Tag: revenue
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IBM may sell its $1B Watson Health business: Report
IBM is mulling to sell its Watson Health business that is generating nearly $1 billion in annual revenue but is not profitable.
The Wall Street...
Amazon surpasses $100B in quarterly revenue for 1st time
After Apple, Amazon became the second US tech company to log its largest quarter by revenue of all time at $125.56 billion, as online...
Global baseband revenue hits $7.1bn in Q3 2020: Report
The global cellular baseband processor market grew 27 percent year-over-year to reach an all-time-high $7.1 billion in Q3 2020, a new report has said.
Qualcomm,...
GST revenue collections seen stable going ahead
Goods and services tax (GST) collections are likely to remain stable in case no major obstacles come up for the economy, such as the...
Zoom quadruples its revenue again, adds 63K new subscribers
Riding on the pandemic-driven remote work, video conferencing app Zoom has once again quadrupled its quarterly revenue, registering $777.2 million in its third fiscal...
Don’t blame us for news businesses revenue decline: Google
As Australia debates the draft News Media Bargaining Code that would govern the relationship between news businesses and digital platforms, Google on Monday said...
Pandemic hits Airbnb hard as company loses millions in revenue
Hit hard by the Covid-19 pandemic, the home-rental service Airbnb saw its gross booking revenue (GBV) nosediving by 39 percent to reach 18 billion,...
I-T profiling to help revenue dept nab fraudsters claiming fake GST credits
The government proposes to match GST data mentioned in Form 26AS with the turnover numbers provided while filing income tax returns.
The move is aimed...
Fitbit sells 3.3mn devices in Q3, Google acquisition delayed
Smart wearable brand Fitbit, whose acquisition by Google last November is set to be pushed to 2021 as the regulatory review of the transaction...
Twitter shares tank amid ad uncertainty in US election time
Twitter shares sank after it posted strong third-quarter earnings but fell short on user growth, as it faces ad uncertainty amid heightened scrutiny around...