Related topics: net profit · apple · iphone · net income · operating profit

Privacy fine set-aside dents Facebook's profit

Facebook said Wednesday its profit took a hit from setting aside billions of dollars for an anticipated fine from US regulators, in a quarterly report that sent shares higher.

Twitter triples profits, global user base steadies

Twitter said Tuesday profits soared in the past quarter, and President Donald Trump immediately claimed credit for the success of the short messaging platform even as he renewed his allegations of bias.

Uber sets IPO in motion, seeks to 'ignite opportunity'

Uber filed documents Thursday for its much-anticipated public share offering expected to be the largest in the tech sector in years, and a bellwether for other venture-backed startups eyeing Wall Street listing.

BMW warns profits will fall due to costs, trade uncertainty

German automaker BMW said Wednesday that profits in 2019 would be "well below" last year's and that it planned to cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology.

Baidu profit falls but revenue beats expectations

Leading Chinese internet search provider Baidu has announced a 50 percent plunge in net profit for the fourth quarter but revenue beat expectations on growth in its core search business and a push into artificial intelligence ...

Investment in LEGO can yield returns of up to 600 percent

Economists of the Higher School of Economics Victoria Dobrynskaya and Yulia Kishilova analysed secondary market prices of the world-famous LEGO toy construction sets released from 1987 to 2014.

Facebook sees higher profits, more friends

Facebook said Wednesday that quarterly profit climbed to an all-time record $6.9 billion as it boosted its global user base despite scandals that have dented the leading social network's image.

page 9 from 40