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(Reuters) - Twitter Inc reported its slowest growth in quarterly revenue since going public in 2013 as the company faces intensifying competition from fast-growing competitors such as Snapchat and Instagram. The microblogging service said on Tuesday its user base increased to 313 million average monthly active users in the second quarter from 310 million in the first quarter. The company's net loss narrowed to $107.2 million, or 15 cents per share, in the second quarter ended June 30, from $136.7 million, or 21 cents per share, a year earlier. Revenue rose about 20 percent to $602 million. ... more...


By Jonathan Weber and Jeffrey Dastin SAN FRANCISCO (Reuters) - When senior Yahoo executives gathered at a San Jose hotel for a management retreat in the spring of 2006, there was no outward sign of a company in crisis. The tough days of the dot-com bust were a distant memory, and Yahoo Inc , flush with lucrative advertising deals from the world's biggest brands, was enjoying its run as one of the top dogs in the world's hottest industry. Then they were asked to write down their answer for Yahoo. more...


Verizon Communications Inc  disappointed Wall Street on Tuesday by reporting a smaller-than-expected subscriber gain for its main wireless business, while its CEO gave few details about plans to increase revenue from its planned purchase of Yahoo Inc's internet assets. Shares of the No. 1 U.S. wireless company, which had risen about 21 percent this year, fell 2 percent shortly after midday. Verizon is focused on combining the media and advertising technology assets of Yahoo and AOL, which it acquired last year, Chief Financial Officer Fran Shammo said in an interview. more...


The White House issued new instructions on Tuesday on how government agencies should respond to major cyber security attacks, attempting to combat perceptions the Obama administration has been sluggish in addressing threats from sophisticated hacking adversaries. The announcement was made amid suspicion in the U.S. government that hackers working for Russia may have engineered the leak of emails stolen from the Democratic National Committee in an attempt to influence the Nov. 8 presidential election. The directive, which was years in the making and includes a five-point scale to grade the severity of an incident, provides the first public guidance on the specific roles of federal agencies in coordinating efforts to investigate and respond to cyber security breaches in government and the private sector. more...


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