Uber Limits Loss to $708 Million in First Quarter

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Spread the loveTweet Photo Uber said it was still sitting on $7.2 billion in cash, roughly the same amount it held at the end of 2016. Credit Eric Risberg/Associated Press…


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Walmart, With Amazon in Its Cross Hairs, Posts E-Commerce Gains

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Spread the loveTweet Walmart’s latest strategy, put in place by its current chief executive, Doug McMillon, has several parts: expand the number of products available online, better leverage its huge…


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Bits: Daily Report: Snapping Back to Reality

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Spread the loveTweet Photo Snapchat’s founders, Bobby Murphy, left, and Evan Spiegel, at the New York Stock Exchange in March for Snap Inc.’s first day of trading. Credit Justin Lane/European…


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Snap’s $2.2 Billion Loss Caps Bumpy First Months as a Public Company

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Spread the loveTweet Snap’s weak results so soon after its I.P.O. appeared to shock many — even though it had warned investors that owning Snap stock would not be an…


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Bits: Daily Report: Snap’s Bright Spot

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Spread the loveTweet Photo A production team shooting a video for the Snapchat Discover channel of Tastemade, a digital food and lifestyle publication. The company said it got over a…


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Customers Waiting on New iPhones Crimp Apple’s Profits

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Spread the loveTweet “People are waiting to see what’s going on with the new iPhone,” said Ben Schachter, an analyst at Macquarie Securities. “Apple needs to make sure the next…


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Bits: Daily Report: A Busy Week Ahead

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Spread the loveTweet Photo Customers at the Apple store in Lower Manhattan. The company is expected on Tuesday to report a slight increase in iPhone sales and overall revenue for…


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Bits: Daily Report: Cloud Computing Asserts Itself

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Spread the loveTweetPhoto The Amazon headquarters in Seattle. Amazon Web Services is the leader in cloud computing services, but Microsoft and Alphabet are investing heavily to close the gap. Credit…


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Cloud Produces Sunny Earnings at Amazon, Microsoft and Alphabet

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Spread the loveTweetThe worry, however, is that this cannot last forever, not with Microsoft and Google making big investments in their own cloud businesses while trying to undercut Amazon with…


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Twitter’s Business Shrinks, but Investors See a Glimmer of Hope

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Spread the loveTweetPhoto Twitter headquarters in San Francisco. The company added nine million users in the first quarter. Credit Justin Sullivan/Getty Images More than a year into Twitter’s efforts to…


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