Phoenix rises with driverless Waymo signups
Waymo's autonomous cars have started picking up passengers in Phoenix, Arizona. Let's focus on autonomous: Nobody is at the wheel. Riders-only.
Oct 30, 2019 weblog
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Hi Tech & Innovation
Waymo's autonomous cars have started picking up passengers in Phoenix, Arizona. Let's focus on autonomous: Nobody is at the wheel. Riders-only.
Oct 30, 2019 weblog
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57
Computer Sciences
In 1933, William R. Thompson published an article on a Bayesian model-based algorithm that would ultimately become known as Thompson sampling. This heuristic was largely ignored by the academic community until recently, when ...
Mar 16, 2018
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90
Internet
How long has it been since you logged onto a Web site and you were prompted to decide whether to opt out of "cookies" that the site told you will enhance your online experience? Minutes? Hours?
Jan 17, 2020
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Energy & Green Tech
Researchers at the University of Waterloo have integrated the use of blockchain into energy systems, a development that could result in expanded charging infrastructure for electric vehicles.
Aug 14, 2019
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Business
The coronavirus crisis has weighed heavily on print newspapers already battling for survival around the world, with the number of copies sold tumbling while less profitable digital readerships surge.
Aug 07, 2020
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Security
Hackers broke into systems used by top US Treasury officials during a massive cyberattack on government agencies and may have stolen essential encryption keys, a senior lawmaker said Monday.
Dec 22, 2020
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Internet
A leading publisher called Thursday for Google and other tech giants to pay Australian news outlets some US$400 million a year under a mandatory code of conduct ordered by the government.
May 14, 2020
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Business
Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices.
Jul 31, 2020
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Business
Air Canada on Friday announced a loss of more than CAN$1.7 billion (US$1.27 billion) in the second quarter due to the "devastating effects" of the coronavirus pandemic.
Jul 31, 2020
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4
Business
Microsoft said the coronavirus pandemic has increased demand for its flagship products, reporting quarterly earnings Wednesday that beat Wall Street expectations.
Jul 23, 2020
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4
In business, revenue or revenues is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Some companies also receive revenue from interest, dividends or royalties paid to them by other companies. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, received during a period of time, as in "Last year, Company X had revenue of $32 million."
In many countries, including the UK, revenue is referred to as turnover.
Profits or net income generally imply total revenue minus total expenses in a given period. In accounting and financial analysis, revenue is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income.
For non-profit organizations, annual revenue may be referred to as gross receipts. This revenue includes donations from individuals and corporations, support from government agencies, income from activities related to the organization's mission, and income from fundraising activities, membership dues, and financial investments such as stock shares in companies. For government, revenue includes gross proceeds from income taxes on companies and individuals, excise duties, customs duties, other taxes, sales of goods and services, dividends and interest.
In general usage, revenue is income received by an organization in the form of cash or cash equivalents. Sales revenue or revenues is income received from selling goods or services over a period of time. Tax revenue is income that a government receives from taxpayers.
In more formal usage, revenue is a calculation or estimation of periodic income based on a particular standard accounting practice or the rules established by a government or government agency. Two common accounting methods, cash basis accounting and accrual basis accounting, do not use the same process for measuring revenue. Corporations that offer shares for sale to the public are usually required by law to report revenue based on generally accepted accounting principles or International Financial Reporting Standards.
In a double-entry bookkeeping system, revenue accounts are general ledger accounts that are summarized periodically under the heading Revenue or Revenues on an income statement. Revenue account names describe the type of revenue, such as "Repair service revenue", "Rent revenue earned" or "Sales".
This text uses material from Wikipedia, licensed under CC BY-SA