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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.

Nokia Q4 profit up as operators switching to 5G networks

Nokia has reported increased fourth-quarter earnings on the back of grown orders from telecom operators of new-generation mobile networks that are expected to be rolled out commercially this year.

Indian IT giant TCS's profits soar 24 percent

India's largest IT services firm Tata Consultancy Services (TCS) reported on Tuesday a 24 percent rise in quarterly earnings thanks to strong growth in its banking and financial services division.

India's TCS signs 'largest deal' worth $2 billion

India's largest IT services company Tata Consultancy Services (TCS) on Friday announced bagging its biggest new deal valued over $2 billion from a US-based insurance company, a day after reporting a slide in its quarterly ...

India's TCS records 3.6% decline in quarterly profits

India's biggest IT sourcing firm Tata Consultancy Services (TCS) on Thursday reported a 3.6 percent fall in quarterly earnings due to falling demand for its banking and financial services.

Amid soaring profits, Facebook vows to curb abuse

Facebook on Wednesday reported that profits leapt on booming revenue from online ads in the third quarter, topping investor forecasts and buoying shares already at record highs.

Google parent books $2.7B fine as European fight looms

Google parent Alphabet is taking a $2.7 billion write-down to cover a large fine EU antitrust enforcers assessed in June . While the search giant can shrug off the cost, uncertainty lingers over its ability to operate freely ...

India's TCS profits fall by 6 percent

India's largest IT services firm Tata Consultancy Services reported a nearly 6 percent fall in quarterly earnings Thursday owing to a strengthening rupee, the company said.

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