Twitter gave a lacklustre first-quarter sales forecast and reported tepid user growth, suggesting changes to improve the social media platform haven’t yet attracted a much wider audience.
Browsing: World
US President Donald Trump has repeatedly described The New York Times as “failing”, but its latest results tell a different story.
Huawei is bolstering its presence at the industry’s biggest conference in an attempt to land deals. Its plans risk being foiled by a powerful foe: the US government.
Spotify Technology has acquired podcasting companies Gimlet Media and Anchor FM, a declaration that their specialty is the next big area of growth for the world’s largest paid music service.
Canada will probably ban Huawei from its 5G networks, analysts and security experts say, though Prime Minister Justin Trudeau may delay the decision as long as possible.
Facebook CEO Mark Zuckerberg has defended the social network as he marked its 15th birthday, accusing some in government, business and the media of overly criticising the platform for “empowering people”.
Google has its fingers in every conceivable corner of industry, and then some. But investors can look past the mysteries and the spending splurges as long as the ad business keeps running.
Digital-asset exchange Quadriga CX has a $200-million problem with no obvious solution – just the latest cautionary tale in the unregulated world of cryptocurrencies.
Google parent Alphabet reported thinner profit margins as the Internet giant spent heavily to expand its cloud and YouTube businesses. The company’s shares slipped in late trading.
Apple investors are likely looking for the company to use its massive cash pile to make acquisitions, and names like Netflix, Activision Blizzard and Sonos are among those JPMorgan sees as strong strategic fits.