Mobile

Mobile

Warner Music Pitches IPO on Streaming Surge

The record label believes "consumer adoption of paid streaming services still has significant potential for growth.”

Matthew Heller
February 7, 2020
Mobile

Facebook Shares Drop 7% Despite Earnings Beat

A fourth straight quarter of revenue growth below 30% and a 34% jump in expenses may have weighed on investors.
Mobile

Sprint Loses More Postpaid Phone Customers

"The company's long-gestating merger with T-Mobile continued to hang over every aspect" of Sprint's Q3 results.
Mobile

GrubHub May Be Considering a Sale

The online delivery company is reportedly working with an adviser to explore strategic options.
Mobile

Uber Beats Estimates But Loss Widens to $1.16B

While Uber's Rides segment is profitable, it is spending heavily on new businesses such as Eats.
Mobile

Nokia Shares Tank as 5G Costs Hit Q1 Outlook

The Finnish firm delivered a "solid" third quarter but its stock fell 24% as it forecast negative 3% margins for Q1.
Credit

Legacy Banks Are Threatened – Unless They Fight Back

Leading financial institutions still have the opportunity to create a new kind of bank, one that is more than just what the new challengers promise.
Mobile

AT&T Fined $60 Million in Data ‘Throttling’ Case

An FTC commissioner says AT&T's unlimited data plan for smartphone customers was a "bait-and-switch scam."
Mobile

American Express Buys Restaurant Booking Service Resy

This is the third acquisition of a dining-industry platform for American Express in less than two years.
Data Security

Firms Settle With NY Over App Security Flaw

New York's attorney general says the companies' apps had a flaw that could have exposed sensitive user data to hackers.
Technology

Companies Must Be Held Accountable for Protecting Customers’ Data: Tim Cook

Speaking at a conference in Brussels, Apple's CEO said Europe's privacy regulations should be a model for policymakers.
Cash Management

Berkshire Invests In India’s Paytm

The company, India’s largest mobile-payments firm, saw a spike in users after Prime Minister Narendra Modi’s decision to pull cash from circulation.
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