Palo Alto Networks shares plunge after company cuts billings, revenue guidance

Nikesh Arora, Palo Alto NetworksAdam Galica | CNBCShares of cybersecurity company Palo Alto Networks plunged 13% in extended trading Tuesday, after the company reported a beat on the top and bottom lines but lowered its full-year guidance for revenue and billings.Here's how the company did compared to LSEG, formerly...

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FuboTV sues Disney, Fox, Warner Bros. over sports joint venture

Rafael Henrique | Lightrocket | Getty ImagesSports streaming platform FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced joint venture, citing what the company calls "extreme suppression of competition in the U.S. sports-focused streaming market," according to a copy of the lawsuit obtained by CNBC....

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