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Investors still skeptical on Snap user growth

  Bloomberg Snap Inc. so far hasn’t been able to tamp down investor concern about user growth. When asked about a slowdown in new users on its Snapchat photo-sharing mobile app in the fourth quarter, the company blamed a product issue with its Android version, according to investors who attended the company’s initial public offering roadshow presentation in New York. ...

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Can internet-beaming balloons outmaneuver shifting winds?

  MOUNTAIN VIEW / AP For its next trick, an internet-beaming balloon factory spun out of Google believes it can outmaneuver the wind. In doing so, the 4-year-old “Project Loon” says it will be able to bring remote parts of the world online more quickly with a smaller fleet of the balloons than it previously thought. Engineers involved in the ...

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DP World wins Djibouti dispute case

  DUBAI / WAM A tribunal of distinguished arbitrators, acting under the rules of the London Court of International Arbitration, has exonerated DP World from all charges of misconduct in connection with the award of a 50-year concession to operate the Doraleh Container Terminal (DCT) in Djibouti. The international tribunal was composed of distinguished arbitrators Lord Leonard Hoffmann, Sir Richard ...

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