Nico Grant / New York Times – TechnologyAlphabet’s Profit Falls 34% Amid Ads Slowdown – Googles parent company reported its fourth consecutive drop in quarterly profit, weeks after culling... Read more »
Karen Weise / New York Times – TechnologyAmazon Reports Almost No Profit and Slowing Growth – The company indicated the slowing growth and tight margins would continue in the... Read more »
FT.com: The WorldAmazon posts solid sales but softer cloud growth – Ecommerce company warns of uncertain environment as economic worries prompt budget cutbacks … Read more »
FT.com – ITGoogle’s advertising sales fall in sharper than expected slowdown – Revenue growth at parent Alphabet in fourth quarter was only 1 per cent compared to the 32... Read more »
WSJ.com: TechnologyQualcomm Posts 12% Drop in Sales – The designer of mobile-phone chips gave a muted outlook as it posted a 12% drop in sales, reflecting softness in the... Read more »
ReutersAmazon beats estimates for quarterly sales – Amazon.com Inc beat Wall Street estimates for quarterly sales on Thursday, as the retailers marketing blitz during the holiday period helped attract... Read more »
Imad Khan / CNET NewsGoogles Pandemic-Spending Bonanza Hits a Wall – CNET – The search giant saw a massive drop in earnings in the fourth quarter. … Read more »
Laura Hautala / CNET NewsYou Shopped Amazon for the Holidays, But Its Profits Still Plunged – CNET – CEO Andy Jassy says the company cut costs involved in storing... Read more »
There’s no denying that the robotics startup world has taken a hit during the ongoing economic downturn. Recent numbers prove what we’ve all suspected for some time. But two... Read more »
Ford reported Thursday it earned $10.4 billion in net income last year, falling well below its own guidance and missing Wall Street’s expectations as the U.S. automaker struggled with... Read more »
