Edition:
United Kingdom

Angela Moon

Twitter shares sink after weaker-than-expected revenue forecast

07 Feb 2019

NEW YORK Twitter Inc said on Thursday revenue in the first quarter would be weaker than expected while full-year operating costs would rise, sending shares down more than 7 percent in premarket trading. | Video

Illumio raises $65 million, J.P. Morgan Asset Management leads round

07 Feb 2019

NEW YORK Cyber security firm Illumio said on Thursday it raised $65 million in a funding round led by J.P. Morgan Asset Management that will be used to help the money-losing company expand outside the United States.

UPDATE 3-Twitter shares sink after weaker-than-expected revenue forecast

07 Feb 2019

NEW YORK, Feb 7 Twitter Inc said on Thursday revenue in the first quarter would be weaker than expected while full-year operating costs would rise, sending shares down more than 7 percent in premarket trading.

Twitter revenue beats Wall St as video ad sales surge

07 Feb 2019

NEW YORK, Feb 7 Twitter Inc reported a better-than-expected 24 percent increase in fourth-quarter revenue on Thursday, helped by growth in its video advertising business.

Symantec beats earnings estimates, CFO to step down

01 Feb 2019

Antivirus software maker Symantec Corp shares rose in extended trade on Thursday after beating profit and revenue estimates in the December quarter and raising guidance on strong enterprise and consumer businesses.

UPDATE 2-Symantec tops profit estimates as consumer sales rise; shares surge

31 Jan 2019

Jan 31 Antivirus software maker Symantec Corp beat Wall Street estimates for revenue and profit in the December quarter, driven by growth in its consumer business, sending shares up 6 percent in extended trade on Thursday.

Exclusive: Snapchat weighs what was once unthinkable - permanent snaps

29 Jan 2019

NEW YORK Snap Inc is considering changes to its Snapchat app, known for disappearing photos and videos, that could make users' public posts longer lasting or even permanent, people familiar with the matter said. | Video

Exclusive - Snapchat weighs what was once unthinkable - permanent snaps

29 Jan 2019

NEW YORK Snap Inc is considering changes to its Snapchat app, known for disappearing photos and videos, that could make users' public posts longer lasting or even permanent, people familiar with the matter said. | Video

Ex-Symantec executive Canellos joins Ericom Software as CEO

17 Jan 2019

NEW YORK Ex-Symantec executive David Canellos has joined Ericom Software as chief executive officer, the security software provider said on Thursday, just a month after his departure from Symantec.

WeWork gets $2 billion after SoftBank cuts planned investment

08 Jan 2019

WeWork said on Tuesday that Japan's SoftBank boosted its stake in the company by $2 billion (1.6 billion pounds) in a deal that is billions of dollars below what the shared workspace provider had hoped to raise to fund growth and buy out existing shareholders. | Video

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