Twitter released Tuesday its second quarter financial results, and while they met Wall Street expectations they were not impressive enough for investors.
Sectors
Creditworthiness of US at stake; Will cash-strapped US raise debt ceiling?
The creditworthiness of the world's largest economy seems to be drenched as US treasury has stopped issuing further debt citing reasons for reaching the borrowing ceiling.
Amazon offers Amazon Dash for $5 to Premium customers
The Amazon Dash, the dongle you can stick anywhere in your household for quick and convenient ordering, is now on sale exclusively for Amazon Premium customers only. Amazon will charge $5 for each.
Facebook posts Q2 gains, but expenses worry investors; shares rise, fall
Facebook has met nearly all expectations for the second quarter, yet shares fell soon after the release of its earnings report.
Yahoo paid out more than $1 million to vulnerability reporters in their Bug Bounty Program
Yahoo has revealed that it has spent more than $1 million dollars for security researchers participating in their Bug Bounty Program.
Latest News
The delayed talks over a third 85 billion euro bailout plan is set to take place on Tuesday. Syriza government led by Prime Minister Alexis Tsipras will hold negotiations with European troika, the tripartite committee led by the European Commission (Eurogroup), European Central Bank (ECB) and International Monetary Fund (IMF).
As the price of crude oil continues to slip down, the oil companies are cutting jobs to survive the business. In the first quarter of this year, blue collar jobs were deterred, this point, engineers and scientists will be affected.
France is rethinking its taxi laws with the rising demand for Uber and other online ride-hailing services. France's Economy Minister Emmanuel Macron says key players are meeting next month to re-examine the industry's economic model.
UK telecommunications provider BT has launched an all-new premium entertainment package using the telco's new set-top box.
Energy sector was the prime culprit among other stocks including materials and biotech, that pulled S&P 500 and Dow Jones lower recently. S&P 500 fell 2.2% and Dow eased 2.9% during the week ended 24 July. S&P 500 suffered biggest weekly decline since March.
The president of Mitsubishi Motors Corp (7211.T) said Japan, SouthEast Asia and Russia will become the automaker's principal production hubs after it calls time on making cars in the United States later this year because of dwindling output there.
The China Securities Financial Corporation (CSFC) has returned ahead of schedule some of the funds it borrowed from commercial banks to stabilize the stock market, three people in the banking industry with direct knowledge told Reuters.
Compared to their iOS counterparts, Developers in the Mac App Store are making significantly less money and feels like they are treated like second class citizens in the world of Apple. This is bad news for developers and consumers alike.
While the company has yet to release an official statement or at least a preview, multiple sources have begun sharing photos of what is believed to be the new Moto X, which features a screen of either 5.2- or 5.5-inch size and more advanced hardware.
