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$TWTR said Magic Pony's technology will be used to enhance its strength in live and video and opens up a whole lot of exciting creative possibilities for Twitter. Magic Pony's interdisciplinary team includes 11 PhDs and alumni with expertise across computer vision, machine learning, high-performance computing, and computational neuroscience.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.