Author: Lenora Porter

ZTE’s Operations Shutdown Stymies Major Phone Customers

Customers of ZTE Corp. ZTCOY -15.37% are reassessing their ties with the hobbled Chinese telecommunications firm, concerned that supplies of phones and networking gear will fall short after assembly lines were shut down. Telstra Corp. TLSYY -1.65% , Australia’s biggest telecom carrier,…Read More »

Netflix Subscriber Growth Tops Expectations

Netflix Inc. reported another quarter of blockbuster subscriber growth that exceeded its own forecast and expectations from Wall Street, illustrating the ongoing demand for a service that now reaches 125 million people globally. Shares jumped 4.9% to $322.85 in after-hours trading, following…Read More »

Zuckerberg apologizes in Congress, Facebook shares rise

As Facebook chief executive Mark Zuckerberg fended off questions from U.S. senators about privacy, alleged interference in elections and hate speech, his company’s shares rose to their highest in almost three weeks. Aleksandra Michalska reports. ▶ View Transcript Source Article