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Twitter lifts profit, revenues but loses users in Q2

2018-07-27 13:43:00| Telecompaper Headlines

(Telecompaper) Following a strong start to the year, Twitter delivered another set of solid results for the second quarter, with revenues rising 24 percent from the year earlier to USD 711 million. Including the discontinued TellApart platform, revenues went up 27 percent. Advertising made up the bulk of revenue, jumping 23 percent to USD 601 million, with total ad engagements leaping 81 percent and cost per engagement falling 32 percent. Data licensing and other revenue meanwhile increased 29 percent to USD 109 million. By region, US revenue still trumped international, up 10 percent to USD 367 million. Revenue from the rest of the world, however, advanced faster, up 44 percent to USD 344 million. 

Tags: users profit revenues loses

 

US lifts ban on sales to ZTE after USD 1.4 bln in fines

2018-07-16 08:48:00| Telecompaper Headlines

(Telecompaper) ZTE has resumed operations after the US government lifted a ban on sales to the Chinese company. ZTE paid a USD 1 billion fine last month and deposited another USD 400 million in escrow, the Department of Commerce confirmed, in order to put an end to the order denying US companies to sell to the company. 

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US lifts order against China's ZTE

2018-07-13 19:52:47| BBC News | Business | UK Edition

The move follows a settlement reached last month after intervention by the US and Chinese leaders.

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US lifts ban on ZTE

2018-07-13 02:00:00| Total Telecom industry news

The US Department of Commerce has agreed to lift the ban precluding ZTE from doing business in the US. A deal was agreed to lift the banning order earlier this month…read more on TotalTele.com »

Tags: ban lifts zte lifts ban

 

Vitamin A and E issues may be closer to resolution; BASF lifts force majeure

2018-07-02 11:00:00| National Hog Farmer

A fire on Halloween at BASFs citral plant in Ludwigshafen, Germany, forced the company to declare force majeure for its citral and isoprenol-based aroma ingredients and its vitamin A and E products.

Tags: issues force resolution closer

 

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