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Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China

Leave a Comment / Apple Inc, Artificial Intelligence, China, Company Reports, Computers and the Internet, iphone, Smartphones

Apple Reports Decline in Sales and Profit Amid iPhone Struggles in ChinaThe company continues to lean on customers’ appetite for apps and services, as demand for its devices weakens. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Tripp Mickle

Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China Read More »

X May Lose Up to $75 Million in Revenue as More Advertisers Pull Out

Leave a Comment / Anti-Semitism, Company Reports, Musk, Elon, Online Advertising, Social Media, Twitter, Yaccarino, Linda

X May Lose Up to $75 Million in Revenue as More Advertisers Pull OutInternal documents show companies like Airbnb, Coca-Cola and Microsoft have halted ads, or may do so, after Elon Musk’s endorsement of an antisemitic conspiracy theory. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Ryan Mac and Kate Conger

X May Lose Up to $75 Million in Revenue as More Advertisers Pull Out Read More »

Uber Reports Record Ridership and Second Straight Quarterly Profit

Leave a Comment / Car Services and Livery Cabs, Company Reports, Khosrowshahi, Dara, Uber Technologies Inc

Uber Reports Record Ridership and Second Straight Quarterly ProfitRevenue was up 11 percent from a year earlier, helping to generate $221 million in net income. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning

Uber Reports Record Ridership and Second Straight Quarterly Profit Read More »

Apple’s Sales Drop Slightly While Profit Is Up 11 Percent

Leave a Comment / Apple Inc, Company Reports, Computers and the Internet, Cook, Timothy D, iphone, Smartphones, Wearable Computing

Apple’s Sales Drop Slightly While Profit Is Up 11 PercentInterest in new iPhones and services such as music and cloud storage powered the quarter, but other businesses, such as Mac sales, slowed significantly. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Tripp Mickle

Apple’s Sales Drop Slightly While Profit Is Up 11 Percent Read More »

X Says It Is Worth $19 Billion, Down From $44 Billion Last Year

Leave a Comment / Company Reports, Computers and the Internet, Musk, Elon, Social Media, Twitter

X Says It Is Worth $19 Billion, Down From $44 Billion Last YearThe social media company’s valuation was disclosed in the paperwork for stock grants that it handed to employees on Monday. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Ryan Mac

X Says It Is Worth $19 Billion, Down From $44 Billion Last Year Read More »

Amazon Revenue Jumps as Consumer and Business Spending Improves

Leave a Comment / Advertising and Marketing, Amazon.com Inc, Company Reports, Computers and the Internet, E-Commerce, Jassy, Andrew R

Amazon Revenue Jumps as Consumer and Business Spending ImprovesInvestors were closely watching business spending with the company’s cloud computing division, which grew 12 percent in the most recent quarter. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Karen Weise

Amazon Revenue Jumps as Consumer and Business Spending Improves Read More »

Meta Posts 23% Growth as Ads Rebound, With Profit More Than Doubling

Leave a Comment / Advertising and Marketing, Company Reports, Computers and the Internet, Facebook Inc, Instagram Inc, Meta Platforms Inc, Online Advertising, WhatsApp Inc, Zuckerberg, Mark E

Meta Posts 23% Growth as Ads Rebound, With Profit More Than DoublingThe internet company’s cost cuts also helped lift its financial performance in the most recent quarter. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Mike Isaac

Meta Posts 23% Growth as Ads Rebound, With Profit More Than Doubling Read More »

Alphabet Has Strong Ad Sales but Cloud Business Disappoints

Leave a Comment / Alphabet Inc, Artificial Intelligence, Cloud Computing, Company Reports, Computers and the Internet, Google Inc, Online Advertising, Pichai, Sundar, Search Engines, YouTube.com

Alphabet Has Strong Ad Sales but Cloud Business DisappointsGoogle’s parent company reported that sales were up 11 percent from a year ago while profit jumped 42 percent to $19.7 billion. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Nico Grant

Alphabet Has Strong Ad Sales but Cloud Business Disappoints Read More »

Snap Revenue Rises 5%, Reversing Declines

Leave a Comment / Advertising and Marketing, Company Reports, Computers and the Internet, Layoffs and Job Reductions, Snap Inc, Social Media, Spiegel, Evan

Snap Revenue Rises 5%, Reversing DeclinesThe social media company posted rising sales after two quarters of declines, but added that the ad market remains unpredictable. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Yiwen Lu

Snap Revenue Rises 5%, Reversing Declines Read More »

Instacart Was All About Grocery Delivery. No Longer.

Leave a Comment / Advertising and Marketing, Company Reports, Computers and the Internet, Coronavirus (2019-nCoV), Delivery Services, E-Commerce, Freelancing, Self-Employment and Independent Contracting, Initial Public Offerings, Instacart, Mehta, Apoorva, Mobile Applications, Shopping and Retail, Simo, Fidji, Start-ups, Supermarkets and Grocery Stores

Instacart Was All About Grocery Delivery. No Longer.As it prepares to go public next week, Instacart shows that one secret to making money as a gig economy company is to become an advertising company. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning and Erin Griffith

Instacart Was All About Grocery Delivery. No Longer. Read More »

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