AT&T Inc on Thursday reported the coronavirus pandemic had taken a heavy toll on its media business, but quarterly results were offset by more new phone subscribers than expected, which executives credited to the improved quality of its wireless network.
Oct 22 AT&T Inc on Thursday reported the
coronavirus pandemic had taken a heavy toll on its media
business, but quarterly results were offset by stronger than
expected gains in new phone subscribers lifted by offers for its
HBO Max streaming service for free on certain phone plans.
Shares of Snap Inc rallied 23% on Tuesday after the Snapchat messaging app owner beat user growth and revenue forecasts as more people signed up to chat with friends and family during the coronavirus pandemic. | Video
Oct 20 Snap Inc, owner of the
single-view messaging app Snapchat, on Tuesday beat Wall
Street's third-quarter forecasts for user growth and revenue as
more people signed up to chat with friends and family during the
Walmart Inc is aggressively expanding its advertising business after years of stuttering progress, even as a proposed deal to buy a stake in video-sharing app TikTok remains stuck in limbo.
Small rivals of Alphabet Inc's Google say signs are emerging of more benevolent behavior from the online advertising leader amid accusations by the U.S. government and states that the company uses its dominance to thwart competition.
Twitter Inc Chief Executive Jack Dorsey said on Friday the social media platform plans to expand its labeling of state-affiliated accounts worldwide, even as he defended its policy of allowing leaders of countries like Iran and China to use Twitter.