July 27, 2018

Twitter warns fake account purge to keep erasing users, shares drop 19 percent

Twitter Inc on Friday said it lost 1 million monthly active users from the previous quarter and warned the closely watched figure could keep falling as […]
July 27, 2018

Fox and Disney shareholders approve deal for entertainment assets

Twenty-First Century Fox Inc and Walt Disney Co said on Friday their shareholders voted to approve Disney’s $71 billion purchase of Fox’s film and television assets. […]
July 27, 2018

Fox shareholders approve Walt Disney’s $71 billion deal

Twenty-First Century Fox Inc said on Friday its shareholders voted to approve Walt Disney Co’s $71 billion purchase of its film and television assets. Powered by […]
July 27, 2018

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 the pressure on its Instagram unit […]
July 27, 2018

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 keep falling as it deletes phony accounts, […]
July 27, 2018

Mastercard reiterates FY expenses outlook

(This version of the July 26th story corrects to say company reiterated its full-year expense forecast, not raised the full-year expense forecast in headline and paragraphs […]
July 27, 2018

Exclusive: China eyes infrastructure boost to cushion growth as trade war escalates – sources

China plans to put more money into infrastructure projects and ease borrowing curbs on local governments to help soften the blow to the economy from the […]
July 27, 2018

Amazon lifts futures, GDP data awaited

U.S. stock index futures rose on Friday as Amazon’s robust earnings buoyed the flagging FAANG group of high-flying stocks and ahead of a potentially strong U.S. […]
July 27, 2018

Drugmaker Merck’s quarterly profit beats as Keytruda sales surge

Drugmaker Merck & Co topped Wall Street estimates for quarterly profit on Friday as sales of blockbuster cancer drug nearly doubled and the company raised its […]
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