Twilio shares soar on first day of trading but with 17% of revenue coming from Whatsapp some are questioning the model.
The CEO of T-Mobile, John Legere, stopped by Cheddar’s New York Stock Exchange set after his company reported better-than-expected Q1 earnings on Tuesday. “A lot of what allows us to blow away expectations is that the other guys don’t get it,” said Legere in a live interview on CheddarTV. “What’s...
Zillow (ZG) is downplaying one part of its business: Display ads. “Display advertising is very, very difficult because there’s a glut of ad inventory on the internet,” said Zillow chief’s Spencer Rascoff. The company’s strategy, therefore, is to move display ad revenue into its marketplaces. Disp...
The top news segment includes stories such as Uber receiving $3.5 billion in funding from a Saudi Arabian group, Salesforce to buy Demandware for $2.8 billion, and Michael Kors’ surprising earnings beat.
