Tribune-Sinclair merger falls flat amid regulatory intervention
An attempt by two leading media firms to join the consolidation wave sweeping the industry failed this week, days after...
Technology
Dropbox Q2 results beat estimates; stock falls on COO’s resignation
Cloud storage company Dropbox (DBX) reported a narrower loss in the second quarter as paid users growth and per-user revenue...
Mars trek nears reality as Boeing, SpaceX aim for the sky
Whenever companies engage in healthy competition and try to outsmart each other, they continuously come under the scrutiny of the...
Viacom beats earnings expectations; misses on revenue
Viacom (VIAB) beat analyst expectations on adjusted earnings numbers for the third quarter of 2018 but missed out on revenue...
Roku moves closer to profitability; stock jumps 8% on Q2 beat
Continuing the strong momentum that started after going public nearly a year ago, Roku (ROKU) emerged from the negative territory...
Yelp shares jump 6% after smashing past estimates
Crowd-sourced review forum Yelp (YELP) reported better-than-expected revenue during the second quarter, helped by strong growth in the core advertising...
Can Disneyflix usurp Netflix?
The credit for the most disruptive business model of the century arguably belongs to Netflix (NFLX), at least in the...
Earnings Preview: Dropbox to store more bytes in Q2
Dropbox (DBX) is likely to report its earnings for the second quarter on Thursday after the market closes. After beating...
Ahead of Disney deal, 21st Century Fox posts surge in Q4 profit
21st Century Fox (FOXA) beat analyst expectations on revenue and adjusted EPS numbers for the fourth quarter of 2018. The...
3D Systems stock jumps on upbeat results in Q2
3D Systems Corporation (DDD) reported a wider loss in the second quarter due to an increase in selling, general and...
Alibaba to combine food delivery services into one business
China’s food-to-flight services platform, Meituan-Dianping has been witnessing fast growth posing threat to larger rivals such as Alibaba (BABA). And...
Earnings Preview: Disney will totally change the equation for 21st Century Fox
21st Century Fox (FOXA) is set to report its fourth quarter and fiscal year 2018 results on August 8. For...
Earnings preview: Market looks beyond Q2 as Roku gears up for earnings
Television streaming platform Roku (ROKU) is all set to announce its fourth financial report since going public in September last...
Prospects for T-Mobile, Sprint merger improve
Prospects for the planned merger of Sprint (S) and T-Mobile (TMUS) brightened considerably after reports surfaced claiming that the Department...
Snap bucks social-media curse; stock jumps as much as 10%
Snap (SNAP) reported a narrower-than-expected adjusted net loss of 14 cents per share during the second quarter as Daily Active...
Disney shines on box office hits; stock dips as Q3 earnings miss
Entertainment conglomerate Walt Disney Company (DIS) closed its eventful third quarter on a positive note, with earnings registering double-digit growth...
Tesla fast-tracks China launch, starts hiring
A week after CEO Elon Musk reaffirmed that Tesla (TSLA) would turn profitable by the next quarter, the electric car...
Peace: Cisco, Arista settle patent infringement lawsuit
The patent infringement dispute between network technology companies Cisco Systems (CSCO) and Arista Networks (ANET) took a turn for the...
Twilio stock surges on Q2 earnings beat, strong guidance
Cloud communications platform Twilio Inc. (TWLO) turned to profit in the second quarter from a loss last year helped by...
All eyes on the next Apple iPhone, but delay on the cards
Apple (AAPL) is widely expected to release three iPhone models this year, including an update to the iPhone X, a...
Earnings preview: Snap shares likely to slide after Q2 results
It’s been an abysmal quarter for social media companies so far, with two industry giants – Facebook (FB) and Twitter...