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Archive

Technology

Friday, May 1, 2020

Twitter swings to loss
Technology

Twitter swings to loss

Twitter swung to a loss in the past quarter as the global pandemic hit advertising revenue, even as the social platform saw a surge in new users. In its quarterly update Thursday, Twitter saw an $8 million loss as revenues edged up three percent to $808 m
Published 01 May, 2020 12:54am
Facebook sees 'signs of stability' in ad spending
Technology

Facebook sees 'signs of stability' in ad spending

Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday and said it has seen "signs of stability" for sales in April after a plunge in March, in yet another signal that tech giants may weather the coronavirus-induced economic collapse bet
Published 01 May, 2020 12:54am