Netflix sees new signups doubling amid virus

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Source: Dukascopy Bank SA
Netflix Inc has doubled its own forecasts for new user signups in year's first half, increased amid the global lockdown caused by the coronavirus pandemic, but sees a weaker second half after stay-at-home orders are lifted.
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Wed, 22 Apr 2020 08:15:27 GMT

Snap shares soar 20% on growing demand

Snap Inc topped Wall Street's estimates for its quarterly revenue, marking growing number of its Snapchat app users due to global lockdowns that make more people stay home and seek entertainment.

Wed, 22 Apr 2020 06:39:04 GMT

Facebook too spend $5.7B for Reliance unit's business

Facebook is planning to invest $5.7B in Reliance Industries's digital business, with the social media giant seeking to leverage its WhatsApp messenger and offer its digital payment services to some Indian small grocers.

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