• Google earnings help buoy global markets

    4 monthes ago - By Chron

    LONDON - A strong round of U.S. corporate earnings, most notably from Google parent Alphabet, helped buoy global stock markets on Tuesday despite some soft economic data that stoked some concerns about the state of the global economy at a time when trade tensions are elevated.
    KEEPING SCORE: In Europe, Germany's DAX rebounded 1.6 percent to 12,750 while the CAC 40 in France was 1 percent higher at 5,432. The FTSE 100 index of leading British shares gained 0.9 percent to 7,726. U.S. stocks were poised for a higher opening with Dow futures and the broader S&P 500 futures up 0.5 percent.
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  • Verizon beats quarterly estimates as subscriptions jump; shares up

    4 monthes ago - By Reuters

    Verizon Communications Inc reported better-than-expected quarterly profit and revenue on Tuesday as the No. 1 U.S. wireless carrier attracted more subscribers with unlimited data plans, sending shares higher in premarket trading.
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  • Chart: These 6 Companies Control Much of U.S. Media

    4 monthes ago - By Fortune

    Traditional media giants are racing to consolidate in the face of tech industry disruption. Can they retain control of the medium and the message?
    Welcome to Hollywood, AT&T. The company that most people associate with mobile phones entered show business in June when a U.S. District Court judge approved its acquisition of Time Warner , giving AT&T command of Warner Bros., HBO, and Turner. (Stay tuned: The Justice Department filed an appeal in July.) A Disney acquisition of 21st Century Fox may follow-that is, if Comcast doesn't get there first. What prompted this wave of megamergers?...
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  • Verizon beats profit, revenue estimates on more subscribers

    4 monthes ago - By Reuters

    Verizon Communications Inc reported better-than-expected quarterly profit and revenue on Tuesday, as the No. 1 U.S. wireless carrier attracted more subscribers with unlimited data plans.
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  • U.S. consumers are less satisfied with social media after year of data scandals

    U.S. consumers are less satisfied with social media after year of data scandals

    4 monthes ago - By Venture Beat

    The social media industry is less likable than airlines and health insurance. That's according to a survey from the American Customer Satisfaction Index, out today. Each year, the ACSI surveys consumers on how favorable they find a handful of social media sites. The ACSI uses seven main benchmarks to determine a site's favorability: eas...
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  • U.S. firms face off with Indian rival in lobbying against data storage rules

    4 monthes ago - By Reuters

    U.S. payment firms have successfully pushed India to consider diluting rules on data storage, but their lobbying campaign has sparked a bitter industry spat pitting them against local rival Paytm, according to sources and documents seen by Reuters.
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