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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57
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
Business
Apple said Wednesday it would cut in half its App Store fees for small developers, moving in the face of lawsuits over its 30 percent commission and increased antitrust scrutiny of the online marketplace.
Nov 18, 2020
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13
Business
Amazon's third-quarter profits tripled from a year ago on strong retail sales during the pandemic and growth in cloud computing, the company announced Thursday
Oct 29, 2020
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12
Business
Microsoft on Tuesday said its profit in the recently ended quarter continued to soar as the pandemic boosted a trend toward business being taken care of in the internet cloud.
Oct 27, 2020
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3
Security
Tens of thousands of user accounts for online government services in Canada were recently hacked during cyber attacks, authorities said Saturday.
Aug 16, 2020
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8
Automotive
Autonomous vehicles (AVs) will challenge cities in ways that are difficult to fully predict, and yet critical to address early. A particular challenge is the potential for AVs to upset municipal budgets, as they upend traditional ...
Aug 06, 2020
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5
Business
The New York Times Co.'s digital transformation continued during the second quarter, with its online subscription and ad revenue now exceeding its print revenue, even as the economic aftershocks of the coronavirus pandemic ...
Aug 05, 2020
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4
Business
Google parent Alphabet reported a rare drop in revenue and profit on Thursday in a quarterly update that nonetheless topped market expectations.
Jul 31, 2020
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4
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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5
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