Blue Apron Holdings Inc on Wednesday said it plans to cut marketing spending, sacrificing possible revenue growth to focus on promoting its meal-kit delivery service to its highest-paying, most profitable customers.
NEW YORK Cloud-security firm Netskope said on Tuesday it has raised $169 million in a deal that will help fund global expansion and pushed its valuation over $1 billion.
Cybersecurity firm Symantec Corp beat analysts' estimates for second-quarter profit and revenue on Thursday, easing investor concerns following three consecutive quarters of disappointing results and forecast cuts.
NEW YORK/SAN FRANCISCO Apple Inc refreshed some of its lesser-known products at a New York event on Tuesday, adding iPhone features like facial recognition to the iPad Pro and faster processors and better displays to some Mac computers that had gone years without a major update. | Video
NEW YORK Twitter Inc shares jumped as much as 22 percent on Thursday, putting them on track for their biggest one-day gain, as the social media company easily beat Wall Street's revenue and profit estimates by selling more ads even though it lost users after purging millions of fake accounts. | Video
NEW YORK, Oct 25 Twitter Inc on
Thursday reported a larger-than-expected decline in monthly
users in the third quarter, its second straight quarterly drop,
and predicted the figure will fall again in the current period.
NEW YORK/SAN FRANCISCO Music streaming service Spotify said on Wednesday it had taken a stake in DistroKid, a distribution service that allows recording artists to upload music across online stores and streaming platforms including Spotify's biggest rival, Apple Music.
NEW YORK/LONDON Facebook Inc's WhatsApp messenger service said on Wednesday it has fixed the latest bug on its platform that allowed hackers to take over users' applications when they answered an incoming video call.
Buyout firm Thoma Bravo LLC has agreed to buy Imperva Inc for $2.1 billion in cash, adding the cybersecurity firm to its technology-heavy investment portfolio, it said on Wednesday.