Mobile

CEO of Shots 'Not Focused on Selling'

Regarding Twitter acquisition rumors, Shots CEO John Shahidi tells FOX Business, “we are focused on building out the product and not focused on selling it.” The Justin Bieber-backed startup is especially popular with teens.

Twitter Beats Estimates; Revenue Up 124%

The microblogging service surged past Wall Street’s 2Q estimates as it logged a two-cent EPS gain while analysts were looking for a one-cent loss. Shares jumped more than 30% in after-hours action. Twitter Posts 2Q Beat | Better Buy: Twitter vs. Facebook

Uber Now Costs Less Than a Taxi in NYC

If you’re looking to get around town in New York City, Uber is now less expensive than a yellow cab. The car service app has lowered its prices by 20% to compete with taxis.