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 »