Orange to Buy Remaining Half of MasOrange for €4.2 Billion
Orange agreed to buy the remaining 50% of the Spanish joint venture MasOrange, which it doesn’t own.
Facebook's strong mobile advertising business helped the social network beat expectations on both the top and the bottom line in the second quarter of 2017. Revenue climbed 45 percent to $9.32 billion as the company’s profit jumped 71 percent to $3.89 billion.
When Facebook started selling mobile advertising space in 2012, not even the keenest optimists could have predicted how successful this decision would turn out to be. Mobile advertising has accounted for more than 90 percent of Facebook’s revenue growth ever since and currently drives 86 percent of the company's total revenue.
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IBM to Lay Off Thousands of Employees in Q4
IBM announced it plans to cut thousands of jobs in the current quarter.
Nokia to Delist from Euronext
Nokia applied to delist from the pan-European stock market Euronext in Paris.
