grow.

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Europe, Wal-Mart knock Wall Street lower

NEW YORK (Reuters) - Stocks fell on Monday as political turmoil in Europe cast doubts on the euro zone's ability to push through measures to end its debt crisis and as Wal-Mart sank following a report it stymied a bribery probe.

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Facebook pays Microsoft $550 million for AOL patents

SAN FRANCISCO/WASHINGTON (Reuters) - Facebook will pay Microsoft Corp $550 million for hundreds of patents that originated with AOL, beefing up its intellectual property arsenal.

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