Month: May 2018
Alibaba Q4 results beat estimates on strength of core commerce
Alibaba Group (BABA) reported double-digit growth in its fourth quarter earnings and revenues, aided by strong performance in its core…
Cambridge Analytica shutting doors; cites irreparable damage from Facebook scandal
British data analytics firm Cambridge Analytica (CA) has decided to close its operations in the U.K. and the U.S. and…
CBS stock in green after Q1 profit beats consensus estimate
CBS Corp. (CBS) reported a 13% increase in first-quarter earnings as higher advertising, higher station affiliation fees, growth from digital…
Subway hunts for new CEO to fight multiple battles
Sandwich chain Subway said that CEO Suzanne Greco is leaving the corner office coming summer. Greco is leaving the firm…
Hulu’s U.S. subscriber count surpasses 20 million
Netflix (NFLX), with a 57 million U.S. subscriber base, continues to occupy the top spot when it comes to the…
What did Facebook bring to F8?
After a tough couple of weeks with the Cambridge Analytica scandal and the Congressional hearing, Facebook (FB) CEO Mark Zuckerberg…
Call of Duty drives Activision’s Q1 earnings to record high
Video game developer Activision Blizzard (ATVI) said today its first-quarter earnings and revenues hit an all-time high helped by strong…
GoPro beats revenue and earnings estimates; net loss narrowed
The struggling consumer technology company GoPro reported better than expected sales and earnings for the first quarter, with the numbers…
Is the Tesla stock sell-off a call for Musk to tone down?
“These questions are so dry. They’re killing me…” That was Tesla (TSLA) chief Elon Musk’s response when confronted by investors’…