Amazon shares hit record high as profit tops $2 billion for first time
Shares of Amazon.com Inc rose 4 percent to hit an all-time high after the online retailing giant’s quarterly profit topped …read more Source: Reuters Tech News
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China’s ZTE revises down first-quarter profit after factoring in U.S. supplier ban
ZTE Corp revised its first-quarter results to a net loss on Friday, after China’s second-biggest telecommunications equipment maker …read more Source: Reuters Tech News
Twitter to prioritize fixing platform over user growth, shares plunge
Twitter Inc on Friday reported fewer monthly active users than analysts expected and warned that the closely-watched figure could …read more Source: Reuters Tech News
Instagram not an instant fix for ailing Facebook
Revenue forecasts from Facebook Inc that alarmed investors, fueling the worst day ever for its shares on Thursday, add to …read more Source: Reuters Tech News
Twitter beats estimates on revenue but monthly usage falls
Twitter Inc posted record profit on Friday with second quarter revenue that beat financial analysts’ estimates and said penalizing …read more Source: Reuters Tech News
China says it is still open to talks on scrapped Qualcomm-NXP takeover
China’s market regulator said it still hoped to find a solution to antitrust concerns that doomed Qualcomm Inc’s $44 billion …read more Source: Reuters Tech News
Samsung Display says unbreakable, flexible screen passes U.S. safety test
Samsung Display, a subsidiary of Samsung Electronics Co Ltd, on Friday said its recently developed unbreakable, bendable screen has passed …read more Source: Reuters Tech News
China says still open to talks on scrapped Qualcomm-NXP takeover
China’s market regulator said it still hoped to find a solution to antitrust concerns that doomed Qualcomm Inc’s $44 billion …read more Source: Reuters Tech News
Qualcomm CEO in the ring alone after U.S.-China spat kills deals
Qualcomm Inc Chief Executive Officer Steven Mollenkopf sought government help to block an acquisition of the U.S. chip maker on …read more Source: Reuters Tech News
SoftBank to launch mobile payments service in Japan with India’s Paytm
SoftBank Group Corp said on Friday it will team up with India’s Paytm to launch a digital payments service in …read more Source: Reuters Tech News