Video may have killed the radio star, but it could offer a lifeline to Twitter Inc. Just don't expect a turnaround in the company's flagging fortunes anytime soon, analysts said.
Top Stories On Technology
Billionaire investor Steven A. Cohen is committing US$250 million to a Boston-based investment firm that lets scientists, developers and students submit computerized investment models and then picks the most promising ones to manage the money.
Chinese e-commerce group Alibaba, U.S. online retailer eBay Inc, and private equity firm CVC Capital Partners are among the bidders for Eastern Europe's No.1 auction website Allegro from South Africa's Naspers, sources said.
International Business Machines Corp said on Wednesday it would provide its technology and resources to help track the spread of the Zika virus.
Though Apple Inc is selling enough iPhones to keep investors happy for now, the world's most valuable publicly traded company is set increasingly to rely on its apps and services to drive growth.
Fiat Chrysler Automobiles (FCA) nudged up its full-year adjusted earnings guidance on Wednesday, but its shares came off earlier highs after recall costs hit second-quarter profit and concerns remained about its exposure to a peaking U.S. market.