Social media companies were big beneficiaries of the COVID-19 pandemic. Naturally, having consumers confined to their homes meant more time spent in front of screens. This really showed up in the numbers, with most companies in the sector experiencing a spike in monthly active us
NEW YORK (Reuters Breakingviews) - Facebook, Alphabet’s Google and Amazon.com are lions on the prowl. Instead of wildebeest, they’re eyeing the fattened-up savings of the U.S. consumer. The tech titans stand to rake in ad revenue as
Lackluster results from Tesla and 3M dragged Wall Street's main indexes lower on Tuesday, shifting investor focus to earnings from big technology companies, including Microsoft and Alphabet, later in the day.
The world's biggest central banks are revving up work on issuing digital cash, aiming to fend off emerging threats to traditional money and to make payments systems smoother.
Russia's Federal Antimonopoly Service said on Tuesday it had fined U.S. tech giant Apple $12 million for allegedly abusing its dominant position in the mobile applications market.
The S&P 500 and the Nasdaq were set to open slightly higher on Tuesday as investors geared up for earnings reports from Microsoft and Alphabet, while awaiting cues from the Federal Reserve on its monetary policy stance.
Snap's (NYSE: SNAP) stock recently popped after the company's first-quarter numbers exceeded analysts' expectations. The social networking company's revenue surged 66% year over year to $770 million, topping estimates by $28 million and marking its strongest growth in over three
Investing in turnaround situations is usually risky. But when a company is already showing signs of major progress, it's wise to take notice. Accepting the fact that its print and advertising revenue was in permanent decline, The New York Times Company (NYSE: NYT) is now starting
U.S. stock index futures treaded water on Tuesday as investors geared up for earnings reports from big technology companies, while awaiting cues from the Federal Reserve on its monetary policy stance.
How platforms enforce against activities conducted not just on their services but on other sites and offline, is often only described vaguely in their rules. But as lawmakers and researchers examine tech's relationship with real-world violence or harm, this moderation is gaining attention.
Alphabet (Google) (NASDAQ: GOOG) is scheduled to report its fiscal Q1 2021 results on Tuesday, April 27. We expect GOOG to beat the consensus estimates for revenues and earnings. The company has reported better than expected revenues and earnings figures in each of the last thr
Pinterest’s stock (NYSE: PINS) has fallen by 15% over the last five trading days. In comparison, the broader S&P500 fell by 0.7% over the last five trading days. The sell off in the stock is said to be because of a cautious note on March-quarter financial result
Gucci and Facebook have filed a joint lawsuit in California against an individual who allegedly used the U.S. group's social media platforms to sell fake Gucci products, the two companies said on Tuesday.
The S&P 500 and Nasdaq closed at record highs on Monday, fueled by Tesla Inc and other heavyweight growth stocks ahead of a deluge of earnings reports this week.
Global stock markets made moderate gains on Monday as increasing confidence about a rapid recovery of economies from the COVID-19 pandemic offset concerns about the speed of the market's rally.
The S&P 500 and Nasdaq closed at record highs on Monday, fueled by Tesla Inc ahead of the electric car maker's quarterly report, the first of several this week from heavyweight growth companies.
The impact of Apple Inc's new privacy controls over digital advertising tracking is likely to depend greatly on how app developers implement a new pop-up notification, Apple's user privacy chief told Reuters.
The S&P 500 and Nasdaq climbed on Monday, fueled by Tesla ahead of the electric car maker's quarterly report, which kicks off this week's results from several heavyweight growth companies.
Wall Street's main indexes rose on Monday as electric-car maker Tesla gained ahead its earnings report, kicking off this week's results from heavyweight technology companies.