Snap disappoints with fourth-quarter revenue guidance, sending shares down
Snap Inc on Tuesday forecast fourth-quarter revenue largely below Wall Street estimates, sending its shares down 5% in after-market trading....
U.S. defense chief drops review of $10 billion cloud computing contract over conflict of interest
U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing deal because of a possible conflict of interest, a...
Disney+ to close in on Netflix with Verizon promotion
Walt Disney Co’s launch of its Disney+ streaming service will get a boost of about 50 million U.S. subscribers through a promotion with Verizon Communications...
U.S. Defense chief won’t review $10 billion cloud computing deal due to conflict of interest
U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing contract because of a possible conflict of interest, the...
Snap forecasts fourth-quarter revenue below expectations
Snap Inc on Tuesday forecast fourth-quarter revenue largely below Wall Street estimates, sending its shares down 7% in after-market trading before paring some of the...
Snap beats revenue estimates as it adds more users
Snap Inc beat analysts’ quarterly estimates for revenue on Tuesday as it added more users to its photo messaging app Snapchat, helped by new features...
German WW2 U-boat base in France reboots as data center
The thick concrete walls of a long-abandoned World War Two German submarine base in Marseille, southern France, are set to find a new purpose: keeping...
SoftBank clinches deal to take over WeWork: sources
SoftBank Group Corp agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment and paying off its co-founder...
Guitar maker Fender hopes to rock revenues with digital song-learning app
Fender Musical Instrument Co will help musicians play along with their favorite songs on their guitars with a subscription service released on Tuesday that will...
Uber CEO expects to ride developing market growth in next decade
Uber pinned its growth over the next decade on developing markets like India on Tuesday, despite the problems it has faced in establishing itself in...