Olympics

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U.S. Open - Round Two

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    • Olympics, smartphones push Twitter revenue up 30 percent in Brazil

      Olympics, smartphones push Twitter revenue up 30 percent in Brazil

      By Brad Haynes SAO PAULO (Reuters) - Twitter Inc has found a bright spot in Brazil, Latin America's largest economy, even as weak advertising sales across the globe have punished the social network's stock in recent weeks. Advertising revenue rose about 30 percent in Brazil last year, Twitter's top executive in the country told Reuters, defying a two-year slowdown in the local economy and more than doubling the company's 13 percent revenue growth globally. Twitter, which does not break down its revenue by country, gave no concrete sales numbers in Brazilian or U.S. currency. ... More »

      Reuters - 2 minutes 52 seconds ago
    • China's Ning kicked out of national squad

      China's Ning kicked out of national squad

      World champion Ning Zetao has been ditched from China's national swimming squad for violating several team rules including signing sponsorship contracts without the team's consent, the official Xinhua news agency reported late on Wednesday. Ning had been sent back to his Chinese Navy team for training, Xinhua said, citing the Chinese swimming authority. "Ning Zetao violated the rules of the national swimming team which has resulted in adverse effect on the team," said a statement from the Swimming Management Centre of the General Administration of Sport of China. More »

      Reuters - 2 hours 25 minutes ago
    • Swimming-China's Ning kicked out of national squad

      World champion Ning Zetao has been ditched from China's national swimming squad for violating several team rules including signing sponsorship contracts without the team's consent, the official Xinhua news agency reported late on Wednesday. Ning had been sent back to his Chinese Navy team for training, Xinhua said, citing the Chinese swimming authority. "Ning Zetao violated the rules of the national swimming team which has resulted in adverse effect on the team," said a statement from the Swimming Management Center of the General Administration of Sport of China. More »

      Reuters - 2 hours 40 minutes ago
    • New Zealand rejects Sky-Vodafone merger plan

      New Zealand rejects Sky-Vodafone merger plan

      New Zealand's competition watchdog rejected a multi-billion dollar merger between Vodafone NZ and pay-TV operator Sky on Thursday, saying the combined entity would have too much market power More »

      AFP - 3 hours ago
    • Los Angeles and Paris are now the only contenders to host 2024 Summer Olympics after Budapest decides to withdraw bid

      Los Angeles and Paris are now the only contenders to host 2024 Summer Olympics after Budapest decides to withdraw bid

      Budapest will withdraw its bid to host the 2024 Summer Olympics, leaving only Los Angeles and Paris in the race. Hungarian government spokesman Zoltan Kovacs confirmed the withdrawal to The Associated Press on Wednesday. The joint decision by Prime Minister Viktor Orban, Budapest Mayor Istvan Tarlos and the Hungarian Olympic Committee will be formally voted on by the Budapest City Assembly. More »

      Business Insider UK - 4 hours ago