Amazon sales surge, but spending bites into profit (Update)
Internet colossus Amazon on Thursday reported its profit shrank in the recently ended quarter despite surging sales as it poured money into growth.
Internet colossus Amazon on Thursday reported its profit shrank in the recently ended quarter despite surging sales as it poured money into growth.
Business
Jul 27, 2017
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Cisco Systems Inc. said Wednesday that it is laying off 1,100 more workers, deepening job losses at the internet gear maker battling declining revenue.
Business
May 18, 2017
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AT&T Inc. on Tuesday said it lost more of its most lucrative wireless customers during the first three months of the year as the country's biggest mobile carriers try to lure customers from each other with offers of unlimited ...
Telecom
Apr 26, 2017
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Google parent Alphabet on Thursday reported that its profit in the final three months of last year climbed on growth in mobile search and video-sharing service YouTube.
Business
Jan 26, 2017
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Netflix Inc. (NFLX) on Monday reported third-quarter profit of $51.5 million.
Business
Oct 18, 2016
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Online giant Amazon said Thursday profit in the second quarter surged ninefold to $857 million, lifted by cloud services as the tech giant expanded its offerings.
Business
Jul 28, 2016
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BlackBerry reported quarterly results Friday that beat Wall Street expectations, even as revenue fell sharply.
Business
Dec 18, 2015
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Google received an "A'' from investors for its third-quarter report that ushered the Internet search leader into a new era under Alphabet, its recently formed parent company.
Business
Oct 22, 2015
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With sales growth slowing in China, Alibaba is looking across its borders to give sales a boost.
Business
Aug 12, 2015
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Symantec will sell its Veritas information management business for $8 billion in cash with plans to funnel proceeds back into its main line of work, cybersecurity, and to buy back shares.
Business
Aug 11, 2015
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