The CEO of Amazon's cloud computing business took over during the pandemic
SoftBank Group recorded a second straight quarter of profit in fiscal Q4 2023 (calendar Q1), as it turned its investment strategy away from China and focused on AI-centric companies.
Amazon Marketing Cloud (AMC) recently introduced a new solution called High Value Audiences. This solution aims to simplify the process of identifying and targeting high-value customers for advertisers on Amazon.
The Southeast Asian ride-hailing and delivery specialist raised its full-year forecast for a key profitability metric, citing cost-cutting efforts and expansion in its core businesses that helped narrow its net loss in the first quarter.
(Bloomberg) -- SoftBank Group Corp. reported its second straight quarter of profitability as the Japanese tech investor benefited from an artificial intelligence investment boom that has buoyed assets like Arm Holdings Plc. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindPutin Names Economist as Defense Minister in Surprise ReshuffleChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGlobal Chips Battle Intensifies With $81 Billion Subsidy...
The company reported sustained momentum in both top and bottom-line performance, demonstrating healthy financial growth.
Food and grocery delivery company Zomato on Monday reported a fourth straight quarter of net profit compared with a loss a year earlier, but its shares fell as the performance missed market expectations.For the quarter ended March 31, the company posted a net profit of Rs 175 crore, compared with a loss of Rs 188 crore in the year-earlier period. Brokerages had expected the company’s net profit to come in the range of Rs 188-218 crore.Operating revenue grew 73% to Rs 3,526 crore, mainly driven...
Amidst plateauing iPhone sales, Apple's enhanced storage upgrade options have emerged as a significant profit driver. Apple profits surge as consumers choose pricier iPhone storage options Apple has long leveraged the strategy of encouraging iPhone users to opt for higher storage variants, significantly increasing the device's price. The approach has proved crucial in offsetting the otherwise stagnating revenues from iPhone sales. Upgraded storage options do come with a higher price...
Nobody would budge through the first three quarters. The Sparks would go on a run, the Atlanta Dream would respond with one of their own and vice versa. They were deadlocked at 66 going into the fourth quarter, neither giving the other any breathing room. Then, the fourth quarter happened. Cheyenne Parker-Tyus and Crystal Dangerfield hit back-to-back layups to open the fourth. Then Rhyne Howard got some free throws and followed them with a three. All of a sudden, the Dream were up double digits...
Dearica Hamby and Layshia Clarendon sparked the Sparks, but the team couldn't overcome a 9-0 Atlanta Dream run and lost their opener Wednesday.
Amazon Web Services CEO Adam Selipsky will step down, handing over the reins of the retail giant's crucial cloud business to long-time insider Matt Garman, the company said on Tuesday. Senior Vice President Matt Garman will take on Selipsky's role at AWS, effective June 3, the firm said. The move comes at a crucial time for the cloud business that brings in much of Amazon's profit. While it has the largest share in the U.S. cloud market, its dominance is under pressure from Microsoft's...
Etihad Airways is another large airline that more than doubled its profits