Twitter today reported Q2 earnings, and the woe that is its poor user growth continues, with its 313 million monthly active users up just 3% on a year ago, and up less than 1% on its previous quarter.
Chinese electronics firm LeEco is buying American TV manufacturer Vizio for $2 billion. The acquisition was announced during a press event this morning in Los Angeles, giving LeEco an instant foothold in the US television market.
With help from Cogan Schneier and Adam Behsudi. LABOR LEADERS BEAT UP ON TRUMP: Six different labor leaders spoke Monday night at the Democratic National Convention, and most took whacks at Donald Trump.
The doves have taken flight on Wall Street with expectations for continued easy monetary policy from the Federal Reserve soaring to new heights.
Verizon Communications Inc. reported its first decline in quarterly revenue in six years amid sluggish subscriber growth, underscoring why the nation's biggest wireless carrier is seeking new sources of revenue through acquisitions like Yahoo Inc. YHOO ...