Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take their toll
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Meta Pleases Investors After Daily User Number Growth Returns
Shares in Meta rose 20 percent in relief with modest daily and monthly user growth, despite mixed financial results in the first quarter
Alphabet Profit Slides As YouTube Misses Expectations
Tech giant posts mixed first quarter results, as Alphabet contends with rising inflation, increased YouTube competition, and falling ad spend
Netflix Subscribers Fall For First Time In Ten Years
Streaming giant Netflix reveals loss of subscribers for the first time in ten years, and mulls lower-cost subscription plan with adverts
Meta Stock Suffers, As Facebook Loses Daily Users For First Time
Facebook warns of significant Apple iOS privacy impact, which will decrease sales in the coming year by as much as $10 billion
Alphabet Posts Record Results, Announces 20 for 1 Stock Split
Google parent Alphabet posts a stunning set of quarterly and annual results, and announces a 20 to 1 stock split in the summer
Apple Shrugs Off Chip Shortage With Record Revenues
Tech giant surpasses Wall Street predictions, as revenues grow 11 percent despite Omicron variant and ongoing global chip shortage
Huawei Admits 2021 Revenues Down Nearly 30 Percent
Chinese networking giant reveals scale of challenge posed by ongoing US and Western restrictions to its business performance
Amazon Online Sales Growth Slows Amid Lockdown Easing
Growth for online shopping at Amazon settles down to more normal levels after the pandemic boost, but AWS continues to prosper
Facebook Warns Of ‘Significant’ Slowdown In Growth
Social networking giant Facebook records fastest growth since 2016, but warns annual revenue growth will slow “significantly”
Microsoft Thrives Thanks To Azure Growth
Software giant posts record results, as certain business segments (Azure) thrive during Coronavirus pandemic, but others struggle
Apple Posts Record Breaking Profit, But Warns Of Chip Shortage
Apple's earnings juggernaut continues, as strong sales of iPhones continues to drive up profits, but chip shortage looms
Intel Warns Chip Shortage Could Last Until 2023
CEO Pat Gelsinger said chip ecosystem recovering, but supply chain is stilled stressed, with chip shortages to last until 2023
Apple Profits Double As Users Upgrade To 5G iPhones
Apple reaps reward from strong spending on Macs, apps and iPads during lockdown, coupled with people upgrading to 5G iPhones
Alphabet Posts Record Growth During Pandemic
What pandemic? Strong performance in advertising sales and cloud business drives profits and revenues at Google parent Alphabet
Jeff Bezos To Step Down As Amazon CEO
Bombshell. Amazon founder and one of the richest men in the world, Jeff Bezos, will step down as CEO in second half of this year
Facebook To Reduce Political Content After Posting Healthy Profit
Mark Zuckerberg admits platform is looking at ways to reduce political content in news feeds, after it posts billion dollar profits
Apple Reaps Benefit From Soaring Pandemic Sales
Firm finishes 2020 with its most profitable ever quarter, thanks to soaring pandemic sales of iPhones, iPads and Macbooks
Online Safety Bill Could Fine Firms 10 Percent Of Turnover
Tech firms faced stiff financial penalties under Government's Online Safety Bill, which looks to impose tough rules on online content
Apple Posts Biggest iPhone Sales Fall In Two Years, After Handset...
Mixed results. Delayed launch of the iPhone 12 by several weeks sees Apple post its largest decline in iPhone sales in two years
Apple Delays iPhone 12, As Sales Shrug Off Virus Gloom
What pandemic? Apple defies store closures, stalling economies and the global Coronavirus pandemic to deliver strong financials
Twitter Mulls Subscription Options, As Ad Revenue Plummets
Coronavirus hits Twitter's advertising revenue, causing senior management to mull alternative ways to make money from users
Amazon Tells Investors To ‘Take A Seat’ As Spending Rises
Sitting in the sweet spot as Amazon takes advantage on demand for online goods, groceries and cloud services during Coronavirus lockdown
Apple Profits Dip But Sales Rise, Amid Global Pandemic
Modest dip in quarterly profits at Apple due to closure of its retail stores in key markets during the global Coronavirus pandemic
Coronavirus: Tesla’s Elon Musk Slams Pandemic Lockdown As...
Tesla boss Elon Musk overshadows third quarterly profit at electric car maker Tesla, by calling lockdowns 'fascist' and 'not democratic'
Coronavirus: Google Profits Rise, But Warns Of Pain Ahead
Alphabet delivers strong set of quarterly financial results, despite advertising decline in March as global Coronavirus pandemic starts to bite
Coronavirus: IBM Pulls Annual Forecast As Client Priorities Change
Worldwide pandemic hits software sales, as IBM warns that its customer priorities are changing and it withdraws its annual forecast
Coronavirus: Facebook Admits Covid-19 Is Hurting Advertising Sales
Social networking giant Facebook says that Coronavirus is hitting its principle money-making capability, namely advertising sales
Google Disappoints After Revealing YouTube’s $15 Billion Revenue
Strong financials from Google's parent, as it reveals for the first time the turnover of YouTube and Google Cloud business
Microsoft Cloud Growth Pleases Wall Street
Microsoft is now worth $1.25 trillion after stock price rise thanks to continued growth of Redmond's Azure cloud business