Business

Snap Loses $6B in Market Value Despite CEO Spiegel's Confidence in Future

Snap Loses $6B in Market Value Despite CEO Spiegel's Confidence in Future

Its user numbers also came in light. The company's shares fell almost 25% to $17.39 in the wake of the first quarterly earnings report since Snap's highly-publicized initial public offering in March, according to Reuters . Of course, Facebook presumably won't be far behind in copying that, either. Snapchat has seen increased competition in the past 12 months, with Facebook and Instagram both adding "Stories" - a feature nearly identical to Snapchat's own of the same name.



Unprecedented global 'ransomware' attack seeks cash for data

Also badly hit was Britain's National Health Service, which declared a "major incident" after the attack, which forced some hospitals to divert ambulances and scrap operations. Those affected see a message on their computer screens demanding payment in the digital currency bitcoin to restore access. It could have been much worse if not for a young cybersecurity researcher who helped to halt its spread by accidentally activating a so-called "kill switch" in the malicious software.



China's first big passenger plane takes off for maiden flight

It was originally due to fly in 2014 before being delivered to buyers in 2016, but has been beset by delays blamed on manufacturing problems. Built by state-owned aircraft corporation Comac, the C919 is created to seat 155-175 with a range of 2,530 miles.



Interserve plc 1.6% Potential Decrease Indicated by Liberum Capital

Therefore 7% are positive. Other analysts also recently issued reports about the stock. The company was maintained on Wednesday, December 21 by Stifel Nicolaus. It has outperformed by 8.82% the S&P500. Among 29 analysts covering Diageo PLC ( LON:DGE ), 17 have Buy rating, 4 Sell and 8 Hold. Therefore 57% are positive.


Fight erupts on Southwest flight from Dallas to Burbank

Fight erupts on Southwest flight from Dallas to Burbank

Flight 2530 from Dallas was in Burbank for a short layover when a passenger recorded a video of one man repeatedly punching another several times before passengers and employees were able to pull him away. "What is wrong with you?" a female passenger asked the combatants as passengers rushed to get out of the way of the fracas. On a United Airlines flight a Kansas woman said she pulled down her trousers and urinated in a cup because nature called, just before the flight landed and she ...



Hospitals Throughout UK Hit By Ransomware — NHS England Cyberattack

It gave no further details. A major cyberattack has infected computers in almost 100 countries, disrupting Britain's health system (45 public health organizations) and global shipper FedEx. Cyberint, subordinated to the Romanian Intelligence Service, said Friday it thwarted a cyberattack to a government institution, without saying when it occurred, following notification from North Atlantic Treaty Organisation and the Romanian foreign intelligence agency.