Match to Buy Korean Video Technology Firm for $1.73 Billion

Match to Buy Korean Video Technology Firm for $1.73 Billion

Hyperconnect’s apps Azar and Hakuna offer translation, gifting · Socializing, dating has moved online amid Covid-19 pandemic …
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Australia's Commonwealth Bank Profit Falls 11% on Bad Loans, Low Rates

Commonwealth Bank of Australia, the nation’s largest lender, increased its dividend payout even as profit declined, in welcome news for retail shareholders who saw their income slashed during the pandemic. Cash profit from continuing operations fell 11% to …
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Consol's CEO says it's not about how much coal it mines. It's about the margins.

Coal in Northern Appalachia isn’t coming back to pre-COVID levels, Consol Energy Inc.’s CEO Jimmy Brock told analysts on Tuesday. But he wasn’t particularly mournful. It’s not about volumes, he said. It’s about margins. Advertisement. The Cecil-based coal …
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Twitter racks up its second $1 billion quarter

Monetizable daily active users, a key indicator of Twitter’s reach and its appeal to advertisers, improved 27% on a year-over-year basis to 192 million — but shy of analysts’ expectations. Twitter Inc. announced fiscal fourth-quarter earnings on Tuesday.
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Lyft Sticks to Year-End Profitability Goal, Projects Rides Recovery in Second Quarter

(Reuters) – Lyft Inc said on Tuesday it stood by its goal to become profitable on an adjusted basis by the end of this year despite the pandemic, forecasting a rebound in ride-hail demand beginning in the second quarter of 2021. Lyft expects COVID-19 vaccine …
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