Business
A bank and some high-profile tech companies have chopped hundreds of Bay Area jobs in a fresh round of layoffs—although the pace of tech sector layoffs has greatly eased.
Aug 16, 2023
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46
Business
Chinese internet giant Tencent announced on Wednesday a 41 percent year-on-year jump in second-quarter net income, but missed analyst forecasts for revenue.
Aug 16, 2023
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6
Business
Taiwanese tech giant and key Apple supplier Foxconn said Monday it sees the potential to invest "several billion dollars" in India, with the firm looking to diversify its manufacturing away from China.
Aug 14, 2023
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2
Business
Uber reported a surprise profit on Tuesday, pointing to strong growth in its core mobility and delivery businesses despite missing revenue estimates.
Aug 1, 2023
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11
Business
Samsung Electronics on Thursday reported a more than 95 percent plunge in operating profits in the second quarter owing to weak demand for memory chips.
Jul 27, 2023
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Business
Facebook parent company Meta Platforms posted stronger-than-expected results for the second quarter on Wednesday, buoyed by a rebound in online advertising after a post-pandemic slump.
Jul 27, 2023
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Automotive
Volkswagen said Thursday its profits slipped in the second quarter as it battles to regain ground in China, the German auto giant's most important market.
Jul 27, 2023
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1
Business
Airbus and Boeing both stepped up deliveries of commercial aircraft in the first half of this year, boosting revenue as they strive to ramp up production to meet demand from airlines.
Jul 26, 2023
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31
Business
Amazon will pay roughly 15% less to acquire iRobot after the robot vacuum maker incurred new debt.
Jul 26, 2023
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Business
Boeing shares rallied Wednesday after the aerospace giant reported a smaller-than-expected loss, announced production rate increases on key commercial jets and described supply chain problems as moderating somewhat.
Jul 26, 2023
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