Tech titans curb hiring in a 'challenging macro environment'
From e-commerce colossus Amazon to social networking star Facebook, US tech firms that once grew with abandon have reined in hiring to endure tumultuous times.
May 15, 2022
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39
Business
News tagged with earnings report
Business
Uber hit with loss in quarter despite rider rebound
Uber shares skidded Wednesday after the company said it was hit with a big loss in the first three months of this year despite a rebound in its ride-share business.
May 04, 2022
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12
Business
United Airlines loses $1.4B in 1Q, but expects profit in 2Q
United Airlines reported Wednesday that it lost $1.38 billion in the first quarter of 2022 but said it expects to return to profitability in the current three-month period as post-pandemic travel ramps back up.
Apr 21, 2022
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21
Business
DoorDash takes aim at Europe with purchase of Wolt
DoorDash has added Europe to its menu with the purchase of Finland-based food delivery firm Wolt in an all-stock deal valued at $8.1 billion, the company announced Tuesday.
Nov 10, 2021
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15
Internet
Google strikes deal with CME as exchange moves to cloud
CME Group and Alphabet Inc.'s Google struck a deal to help the derivatives exchange operator with its technology needs and a plan to move all of its operations to the cloud.
Nov 04, 2021
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13
Automotive
Japan's Nissan returns to profit, forecasts profit for year
Nissan reported a 114.5 billion yen ($1 billion) profit for the April-June quarter as its sales and profitability improved, especially in the U.S. market.
Jul 28, 2021
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0
Business
Pandemic lifestyle delivers earnings boon for Amazon, Google
Pandemic-driven lifestyle changes that have put the internet at the center of seemingly everything proved a financial boon for Amazon and Google in the final three months of last year.
Feb 03, 2021
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5
Business
Tesla reports $721 mn in 2020 earnings, first profitable year
Tesla Motors reported its first annual profit Wednesday following a big jump in auto deliveries despite the upheaval of the coronavirus pandemic as it signaled confidence for more growth in 2021.
Jan 27, 2021
0
5
Business
Chipmaker Intel Corp. blames internal error on data leak
The computer chipmaker Intel Corp. on Friday blamed an internal error for a data leak that prompted it to release a quarterly earnings report early. It said its corporate network was not compromised.
Jan 23, 2021
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6
Business
GE reports smaller loss, shares rise
General Electric reported a smaller quarterly loss Wednesday on lower revenues and a continued slump in aviation, but said it would be cashflow positive in 2021 following cost-cutting moves.
Oct 28, 2020
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3
