Snap restarts user growth with original shows, Android overhaul

Snap Inc's original shows and rebuilt Android app helped it add Snapchat users for the first time in three quarters and beat analyst revenue expectations, but that was not enough to push its shares higher after a sharp run up this year.

EBay's strong quarter, robust forecast send shares 5% higher

EBay Inc beat analysts' quarterly revenue estimates and forecast second-quarter sales largely above expectations on Tuesday, as the company's multi-year effort to make its ecommerce platforms more user friendly attracts more customers.

Softbank Group in talks to buy 5% stake in Wirecard: Bloomberg

Japan's SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter.

Trump met with Twitter chief executive on Tuesday: White House

U.S. President Donald Trump met with Twitter Inc's Chief Executive Jack Dorsey on Tuesday, the White House confirmed, hours after Trump again attacked the social media company.

Texas Instruments revenue, profit beat estimates; shares rise

Chipmaker Texas Instruments reported better-than-expected first-quarter profit and revenue on Tuesday, offering hope that a slowdown in demand for microchips late last year may not be as long-lasting as feared.

Google completes subsea cable to Chile in global cloud push

Alphabet Inc's Google has completed a 10,000-kilometer (6,214-mile) subsea cable linking the coast of California to Chile, a key step in its plans to bolster its global cloud computing infrastructure.

EBay beats quarterly revenue estimates

EBay Inc beat Wall Street estimates for quarterly revenue on Tuesday, as the company's multi-year effort to make its ecommerce platforms more user friendly attracted more customers.

Brazil's Magazine Luiza sells books online in new challenge to Amazon.com

Brazilian retailer Magazine Luiza on Tuesday announced it would start selling physical books online for pickup in its chain comprised of almost 1,000 stores, using its national footprint to compete with traditional booksellers and Amazon.com Inc.

FAA paves way for Alphabet unit to make first U.S. drone deliveries

Alphabet Inc's Wing Aviation unit on Tuesday got the okay to start delivering goods by drone in Virginia later this year, making the sister unit of search engine Google the first company to get U.S. air carrier certification, the Federal Aviation Administration said.

China's Tencent backs Argentina mobile banking startup Uala

Chinese tech giant Tencent Holdings Ltd has invested in Argentine mobile banking service Uala, which also counts George Soros and Point72 Ventures LLC among its investors, the start-up's founder said.

Twitter shares jump, ascribes growth to fight against abuse

Shares in Twitter Inc jumped 13 percent on Tuesday after the social media company reported quarterly revenue above analyst estimates, which executives said was the result of weeding out spam and abusive posts and targeting ads better.

Lyft's IPO banks give troubled stock a flurry of 'buy' ratings

Lyft Inc received some badly needed support on Tuesday, as analysts at banks that had worked on its initial public offering urged clients to buy the ride-hailing company's beleaguered shares.

Chinese tech giant Tencent invests in Argentine mobile banking startup

Chinese tech giant Tencent Holdings Ltd has invested in Argentine mobile banking service Uala, which also counts George Soros and Point72 Ventures LLC among its investors, the start-up's founder said.

Twitter shares jump after results, Trump renews attack

Twitter Inc posted better-than-expected quarterly revenue and a surprise increase in monthly users on Tuesday, sending shares up 13 percent to a nine-month high as its campaign to clean up fake and abusive accounts continued to attract advertisers.

Verizon raises profit forecast, loses more phone subscribers

Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the U.S. wireless carrier lost more phone subscribers than analysts had expected.

Analysts at Lyft underwriters say buy falling stock

Wall Street's public opinion of Lyft Inc took a major turn for the positive on Tuesday, after analysts at many of the banks that worked on its initial public offering urged clients to buy the ride hailer's underperforming shares.

Waymo picks Detroit factory for self-driving fleet, to be operational by mid-2019

Alphabet Inc's Waymo said on Tuesday it had chosen a factory in Detroit to mass produce self-driving cars, looking to the historical heart of the auto industry to build the vehicles of the future.

Twitter gains more users, Trump renews attack on social media

Twitter Inc on Tuesday posted better-than-expected quarterly revenue and a surprise increase in monthly active users, showing its efforts to police spam accounts and abusive posts were helping lure more users and advertising dollars.

Verizon raises full-year profit forecast, misses subscriber estimates

Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the largest U.S. wireless carrier lost more phone subscribers than expected.

Trump criticizes Twitter in tweet, urges 'fairer' social media

U.S. President Donald Trump on Tuesday called for the creation of "more, and fairer" social media companies in response to discrimination he said he has faced as a Republican from Twitter Inc.