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US software stocks slide as IBM, ServiceNow results reignite AI disruption fearsUS software stocks fell in premarket trading on Thursday, following quarterly results from IBM and ServiceNow that reignited fears about AI...
Netflix Q1 2026 earnings beat: Why did Netflix stock fall despite strong results and weak forward guidance outlook?Netflix (NFLX) dropped after Q1 2026 earnings despite beating profit estimates, as stock market reaction turned negative on weak outlook si...
Meta poised to surpass Google in digital ad revenue for first time, report saysThe Instagram-owner's global net ad revenues are expected to reach $243.46 billion in 2026, ahead of Google's projected $239.54 billion, th...
US Stock Market: Adobe's longtime CEO to exit role amid AI disruption, shares fallAdobe's long-serving CEO Shantanu Narayen will step down once a successor is appointed, a move that saw shares dip amid concerns about the ...
Adobe's longtime CEO Shantanu Narayen to exit role amid AI disruptionAdobe's CEO Shantanu Narayen will step down after 18 years, sending shares down over 7% amid concerns about AI disruption. Despite reportin...
Mobile services revenue to grow at 5.4% CAGR to $39.3 bn by 2029India's mobile services market is projected to experience substantial growth, reaching $39.3 billion in 2029, fueled by increased service p...
Mobile services revenue to grow to $39.3 billion in 2029 vs $30.2 billion in 2023: ReportIndia's mobile services revenue is projected to reach $39.3 billion in 2029, growing at a CAGR of 5.4%, fueled by increased service penetra...
Duolingo forecasts annual revenue above estimates on strong adoption of AI featuresDuolingo runs two subscription tiers - Super for avid users, and Max, which includes a generative AI-driven feature that simulates natural ...
Workday shares sink over 13% as slower hiring hits payroll services demandWorkday shares dropped on Friday due to a lowered annual subscription revenue forecast amidst economic uncertainty and slower hiring impact...
India's fixed communication revenue to grow to $13.2 bn in 2028 vs $11.5 bn in 2023: GlobalDataAccording to a GlobalData report out Thursday, revenue from fixed broadband services will grow at a CAGR of 3.5% in the 2023-2028 period, d...
Adobe embroiled in antitrust issues, forecasts revenue below estimatesThe San Jose, California-based company said in a regulatory filing that since June 2022 it has been cooperating with FTC in response to a c...
Mobile data rev likely to grow over 8% CAGR FROM 2022-27: GlobalDataMobile data service revenue in India is predicted to grow at a CAGR of 8.1% between 2022 and 2027, while mobile voice revenue is expected t...
Tinder-parent Match sees third-quarter revenue above estimates on strong user growthIts cheapest plans for smaller durations have drawn inflation-hit consumers, who are looking to cut discretionary spending.
India fixed communication market revenue to hit $13.9 bn in 2027: ReportIndia’s fixed communication services revenue is expected to touch USD 13.9 billion in 2027 growing at a compound annual growth rate (CAGR) ...
Indian M&E industry to grow at 13.9% CAGR to reach Rs 2,419.4 billion by 2021: FICCI-KPMG reportThe 2017 report says M&E sector grew by 9.1% from Rs 1,156.5 billion in 2015 to Rs 1,262.1 billion in 2015, while overall advertising grew ...
Magzter looks to boost revenue from advertisementsThe company, which currently relies on subscription revenues, plans to set up an ad engine which will deliver ads to magazines hosted on th...
- Facing headwinds, Yahoo to cut jobs, invest more
Yahoo Inc posted a drop in quarterly profit on Tuesday and forecast 2008 revenue below Wall Street forecasts as it cuts jobs and invests to...