SHENZHEN, China (Reuters) – Former Huawei unit Honor posted the fastest growth in China’s smartphone market in the first quarter, […]
NetEase’s Cloud Music sues Tencent Music, claims unfair competition
HONG KONG/BEIJING (Reuters) -NetEase’s Cloud Music unit has sued Tencent Music Entertainment (TME), accusing it of unfair competition and plagiarising […]
Meta shares surge after Facebook ekes out user growth
By Nivedita Balu and Elizabeth Culliford (Reuters) – Facebook rebounded from a drop in users early this year and its […]
Musk’s criticism of Twitter staff triggers backlash
By Dawn Chmielewski and Hyunjoo Jin (Reuters) – Elon Musk’s criticism of Twitter Inc sparked a barrage of abusive tweets […]
PayPal shares rise despite cut in annual profit view
(Reuters) -PayPal Holdings Inc shares traded higher Wednesday even after the company lowered its full-year profit outlook, signaling that payments […]
Telefonica Brasil expects $1.09 billion of synergies with Oi deal
SAO PAULO (Reuters) – Telefonica Brasil said on Wednesday it estimates the assets acquired from Brazilian telecom Oi Movel will […]
Qualcomm forecasts upbeat revenue as diversification bet pays off
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Qualcomm Inc forecast third-quarter revenue above analyst expectations after beating second quarter […]
Iron man Elon Musk places his Tesla battery bets
By Hyunjoo Jin and Paul Lienert (Reuters) – As Tesla’s profits and prices grabbed headlines last week, a potentially pivotal […]
Factbox-Electric car battery showdown brews in West
(Reuters) – Several companies plan to open production facilities for lithium iron phosphate (LFP) batteries or components in North America […]
Pinterest posts strong quarter on ad spending boost
(Reuters) -Pinterest Inc’s first-quarter revenue and profit surpassed market estimates on Wednesday as the image-sharing platform benefited from higher ad […]