Comcast beats profit estimates on internet subscriber additions Media and communications company Comcast Corp (CMCSA.O) beat Wall Street estimates for third-quarter profit on Thursday, as it added more high-speed internet customers, even as it lost video users. The company gained 379,000 high-speed internet subscribers, beating analysts’ average estimate of 344,000Continue Reading

Twitter revenue hit by weaker advertising, low demand; shares plunge Twitter Inc posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems including product bugs and unusually low demand over the summer, sending its shares down about 15%. Shares of the micro-blogging platform droppedContinue Reading

Facebook faces legal fight over facial recognition Image copyrightREUTERSImage captionFacebook should have done more to tell people it was collecting facial data, say Illinois users A US court has thrown out an attempt by Facebook to stop legal action over the way it collected images of people’s faces. The caseContinue Reading