media

Roku Shares Rise on Bullish Price Target

Roku Shares Rise on Bullish Price Target

Roku Inc. (NASDAQ: ROKU) shares continued to rise into Tuesday after Needham analyst Laura Martin gave a price target of $50 for the company, 10 percent higher than the Wall Street consensus price target of $45, according to Bloomberg data. Roku sha..

DOJ sues AT&T to block acquisition of Time Warner

DOJ sues AT&T to block acquisition of Time Warner

The U.S. Department of Justice sued AT&T Inc. (NYSE: T) to block its acquisition of Time Warner Inc. (NYSE: TWX) saying that the $108 billion acquisition would lessen competition resulting in higher prices for millions of paying subscribers.Acco..

Big Investors Raise Stakes in Snap Inc.

Big Investors Raise Stakes in Snap Inc.

Firms such as Fidelity Investments and Coatue Management LLC have increased their stakes in Snap Inc. (NYSE: SNAP) third quarter following the company’s disappointing results. Fidelity’s companies held 11 million more Snap shares th..

Thomson Reuters beats Q3 earnings estimates but shares fall

Thomson Reuters beats Q3 earnings estimates but shares fall

Thomson Reuters Corp. (NYSE: TRI) reported its third quarter earnings and beat earnings estimates, but shares fell by over 5 percent during Wednesday's trading hours.For the third quarter, the company reported $2.79 billion in revenue, 2 percent..

Facebook shares open strong ahead of Q3 earnings

Facebook shares open strong ahead of Q3 earnings

Facebook Inc. (NASDAQ: FB) is expected to report its third quarter earnings for the 2017 fiscal year after market close on Wednesday. Shares opened strong on Wednesday morning and peaked at 1.3 percent.The social media tech giant is expected to..

Viacom Teams Up with Mobile Companies

Viacom Teams Up with Mobile Companies

Viacom Inc. (NASDAQ: VIAB) announced plans to work directly with mobile phone networks to make deals in trying to gain back younger U.S. viewers who have left expensive cable TV packages. Media companies and mobile networks depend on each other..

Twitter to Test 280 Characters Tweet

Twitter to Test 280 Characters Tweet

Twitter Inc (NYSE: TWTR) on Wednesday announced to expand the length of a tweet to 280 characters from 140 characters, a move that aims to attract more users.The social media company said in a blog post that the new feature will start with &ldq..