Twitter posts $537 mn net loss over lawsuit payout
Twitter said Tuesday it had posted a $537 million net loss in the third quarter after settling a lawsuit alleging investors were misled about slowing user growth.
Oct 26, 2021
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Business
Twitter said Tuesday it had posted a $537 million net loss in the third quarter after settling a lawsuit alleging investors were misled about slowing user growth.
Oct 26, 2021
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Business
Twitter announced Monday it will pay $809 million to settle a 2016 lawsuit alleging members of the social network's leadership, including founder Jack Dorsey, provided misleading information to investors about slowing user ...
Sep 20, 2021
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Business
Twitter chief Jack Dorsey on Friday put out word that he and rap mogul Jay-Z are creating a fund devoted to making bitcoin digital money "the internet's currency."
Feb 13, 2021
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Internet
Facebook is passing the buck for its indefinite suspension of former president Donald Trump to a quasi-independent oversight board, setting up a major test of the recently established panel.
Jan 21, 2021
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Internet
A group of prominent Facebook critics, including one of the social network's early investors and a journalist facing jail time in the Philippines, are launching their version of an "oversight board" to rival the company's ...
Sep 25, 2020
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Energy & Green Tech
By studying 488 public airports in the United States, University of Colorado Denver School of Public Affairs researcher Serena Kim, Ph.D., found that 20% of them have adopted solar photovoltaic (PV), commonly known as solar ...
Sep 21, 2020
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Business
In what could be one of the biggest financial frauds of recent years, German payments provider Wirecard on Monday admitted 1.9 billion euros that auditors say are missing from its accounts likely "do not exist".
Jun 22, 2020
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Business
The founder and chief executive of scandal-hit Wirecard resigned on Friday after the German payments provider was hit with fresh fraud allegations that have left it struggling for survival.
Jun 19, 2020
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Business
Shares in Cathay Pacific ended lower Wednesday, having soared nearly 19 percent at the open, a day after the airline announced a multibillion-dollar government-led bailout plan.
Jun 10, 2020
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Energy & Green Tech
California regulators on Tuesday strengthened a proposed first-in-the-nation rule that would force auto makers to sell more electric delivery vans and work trucks in a state with the country's worst air quality.
Apr 29, 2020
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