Profits dip at India's Infosys
India's second-largest IT outsourcing firm Infosys on Friday reported a 2.2-percent dip in quarterly net profits, hit by slowing demand for its software services in Western markets.
Oct 11, 2019
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News tagged with revenue growth
Business
E-commerce giant JD.com posts slowest quarterly revenue growth
Chinese e-commerce giant JD.com reported its slowest revenue growth so far in the second quarter, the company said Tuesday, the latest in a series of gloomy numbers as China's economic growth slows.
Aug 23, 2022
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Business
Amazon begins mass layoffs among its corporate workforce
Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.
Nov 16, 2022
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Business
Twitter swings to loss as pandemic hits advertising
Twitter swung to a loss in the past quarter as the global pandemic hit advertising revenue, even as the social platform saw a surge in new users.
Apr 30, 2020
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Business
Google's parent reports slowest quarterly growth in 2 years
Google's revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid intensifying fears of an economic recession.
Jul 26, 2022
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Business
Spotify to cut some 600 staff as tech woes spread
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees in the latest cost-cutting announcement among technology companies.
Jan 23, 2023
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Business
Snap shares dive on bad quarterly results
Shares in Snapchat's parent company plunged more than 14 percent on Tuesday after it reported a loss in the final three months of last year on seemingly stalled revenue.
Feb 1, 2023
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Business
Snap shares plummet after disappointing results
Shares in social media company Snap, which runs the youth-focused Snapchat, plummeted on Tuesday after the company posted disappointing earnings.
Feb 7, 2024
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