Twitter Inc interim CEO Jack Dorsey’s criticism of the company’s efforts to woo new users may just be the first step to address its long-standing problems. To generate long-term earnings growth and satisfy investors, Twitter needs to broaden its portfolio and create an ecosystem of products similar to that of Google Inc and Facebook Inc . At least 15 brokerages cut their price target on Twitter to as low as
By Joseph Menn SAN FRANCISCO (Reuters) – Russian government-backed hackers who penetrated high-profile U.S. government and defense industry computers this year used a method combining Twitter with data hidden in seemingly benign photographs, according to experts studying the campaign. In a public report Wednesday, researchers at security company FireEye Inc said the group used the unusual tandem as a means of communicating with previously infected computers. FireEye has briefed law
The Fed doesn’t have a strictly defined deadline for lifting interest rates from zero, but its preseason plan was to get there by the end of this year and September is now the focus.
The only thing more difficult for Republicans than a Donald Trump in the race may be a Trump who’s no longer in the race.
The number of signed contracts to buy homes fell in June, as limited supplies of homes on the market are holding back possible sales growth. The National Association of Realtors said Wednesday that its …
American consumers are still unwilling to really spend money and that’s the main reason the U.S. economy has not recovered faster, influential economist Stephen Roach tells CNBC.
Greek Prime Minister Alexis Tsipras said on Wednesday that his government would not implement reform measures beyond what was agreed with lenders at a euro zone summit earlier this month. “I know well the framework of the deal we signed at the euro zone summit on July 12,” Tsipras told Sto Kokkino radio. Tsipras also said the country would report a primary budget balance that breaks even or registers a
Shares of MasterCard, which operates the world’s second largest payment network, fell about 3 percent in premarket trading on Wednesday. MasterCard charges companies using its payment network for transactions on cards that carry its brands. The company usually pays higher incentives to its partners than larger rival Visa Inc (V.N).
Windows 10, which comes almost three years after the launch of the company’s last operating system, will be available in 190 countries as a free upgrade for users of Windows 7, Windows 8.1 and Windows Phone 8.1. The new operating system is designed to work across laptops, desktop and smartphones and is part of Chief Executive Satya Nadella’s push toward breaking Apple Inc (AAPL.O) and Google Inc’s (GOOGL.O) stranglehold in
The Federal Reserve is moving toward raising interest rates from record lows — just not likely yet. On Wednesday, when it ends its latest policy meeting, Fed officials will issue a statement that will …
