Twitter Sees a Fall in Monthly Active Users to 335 Million, Revenue Beats Estimates

Twitter posted record profit on Friday with second quarter revenue that beat financial analysts’ estimates and said penalising misbehaving users this year had paid off even though monthly usage had dropped. Twitter, like bigger rival Facebook, has been under pressure from regulators in several countries to weed out hate speech, abusive content and misinformation, better protect user … Read more

Samsung estimates $3 billion loss over the next two quarters

There is no doubt that Samsung is sure to lose boatloads of money over the Samsung Galaxy Note7. Today, the company announced that it expects 3.5 trillion won (around $3 billion) to negatively impact the operating profit through Q4 and Q1 of 2017. That’s after Samsung’s re-allocation of the expected cost expense of the discontinuation … Read more

fb shatters Wall avenue estimates, proposes new proportion structure

Tech massive facebook beaten analyst estimates when it pronounced first-sector effects on Wednesday. The employer pronounced adjusted first quarter profits of seventy seven cents per percentage on salesof about $5.38 billion. Analysts had predicted facebook to record earnings of approximately 62 cents perproportion on $five.26 billion in sales, according to a consensus estimate from Thomson … Read more