Technology / Media / Telecoms

Twitter numbers paint grim profitability picture

Twitter numbers paint grim profitability picture

Published 10/02/2017

A 3D printed Twitter logo is seen in front of displayed stock graph in this illustration picture made in Zenica, Bosnia and Herzegovina, February 3, 2016. REUTERS/Dado Ruvic

Twitter Inc's (TWTR.N) desultory earnings report on Thursday show a company with no evident path to profitability, as core costs climb more quickly than revenue while user growth stagnates.

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Trump, reacting to U.S. appeals court ruling, tweets: “SEE YOU IN COURT”

Trump, reacting to U.S. appeals court ruling, tweets: “SEE YOU IN COURT”

Published 10/02/2017

U.S. President Donald Trump tweeted "SEE YOU IN COURT, THE SECURITY OF OUR NATION IS AT STAKE!" shortly after a U.S. federal appeals court on Thursday unanimously upheld a temporary suspension of his order that restricted travel from seven Muslim-majority countries.

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Remote control: Companies blur lines over who owns devices

Remote control: Companies blur lines over who owns devices

Published 09/02/2017

FILE PHOTO: A customer uses his Samsung Electronics' Galaxy Note 7 as he waits for an exchange at company's headquarters in Seoul, South Korea, October 13, 2016. REUTERS/Kim Hong-Ji/File Photo

When Samsung Electronics remotely disabled the last of its flawed Galaxy Note 7 smartphones last month, it further blurred the lines between who ultimately controls your phone, or computer, car or appliance: you, or the companies that make it work?

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Graphics-chip maker Nvidia`s revenue beats expectations

Graphics-chip maker Nvidia`s revenue beats expectations

Published 09/02/2017

The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith/File Photo

Nvidia Corp's quarterly revenue surged more than 50 percent for the second straight quarter and beat expectations, helped by rising demand for its graphics chips and strength in rapidly growing areas such as self-driving systems and artificial intelligence.

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Twitter advertising revenue falls, shares drop more than 10 percent

Twitter advertising revenue falls, shares drop more than 10 percent

Published 09/02/2017

People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken in Warsaw September 27, 2013. REUTERS/Kacper Pempel/Illustration/File Photo

Twitter Inc (TWTR.N) posted the slowest revenue growth since it went public four years ago, sending shares down more than 10 percent on Thursday on fears that rivals Snapchat and Facebook Inc(FB.O) were winning the war for advertising.

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`FarmVille` creator Zynga forecasts bookings below estimates

`FarmVille` creator Zynga forecasts bookings below estimates

Published 09/02/2017

The Zynga logo is pictured at the company's headquarters in San Francisco, California April 23, 2014. REUTERS/Robert Galbraith/File Photo

Zynga Inc (ZNGA.O), which created the online game FarmVille, forecast current-quarter bookings largely below analysts' estimates, weighed down by a seasonally weak advertising business as well as declines in its web business.

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Kushner looks for buyers for New York Observer: report

Published 21/12/2016

Ivanka Trump, daughter of U.S. President Elect Donald Trump walks through the lobby with her husband Jared Kushner at Trump Tower in New York, U.S. November 18, 2016. REUTERS/Mike Segar

President-elect Donald Trump's son-in-law, Jared Kushner, is looking to sell his newspaper, The New York Observer, the trade newspaper Women's Wear Daily reported on Wednesday.

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Bollore`s raider reputation rattles Berlusconis in battle of billionaires

Published 13/08/2016

File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company's shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo

When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV business of Italian broadcaster Mediaset (MS.MI), and instead proposed to take a large slice of the parent company itself, investors feared he was plotting another stealth raid.

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Arianna Huffington to leave Huffington Post to focus on start-up

Published 11/08/2016

Arianna Huffington, president and Editor-in-Chief of The Huffington Post Media Group attends a session at the World Economic Forum (WEF) in Davos January 25, 2014. REUTERS/Denis Balibouse

Huffington Post co-founder Arianna Huffington said on Thursday she would step down as editor-in-chief of the news site that bears her name to focus on running her new venture, health and wellness startup Thrive Global.

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Tribune channels taken off Dish network after failure to reach deal

Published 13/06/2016

The new logo for DISH is seen on the podium before a news event to promote the company's new logo, products and services at the Consumer Electronics Show opening in Las Vegas January 9, 2012. REUTERS/Rick Wilking

Tribune Media Co chose to take off its television channels from Dish Network Corp's distribution systems across the United States on Sunday night after they failed to renew their contract, the companies said.

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