Higher spending again dogged Alphabet Inc. results despite reporting the strongest sales growth in almost four years. A handful of analysts cut their price targets. Jefferies expects 2018 to be an investment year as Alphabet takes a run at Amazon.com Inc. in Home and Cloud while … [Read more...] about Here’s What Wall Street Is Saying About Alphabet’s Earnings
Facebook earnings call
Facebook Inc said yesterday Wednesday it would end its partnerships with several large data brokers who help advertisers target people on the social network, a step that follows a scandal over how Facebook handles personal information. The world’s largest social media … [Read more...] about Facebook severs ties with data brokers in blow to targeted ads
After six disappointing quarterly earnings reports, Google beat expectations in the April-June quarter with a net income of 3.9 billion dollars, up from 3.35 billion dollars in the same period a year ago, the company said late on Thursday. Revenues were up 11 percent year-on-year … [Read more...] about Mobile search, YouTube boost Google earnings
The world's largest online social media network reported a staggering 166-percent jump in profit for the third quarter year-on-year. Earnings in the three months to the end of September amounted to $2.4 billion (2.4 billion euros). Facebook said the increase came on the back of a … [Read more...] about Facebook profit soars, but growth might slow
Let's start by stating the obvious: Europe's refugee crisis may be happening here, but its scale is international. Not only are refugees arriving in Europe from outside the region, but refugees still attempt to get to other parts of the world, too, such as Australia. Others are … [Read more...] about With Google calling for donations, should global tech firms do more to help refugees?