Roku shares soared after the company known for its streaming video devices reported impressive growth in the number of its active users and streaming hours. The company’s shares were up 25% at the market’s close on Monday to $42.18, highlighting Wall Street’s enthusiasm with Roku reporting a 40% year-over-year jump in active accounts to 27…
Samsung said that it would add an app to its smart televisions in the coming months to let owners watch content bought on Apple’s iTunes service, a possible first sign Apple is looking to distribute its forthcoming television service on devices made by others. The deal is part of an ongoing strategy shift for Apple,…
Christmas has come early for MTN Group. The telecommunications operator’s shares are likely to soar when markets reopen on Thursday in Johannesburg after it announced late on Monday that it has settled a multibillion-dollar dispute in Nigeria. It will pay just US$53.2-million (about R777-million) in a settlement with Nigeria’s central bank, a tiny fraction of the…
