Twitter posts strong user growth, shares soar
Shares of Twitter Inc jumped on Wednesday after the microblogging service reported better-than-expected user growth in the first quarter, although its revenue fell for the first time.
TOKYO Japan's Toshiba Corp (6502.T) said on Tuesday it will speed up looking at whether it should sell a majority of its overseas nuclear power business.
The company plans to review the positioning of its U.S. nuclear power unit Westinghouse and "aggressively consider strategic options for it," the company said in a regulatory filing.
It also said it is aiming for an operating profit of 210 billion yen ($1.8 billion) in the year starting April 2019 - a target that excludes Westinghouse and its flagship memory chip business which it has put up for sale.
The conglomerate as a whole has estimated an operating loss of 410 billion yen for the year ending this March.
(Reporting by Makiko Yamazaki; Editing by Edwina Gibbs)
Marketers spent $72.5 billion on digital advertising last year, an increase of 22 percent from 2015, as Google and Facebook once again booked the lion's share of new revenue, a report released by the Interactive Advertising Bureau said on Wednesday.