Cheetah Mobile (NYSE: CMCM), a Chinese maker of mobile apps and games, lost 90% of its value over the past five years as its revenue and earnings plummeted. Its recent first-quarter report also didn't inspire much confidence in a near-term recovery.
It's not uncommon for tech companies with deep pockets to get into early-stage venture capital investing. Alphabet's Google Ventures, Salesforce Ventures, and Intel Capital are among the most prominent and active corporate venture capital arms within the tech sector. Even relati
U.S. video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries' media unit Network18, about a multi-year partnership to source content, three sources told Reuters, in a move that would expand a relationship between the two sides.
U.S. video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries' media unit Network18, about a multi-year partnership to source content, three sources told Reuters, in a move that would expand a relationship between the two sides.
Twitter on Thursday said it removed more than 170,000 accounts tied to a Beijing-backed influence operation that deceptively spread messages favorable to the Chinese government, including about the coronavirus.
What happened
Shares of Facebook (NASDAQ: FB) were getting pummeled along with the broader market today as the social media giant closed down 5.2%. By comparison, the S&P 500 index lost 5.9%.
Twitter on Thursday said it was removing hundreds of thousands of accounts tied to a Beijing-backed influence operation that deceptively spread messages favorable to the Chinese government, including about the coronavirus.
Alphabet Inc's Google said on Thursday it was tackling unlawful discrimination by barring housing, employment and credit ads from being targeted to users based on their postal code, gender, age, parental status or marital status.
Snap Inc on Thursday announced a slate of new features for its photo messaging app Snapchat, such as new original shows and ways for outside developers to create products that will entice users to spend more time using the app.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI ACWI ETF (Symbol: ACWI) where we have detected an approximate $152.9 million dollar inflow -- that's a 1.3% increase week over week in
Many small businesses were hit exceptionally hard by the coronavirus pandemic. While the pandemic curbed consumer spending, many small businesses struggled to adapt their businesses to online ordering.
The virtual reality market has been hailed as the "next big thing" for decades, but VR has repeatedly disappointed consumers with mediocre hardware products and software experiences.
Nike (NYSE: NKE) has delivered market-smashing returns to investors with the stock up almost 500% over the last 10 years. It's the most valuable apparel brand in the world, according to Brand Finance, ranking ahead of even top luxury labels.
A raft of small cap stocks has soared by hundreds of millions of dollars in value in recent weeks as frenzied retail traders piled in to a blistering stocks rally.
Indonesian motorcycle taxi driver Aji chain-smokes and checks his smartphone constantly while waiting for orders by the roadside in downtown Jakarta on a hot June morning, but is staring at the prospect of another fruitless day.
Rupert Murdoch's News Corp will need to cut jobs in its British newspaper and radio operations as part of a business review aimed at reducing costs, News UK Chief Executive Rebekah Brooks said in a letter to staff on Wednesday.
In the past, U.S. corporations have largely remained silent as protests erupted over killings of African-Americans by police officers. That changed with the May 25 death of George Floyd in Minneapolis, which has set off a flurry of corporate statements of solidarity with the black community – along with pledges of more than $1.7 billion to advance racial justice and equity.
Facebook (NASDAQ: FB), Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, and Twitter (NYSE: TWTR) are facing calls from European Union officials to provide monthly progress reports on their efforts to keep misinformation off their platforms.
A raft of small cap stocks has soared by hundreds of millions of dollars in value in recent weeks as frenzied retail traders piled in to a blistering stocks rally.