Amazon’s efforts to boost revenues may not pay off as inflation and receding consumer demand bite into profits. Amazon.com Inc has warned
Tag: technology
IT head of India’s ruling party says he will sue news portal | Business and Economy News
Amit Malviya says he will take The Wire to court for damaging his reputation in a story that it later retracted. The
South Korea’s Samsung names Jay Y Lee as executive chairman | Technology
Tech giant’s announcement confirms company will be officially run by the third generation of its founding family. Samsung Electronics’s de facto leader
As Meta’s revenue decline accelerates, shares sink 14 percent | Business and Economy News
A weak holiday quarter forecast knocked about $40bn from Meta’s stock market value in extended trade. Facebook parent Meta Platforms Inc has
SK Hynix says industry woes ‘unprecedented’, to cut investment | Business and Economy
South Korean chipmaker’s third-quarter profit tumbles 60 percent amid a surge in inflation. South Korean chipmaker SK Hynix says the memory chip
Alphabet’s revenue miss fans fears of economic slowdown | Business and Economy News
The negative results reinforced worries that inflation will continue to hurt advertising spending. Google parent Alphabet Inc has missed Wall Street estimates
Republican committee in US sues Google over email spam filters | Business and Economy News
The Republican National Committee accuses Gmail of ‘discriminating’ against it by unfairly sending its emails to users’ spam folders, impacting fundraising and
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