Facebook Adds CRM Platform With Kustomer Buy
The deal “could provide businesses and customers with more support for interactions that occur on Facebook and its other apps."
Twitter Shares Fall on Slowing User Growth in Q3
Twitter beat estimates on the top and bottom lines but daily active user growth of only 1 million disappointed investors.
WarnerMedia Plans More Layoffs as Virus Bites
“Like the rest of the entertainment industry, we have not been immune to the significant impact of the pandemic."
Microsoft Pauses Advertisements on Facebook, Instagram Globally
The company is concerned over the content that runs next to its ads.
Alphabet Discloses $15B in 2019 YouTube Ad Revenue
In its fourth-quarter report, Google's parent broke out results for YouTube and its cloud services business for the first time.
Google Fined for Market Abuse Over Ad Platform
The French competition regulator ordered the tech giant to clarify its “opaque and difficult to understand” rules.
Ex-Outcome Health Execs Charged With Fraud
The SEC says the CFO and two other executives misrepresented Outcome's financial performance to raise nearly $500 million from investors.
Cars.com Dashes Hopes of Sale, Shares Tank
The online auto marketplace received interest from 29 prospective buyers but "no actionable options for a sale of the company."
Twitter Shares Jump 15% on Monthly User Surge
“Twitter is on a path to sustainable revenue growth and accelerated profit expansion," one analyst says.
Data Drives IPG’s $2.3B Buy of Acxiom Unit
The acquisition of Acxiom Marketing Solutions will help IPG clients create "personalized brand experiences across every consumer touchpoint."
Twitter Posts Second Straight Quarterly Profit
"The monetization and ad growth machine at Twitter is finally heading in the right direction," one analyst says of the Q1 results.