Twitter on Thursday reported quarterly revenue that fell short of estimates after the struggling social media company restructured its advertising sales force and pared staff. The shares tumbled. Fourth quarter revenue
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Nokia agreed to buy Comptel for €347m to add technology that helps phone carriers manage their networks, part of a push into software and services as network-gear sales sputter. Comptel shareholders will get
BlackBerry is opening up some of its secure messaging and file sharing technology for developers to use in building apps, creating a new revenue stream for the company as it works to boost sales. The Waterloo, Ontario-based company
Netflix is plotting a move into the toy business. The world’s largest paid video service is looking to hire an executive to oversee the licensing of shows for books, comics and toys, and forge partnerships with retailers
More than 120 companies, from Apple to Zynga, filed an impassioned legal brief condemning US President Donald Trump’s executive order on immigration, stepping up the industry’s growing opposition to the policy. The amicus brief was filed late
Chinese smartphone brands Oppo and Huawei are tightening their grip on the world’s largest market, grabbing local share and squeezing out Apple and Samsung Electronics. After including Vivo, Chinese vendors held the top
Alphabet has warned investors about a slew of new competitors, highlighting the company’s broad expansion beyond its original Google search business. It named rivals including Apple, Netflix and Hulu, while highlighting risks from
Costly delays, growing complexity and new safety requirements in the wake of the triple meltdown at Fukushima are conspiring to thwart a new age of nuclear reactor construction. So-called generation III+ reactors were supposed to have simpler
Snap makes no secret of the fact that compulsive millennial users are its most valuable asset. Their fickle tendencies may also be its biggest risk. At least, that how it looks in the prospectus for the company’s initial public
Uber Technologies CEO Travis Kalanick is stepping down from US President Donald Trump’s business advisory council after criticism from customers and drivers. Kalanick’s participation on the council, along with more than a dozen other US