Pushkala A

Twitter says it could turn first-ever profit, shares surge

Oct 26 2017

Twitter Inc said on Thursday it may become profitable for the first time next quarter after slashing expenses over the past year and ramping up deals to sell its data to other companies, which could help to break its reliance on advertising for revenue. | Video

Twitter nears first profitable quarter as it slashes expenses

Oct 26 2017

Oct 26 Twitter Inc said on Thursday it could turn its first ever profit in the fourth quarter, after making sweeping cuts in expenses the past few months and finding sources of revenue beyond the advertising that dominates social media.

IBM beats revenue estimates; hints at sales growth

Oct 17 2017

International Business Machines Corp's shift to newer businesses such as cloud and security services helped it beat analysts' quarterly revenue estimates, and the technology major hinted at sales growth after nearly six years of declines.

Pandora Media's revenue beats on advertising boost

Jul 31 2017

Pandora Media Inc reported better-than-expected quarterly revenue as advertisers spent more on the online music streaming service amid stiff competition.

Twitter shares tumble as user growth stalls

Jul 27 2017

Twitter Inc shares plunged more than 14 percent on Thursday after the social media platform disappointed investors with stagnant monthly active user growth in the second quarter. | Video

IBM misses revenue estimates, weighed down by legacy businesses

Jul 18 2017

IBM Corp on Tuesday reported a lower-than-expected quarterly revenue, as growth in its higher-margin businesses that include cloud and artificial intelligence services failed to make up for declines across legacy business segments.

Microsoft Surface sales sink, shares dip

Apr 27 2017

Microsoft Corp slightly missed Wall Street's average revenue estimate for the latest quarter on Thursday, as sales of its Surface tablets and laptops slumped in the face of revamped competition in the personal computer market.

World News

Chad leader Deby, key Western ally, killed in battle

N'DJAMENA (Reuters) -Chad's President Idriss Deby, who ruled his country for more than 30 years and was an important Western ally in the fight against Islamist militants in Africa, was killed on Monday in a battle against rebels in the north.