Amazon posts 2Q loss but revenue tops estimates, stock jumps
Amazon on Thursday reported its second-consecutive quarterly loss but its revenue topped Wall Street expectations, sending its stock sharply higher.
Jul 28, 2022
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Business
Amazon on Thursday reported its second-consecutive quarterly loss but its revenue topped Wall Street expectations, sending its stock sharply higher.
Jul 28, 2022
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5
Business
Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday, dragged down by a drop in ad spending as the economy falters—and as competition from rival TikTok intensifies.
Jul 27, 2022
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Business
Netflix Inc. will ask customers in five Latin America countries to pay a fee if they want to use their account in an additional home, a test the company hopes will generate additional revenue by getting customers to pay to ...
Jul 19, 2022
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Business
Life for big tech companies looks increasingly different to how it did five years ago. Back then, Uber Technologies Inc. used a secret "kill switch" to thwart police from probing its data systems in more than a dozen countries. ...
Jul 13, 2022
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Business
French music streaming service Deezer's shares failed to strike the right note with investors at its Tuesday launch on the Paris stock market, plunging in morning trading by over 35 percent.
Jul 5, 2022
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Business
Netflix is "actively" working on building its cheaper, ad-supported deal, the company's French team said on Tuesday, but added there was no clear timeline.
Jun 28, 2022
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Software
Internet Explorer is finally headed out to pasture.
Jun 15, 2022
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Business
Amazon said Thursday that it will shut down its digital Kindle bookstores in China and stop selling the device to retailers in the country to readjust the focus of its business.
Jun 2, 2022
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Energy & Green Tech
Being mobile individually, at any time, without owning a car represents an environmentally conscientious lifestyle. To facilitate this, public transportation authorities cooperate with service providers for new forms of mobility ...
May 24, 2022
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Energy & Green Tech
Packing enough energy into a battery to power a car is putting a lot of pressure on the storage devices that, for the last century or so, have mainly been tasked with running small appliances and electronics. The stress is ...
May 16, 2022
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