Wednesday, October 31, 2018

Facebook says it plans to invest significantly in new products like Watch and Marketplace and to improve cybersecurity in 2019, with expenses to grow 40%-50% (CNBC)

CNBC:
Facebook says it plans to invest significantly in new products like Watch and Marketplace and to improve cybersecurity in 2019, with expenses to grow 40%-50%  —  - While the company had a strong beat on earnings, it failed to reach analysts' estimates on revenue, daily active users and monthly active users.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...