The shares of Snap Inc. the parent company of photo-sharing platform Snapchat fell as much as 25 per cent after the social media company reported disappointing second-quarter results.

Snapchat's share tumble 25 per cent after dismal Q2 earning reports

Yahoo announced a $482 million write-down on the value of Tumblr, the social media service that it acquired in 2013 for $1.1 billion

Yahoo reports lacklustre results as sale looms

earning-report

Earning Report, News on Earning Report, stories on Earning Report, articles on Earning Report, Earning Report stories at Wion, Earning Report news, Earning Report latest news