Tag: Revenue
Cloud Infrastructure Revenue Hits Nearly $80 Billion in Latest Quarter
The cloud infrastructure market has surged ahead, leaving the challenges of 2023 in the rearview mirror. Revenue has continued to climb steadily, reaching an...
WeRide, Chinese Self-Driving Startup, Files for Nasdaq Listing as Symbol WRD:...
WeRide, a Chinese self-driving startup, has filed for a Nasdaq listing under the symbol WRD. Despite reporting a $268 million loss, the company generated...
Boosted by Battery Sales, Tesla Remains Profitable in Q2 Despite Slumping...
Tesla has recently released its financial results for the second quarter, showcasing a decrease in car sales and profit margins compared to the previous...
Paytm Faces Revenue Decline and Regulatory Challenges: What’s Next?
Indian fintech giant Paytm continues to face challenges as it reported a significant decline in revenue and an increase in losses in the first...
Mobile Game Installs in Japan Rise in Q1: Adjust Data
Adjust, a measurement firm, recently conducted a study on the mobile game market in Japan during the first quarter of 2024. The findings revealed...
Global Advertising Boosts Entertainment and Media Industry Amid Game Industry Recovery
The global entertainment and media industry experienced growth in 2023 despite economic challenges, technological disruptions, and increased competition. According to PwC, total revenues in...
Longlegs Breaks Box Office Records with Strong Opening Weekend Performance
Neon's highly anticipated horror thriller, Longlegs, directed by Osgood Perkins and starring Maika Monroe and Nicolas Cage, made a strong debut at the box...
Lucid, Fisker, and Uber: Latest Updates in Tech World
Welcome back to the latest updates in the tech world. Last week may have been quiet due to the July 4 holiday, but there...
Title: Animoca Brands Reports 30% Decline in Bookings for 2023
Animoca Brands, a Web3 gaming company, recently announced a 30% decline in bookings for the year 2023. The company reported a decrease from $402...
Generating $600B/year: The Financial Target for Top AI Model Companies
Tech companies that are at the top of their game are setting ambitious financial targets for themselves. These companies are aiming to generate a...
Samsung Expects 15-Fold Profit Surge in Q2 Due to Rising Chip...
Samsung is expecting a significant increase in its profit for the second quarter of the year. The global memory chip market is experiencing a...
Samsung’s Q2 Operating Profit Soars 1,452% YoY to $7.54B, Revenue Up...
Samsung has reported a staggering increase in its second-quarter operating profit, which has soared by 1,452% year-over-year to $7.54 billion. The tech giant also...
Italy Launches Probe into Google for €1B in Unpaid Taxes and...
Italy has launched a probe into Google for €1 billion in unpaid taxes and penalties from 2018-2022. The investigation comes as a result of...
Apple Faces Potential EU Fine for Violating App Developers’ Rights
The European Commission has found that Apple is violating the Digital Markets Act (DMA) with its rules and fees in the App Store that...