Meta, TikTok win challenge against EU tech fees in setback for EU regulatorsMeta and ByteDance's TikTok sued the European Commission after they were hit with a supervisory fee of 0.05% of their annual worldwide net ...
10 Sep, 2025, 05.11 PM IST
Reddit surges as AI-driven ad strategy wins praise from Wall StreetThe company has also posted a rosy forecast that comes on the heels of similarly upbeat results from ad industry leaders such as Meta and A...
01 Aug, 2025, 08.00 PM IST
Pinterest shares jump 20% as AI advertisement tools drive forecastsPinterest's shares rose 20% on Friday as it forecast first-quarter revenue above estimates, indicating that its AI-powered tools would spur...
07 Feb, 2025, 08.40 PM IST
Wall Street shares close up as megacap tech stocks rallyInvestors cheered Alphabet's first-ever dividend, its $70 billion stock buyback program, and better-than-expected first-quarter results. It...
27 Apr, 2024, 08.44 AM IST
US stocks rise as Big Tech charges higherAlphabet jumped 10.1% to a record high after the Google-parent announced its first-ever dividend, a $70 billion stock buyback and beat esti...
26 Apr, 2024, 10.02 PM IST
Snap misses revenue expectations, warns on second quarter outlookSnap Inc missed analyst expectations for Q1 revenue due to changes in its advertising platform and warned Q2 results may fall below those a...
28 Apr, 2023, 08.46 AM IST
Snap misses revenue expectations, warns of Q2 declineShares of Snap dropped 19% in after-market trading.
28 Apr, 2023, 06.47 AM IST
Pinterest earnings miss estimates as weak advertisement revenues weighPinterest said it expected revenue to grow in low-single-digits in the first quarter, compared with estimates of about 7% growth.
07 Feb, 2023, 10.21 AM IST
Twitter: Influential network with a relatively limited audienceAt the end of the second quarter, Twitter counted nearly 238 million daily active users on the platform -- a figure overshadowed by the som...
28 Oct, 2022, 07.15 PM IST
Alphabet, Microsoft spark $400-billion megacap routAlphabet now has reported three straight quarters of disappointing earnings per share, according to data compiled by Bloomberg, the longest...
27 Oct, 2022, 11.36 AM IST
Snap's slowing ad growth sends inflation fears through tech sectorThe company said its internal forecast estimates that revenue for the fourth quarter, which includes the holiday season when advertisers ra...
21 Oct, 2022, 07.57 AM IST
- Adarsh Menon to head Flipkart’s new verticals; stay in your lane, RBI tells fintech firms
Menon, who joined the company in 2015, will head its new businesses, such as Shopsy and Cleartrip, once Prakash Sikaria leaves the firm lat...
22 Jul, 2022, 07.10 PM IST
Pinterest results dazzle Wall St as ad business boomsThe image-sharing firm's shares surged up to 20% in extended trading, bouncing back from a dismal Thursday session in which tech stocks wer...
04 Feb, 2022, 09.16 AM IST
S&P edges down in choppy session as U.S. stimulus talks drag onWhite House Chief of Staff Mark Meadows said that while there are a number of differences between the White House and Congressional Democra...
22 Oct, 2020, 06.42 AM IST
Missed the Zoom Boom? It still has a ways to goZoom reported second-quarter revenue of $663.5 million, up 355% from a year earlier, versus the $500 million Bloomberg consensus.
01 Sep, 2020, 09.14 AM IST
Lyft's stock pain an ominous sign for Uber IPOLyft shares ended on Wednesday down 11 percent at $60.12, well below their $72 IPO price.
11 Apr, 2019, 01.37 PM IST
Cloud computing: How tech giants like Google, Facebook, Amazon store the world's dataThe spectacular technological and business innovations in data storage hide unheralded stars as well as tricky questions.
27 May, 2012, 01.58 PM IST