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Twitter shares tumble as flat user growth disappoint investors

Twitter Inc shares tumbled more than 10 percent in premarket trading on Thursday after the social media platform disappointed investors with stagnant monthly active user growth in the second quarter.

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Malaysia legalises e-hailing services as Grab, Uber compete

KUALA LUMPUR Malaysia's parliament on Thursday passed two bills that will legalise e-hailing services, as ride-hailing firms Grab and Uber Technologies Inc race to expand in the region.

5:41pm IST

Messaging startup Slack is raising $250 million amid venture investment boom

SAN FRANCISCO Software startup Slack Technologies Inc is raising $250 million in a new funding round, according to people familiar with the matter, boosting the company's valuation as Silicon Valley companies enjoy a surge in venture capital investments.

7:03am IST

Mastercard beats profit estimates, shares rise

MasterCard Inc, the world's second-biggest payments processor, on Thursday reported a better-than-expected 20 percent jump in quarterly profit as people spent more using credit and debit cards.

Budget 2017, Business, 6:38pm IST

Verizon's quarterly revenue beats estimates, subscribers rise

Verizon Communications Inc on Thursday reported quarterly revenue that topped expectations as the No. 1 U.S. wireless carrier attracted more subscribers with its unlimited data plan.

Budget 2017, Business 5:16pm IST

China's Huawei says H1 revenue climbs 15 percent, slowest in 4 yrs

HONG KONG China's Huawei Technologies Co Ltd, one of the world's largest telecom equipment makers, posted on Thursday a 15 percent rise in half-year revenue, the slowest growth for that period in four years.

2:45pm IST

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