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Bandwidth reports a near M loss but tops Street expectations

Bandwidth reports a near $4M loss but tops Street expectations

RALEIGH — Bandwidth (BAND) on Wednesday reported a loss of $3.9 million in its second quarter – but revenue topped Wall Street expectations. “I am pleased with our business performance and financial results in the second quarter of 2023 demonstrating solid execution and a focus on serving our customers through a challenging economic environment,” said

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Bad day on Street: CommScope, Chimerix, Biocryst all report losses

Bad day on Street: CommScope, Chimerix, Biocryst all report losses

RESEARCH TRIANGLE PARK – Earnings news out early Thursday before the markets opened was not good news for CommScope, Chimerix and Biocryst. Here are the details. CommScope reports $100M loss HICKORY — CommScope Holding Co. (COMM) on Thursday reported a loss of $100.4 million in its second quarter. The Hickory, North Carolina-based company said it

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Triangle based Extreme Networks beats Street – stock surges 5%

Triangle based Extreme Networks beats Street – stock surges 5%

MORRISVILLE – Extreme Networks, which put into play key parts of its wireless services such as advanced Wi-Fi at Major League Baseball’s All-Star Game in Seattle, delivered its own financial all-star performance. The company (Nasdaq: EXTR), which moved its headquarters to the Triangle two years ago, reported early Wednesday earnings on 33 cents per share,

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X (formerly Twitter) updates its Apple App Store app

X (formerly Twitter) updates its Apple App Store app

By Tim Hardwick, MacRumors  X, the social media platform formerly known as Twitter, has updated its official app on Apple’s App Store to conform with the new branding that was announced last weekend by billionaire owner Elon Musk. Instead of “Let’s talk” – Twitter’s original tagline – “Blaze your glory!” is the curious subtitle on X’s iOS App Store

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X (formerly Twitter) threatens to sue researchers over findings about increase in hate speech

X (formerly Twitter) threatens to sue researchers over findings about increase in hate speech

WASHINGTON — X, the social media platform formerly known as Twitter, has threatened to sue a group of independent researchers whose research documented an increase in hate speech on the site since it was purchased last year by Elon Musk. An attorney representing the social media site wrote to the Center for Countering Digital Hate

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Worried about Bluetooth trackers? Google launches new Android alert tool

Worried about Bluetooth trackers? Google launches new Android alert tool

By Juli Clover, MacRumors Back in May, Google announced plans to introduce a new safety feature that would alert Android users about nearby unknown Bluetooth trackers, including AirTags, preventing people from being stalked with tracking accessories. The tracking alert functionality began rolling out starting Thursday. Android smartphones will provide automatic alerts if an unknown Bluetooth tracker is separated

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Charlotte fiber provider plans expansion in Wake, Halifax, Nash, Person counties

Charlotte fiber provider plans expansion in Wake, Halifax, Nash, Person counties

CHARLOTTE – More fiber-optic network connectivity is coming to Halifax, Nash, Person and Wake counties, says Charlotte-based communications company Brightspeed. A key factor: $12.1 million in funding through North Carolina’s Growing Rural Economies with Access to Technology (GREAT) Grant Program. Brightspeed says its expansion will reach nearly 4,900 households and businesses. Funding from the state

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