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.
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.
Business
Apr 24, 2019
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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.
Business
Apr 23, 2019
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8
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.
Business
Apr 12, 2019
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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.
Business
Mar 20, 2019
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German automaker Volkswagen said Tuesday it plans to ramp up its production of electric vehicles over the next ten years to 22 million and reduce its carbon footprint over vehicle life cycles by 30 percent.
Automotive
Mar 12, 2019
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22
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 ...
Business
Feb 22, 2019
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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.
Economics & Business
Feb 11, 2019
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Nintendo is reportedly developing a smaller, cheaper version of its popular Switch games console, as sales of the device slow after initial runaway success.
Consumer & Gadgets
Feb 1, 2019
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Nintendo said Thursday its net profit jumped nearly a quarter for the nine months to December, riding out the crucial holiday season thanks to blockbuster game titles for its popular Switch console.
Business
Jan 31, 2019
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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.
Internet
Jan 30, 2019
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