Page 54 - Insider Intelligence News Today

Facebook parent Meta has posted sharply higher earnings for the third quarter, boosted by an increase in advertising revenue and lower expenses after it laid off thousands of workers.

Facebook parent Meta on Wednesday posted sharply higher earnings for the third quarter, boosted by an increase in advertising revenue and lower expenses after it laid off thousands of workers. The company based in Menlo Park, California, said that it earned $11.58 billion, or&#x2...

Chinese authorities raided the Shanghai offices of GroupM, Reuters reported.One current employee and two former ones were arrested.Three people linked to the

Google parent Alphabet and computing colossus Microsoft Tuesday reported that quarterly profits climbed on demand for cloud computing enhanced with artificial intelligence.Alphabet reported a quarterly profit of $19.7 billion, powered by money taken in from ads, YouTube, and cloud services.

Google parent Alphabet on Tuesday reported a quarterly profit of $19.7 billion, powered by money taken in from ads, YouTube, and cloud services.

Google parent Alphabet on Tuesday reported a quarterly profit of $19.7 billion, powered by money taken in from ads, YouTube, and cloud services. -Microsoft riding cloud - Tech giant Microsoft said Tuesday its profits rose in the latest quarter, boosted by its strength in the closely watched cloud services segment.

Shareholders of China's e-commerce powerhouse just can't get a break -- but one's coming sooner rather than later.

In the emerging business of ‘social shopping,’ TikTok dominates the social and is spending big to improve the selling. Amazon dominates selling, and is working on the social.

Right on par with Wall Street estimates, the streaming giant also garnered nearly 9 million new paid subscribers. However the generation of ad revenues continues to be a challenge

Amazon on Wednesday said it hopes to expand drone delivery into Britain and Italy by late next year, as it unveiled new warehouse robots and tech in its race to get shoppers what they want quickly.