The Independent will assume all editorial and commercial control of BuzzFeed in the UK under a licensing deal for its various brands, according to the report, which cited people familiar with the talks. The financial terms were not immediately available, the FT reported. BuzzFeed and The Independent did not immediately respond to Reuters requests for comment.
Cisco Systems fell more than
4% premarket on Thursday after the networking equipment maker
reduced its annual revenue forecast and rolled out job cuts as
it battles sluggish demand from telcos and.
Britain's The Independent in talks to take control of BuzzFeed UK - source theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.
Roku on Thursday forecast first-quarter revenue above Wall Street estimates on optimism that increased cord-cutting and a broader shift to ad-based streaming will boost its business..
Roku reports bigger-than-expected quarterly loss on lower customer spending streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.