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BlackBerry Falls Most in Year as Earnings Report Disappoints

After BlackBerry’s $1.4 billion acquisition of cybersecurity firm Cylance, which closed in February, some analysts were expecting to see stronger revenue contributions in the first full quarter in which the purchase is on the books. Revenue from Cylance was $32 million in the three months ended May 31. “People were hoping Cylance would beat expectations more than it did,” Coupland said in an interview. There are also concerns about Crowdstrike Holdings Inc., a competitor in cybersecurity, which

BlackBerry Falls Most in Year as Earnings Report Disappoints

(Bloomberg) -- BlackBerry Ltd. shares fell the most in a year after reporting sales from its software and services unit slowed and a recent acquisition contributed less of a boost than some analysts expected.Revenue in the fiscal first quarter was $247 million, the Waterloo, Ontario-based company said Wednesday, up 16% from a year earlier. BlackBerry reorganized its reporting units, combining the business technology solutions group with the enterprise software and services unit. Now grouped unde

Facebook, Instagram experiencing connectivity problems

Facebook said its applications, including the main social media service and Instagram photo-sharing app, were experiencing connectivity issues on Wednesday morning.

"We're aware that some people and businesses are currently having trouble uploading or sending images, videos and other files on our apps. We're working to get things back to normal as quickly as possible," a Facebook representative said in a statement. The company didn't elaborate on the reason.

Facebook, Instagram, WhatsApp having connectivity issues for some users - The Boston Globe

Facebook Inc. said its applications, including the main social media service and Instagram photo-sharing app, were experiencing connectivity issues on Wednesday morning.

“We’re aware that some people and businesses are currently having trouble uploading or sending images, videos and other files on our apps. We’re working to get things back to normal as quickly as possible,” a Facebook representative said in a statement. The company didn’t elaborate on the reason.

Tracking website Downdetector.

Facebook, Instagram experiencing connectivity problems

Facebook said its applications, including the main social media service and Instagram photo-sharing app, were experiencing connectivity issues on Wednesday morning.

"We're aware that some people and businesses are currently having trouble uploading or sending images, videos and other files on our apps. We're working to get things back to normal as quickly as possible," a Facebook representative said in a statement. The company didn't elaborate on the reason.

Tracking website Downdetector.com s

Facebook, Instagram Users Experiencing Connectivity Issues

(Bloomberg) -- Facebook Inc.’s applications, including the main social-media service and Instagram photo-sharing app, were experiencing connectivity issues on Wednesday.“During one of our routine maintenance operations, we triggered an issue that is making it difficult for some people to upload or send photos and videos," a Facebook representative said in a statement. "We’re working to get things back to normal as quickly as possible and we apologize for any inconvenience.”Tracking website Downd

Google Cloud Deal Sends Canada’s Open Text to Record High

(Bloomberg) -- Open Text Corp. rose to a record high Tuesday after the software company said it had expanded a partnership with Google’s cloud division, including integrating its own products with Google’s G Suite brand applications.Open Text was up 2.5% to C$56.11 at 1:24 p.m. in Toronto, its biggest intraday gain since May 8. The Waterloo, Ontario-based company provides enterprise content management software to help its customers manage documents and workflows, among other tasks. Its stock has

Shopify nips at Amazon with hassle-free shipping for small firms

Same-day shipping is becoming the norm for online shoppers but for smaller merchants it can be a logistical nightmare. That’s where Shopify can step in, says Ric Kostick, chief executive officer of 100% PURE.

The natural skin-care company ships up to 5,000 orders a day from its own warehouse in San Jose, California. That works fine for customers on the West Coast but it can take up to a week to get its bamboo blur powder and coconut shower gel to the rest of the U.S. The company contemplated setting up an East Coast warehouse but the prospect was technically daunting.

Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms

“The hardest thing is programming the technology to route the packages the right way and route the orders based on what a customer orders and what inventory is available at each site. Shopify has built the technology to calculate this,” says Kostick, who co-founded 100% PURE in 2004. “This is something I’ve wanted for years.”

When Shopify said last month that it was moving into the fulfillment business -- essentially charging online merchants to store and ship their products -- the shares spike

Rogers' wireless subscriber growth slows amid price war among Canadian telcos

Rogers Communications Inc. added fewer net wireless subscribers in its fiscal second quarter amid a price war among Canadian telcos.

The Toronto-based company’s postpaid net subscriber additions, a key metric for telecom companies, were 77,000, short of analysts’ estimate of 99,250. Revenue was $3.78 billion, also missing estimates of $3.86 billion. Revenue at the wireless division, Rogers’ largest, rose 1 per cent to $2.24 billion.

The telecoms and media company has been struggling to get mor

Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms

(Bloomberg) -- Same-day shipping is becoming the norm for online shoppers but for smaller merchants it can be a logistical nightmare. That’s where Shopify Inc. can step in, says Ric Kostick, chief executive officer of 100% PURE.The natural skincare company ships up to 5,000 orders a day from its own warehouse in San Jose, California. That works fine for customers on the West Coast but it can take up to a week to get its bamboo blur

Shopify nips at Amazon with hassle-free shipping for small merchants

Same-day shipping is becoming the norm for online shoppers but for smaller merchants it can be a logistical nightmare. That’s where Shopify Inc. can step in, says Ric Kostick, chief executive officer of 100% PURE. The natural skincare company ships up to 5,000 orders a day from its own warehouse in San Jose, California. That works fine for customers on the West Coast but it can take up to a week to get its bamboo blur powder and coconut shower gel to the rest of the U.S. The company contemplated

Trump’s ‘Crazy’ Drug Import Plan Stirs Backlash in Canada

“$240 in Michigan for this vial, $24 in Canada,” Sanders had said on Sunday, as he held up a small glass bottle of insulin at the Olde Walkerville Pharmacy in Windsor, which lies across the river from Detroit. “The American people are going to have to be thinking long and hard about the greed of the pharmaceutical industry and the corruption and price-fixing which is going on in the United States.”

Shopify Boosts Outlook on New Online Offerings

(Bloomberg) -- Shopify Inc. shares notched another record after the Canadian e-commerce company reported second-quarter sales that beat analysts’ average estimate and gave a more optimistic full-year outlook.

Revenue grew 48% to $362 million, according to a company statement Thursday. Analysts were projecting $350.5 million. Shopify raised its 2019 revenue guidance to a range of $1.51 billion to $1.53 billion but kept its outlook for adjusted operating income of $20 million to $30 million uncha

Shopify Boosts Outlook on New Online Offerings

Shopify, Canada’s biggest technology company by market value, has been a darling among investors who have rewarded the company’s fast-growing sales and recent innovations in online checkout products. The stock has more than doubled this year, outpacing the S&P 500 and the S&P/TSX Composite Index and has been trading recently near record levels. But the rally has also made it a target for shortsellers, who have shorted nearly 5% of the stock.
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