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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.

Rising microchip-maker demand boosts ASML profits

Dutch global hi-tech bellwether ASML Wednesday posted a huge hike in second quarter profits, after the technology industry snapped up more of its sophisticated microchip-making machines than expected.

Netflix lifted by 'beautiful' quarterly report

Netflix shares raced higher in after-hours trade Monday as the streaming television giant reported better-than-expected gains in its global subscriber base and a quarterly profit that nearly tripled from a year ago.

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 ...

Philips profits plunge 32.9% in second quarter

Dutch electronics giant Philips Monday posted a 32.9 percent fall in second quarter profits, hit mainly by the costs of spinning off its lighting business last year.

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