FY2018
Latest
Twitter says abuse reports have fallen by 16 percent
Twitter's attempts to improve the "health" of its conversation are paying dividends, according to the company's latest financial figures. The company is reporting a 16 percent fall in the number of abuse reports year on year, and a commensurate surge in profitability. In the last three months, Twitter pulled in revenues of $909 million, coining a tidy $255 million net profit.
LG fails to turn a profit for the first time in two years
Both of South Korea's electronics giants have announced fourth quarter results that were less than ideal. Within hours of Samsung posting a double-digit reduction in quarterly profit, LG has revealed that it lost 80.7 billion Korean won ($72.5 million) in the last three months.
