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Fitbit aims to hook consumers with news feed, partnerships

  Bloomberg After a tough 2016, Fitbit Inc. has a plan to keep users hooked to its devices for the new year. Taking cues from the addictive nature of Facebook and other networks where people connect with friends, Fitbit is rolling out new social features on its app, including a news feed where users can share exercise summaries, read health-related ...

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FB adds advertising to Instagram Stories

  Reuters Facebook Inc’s Instagram is bringing more than 30 advertisers into one of its fastest-growing features, Instagram Stories, in a bid to boost advertising revenue, the company said. The social media company will become a more important player in maintaining Facebook’s growth in advertising revenue in 2017. During the last two earnings calls, Facebook executives said they may soon ...

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Saudi oil cut exceeds target

  Bloomberg Saudi Arabia will consider renewing its pledge to cut crude output in six months and has already reduced production by more than its targeted level, Energy Minister Khalid Al-Falih said. The world’s biggest oil exporter agreed to cut 486,000 barrels a day from Jan. 1 for six months as part of a global deal to reduce output to ...

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