Samsung Electronics smartphone sales will increase in the holiday shopping season, with the general trend lasting into 2019, the company said when announcing its Q3 results. But competition and marketing expenses will cut into profits, and mobile revenue declined about 12 percent year over year....
It was unlikely that the Facebook’s Q3 earnings release could ever touch Q2 for drama — the social media site hemorrhaged 20 percent of its share price overnight. Those kinds of earnings fireworks are rare events. Get the Full Story Complete the form to unlock...
More than a month ago, eBay started managing payments on its U.S. marketplace platform, and on Tuesday (Oct. 30), the first results of that effort were in. The eCommerce operator, which released its third quarter 2018 results, said it has intermediated $38 million of gross...
GE, in conjunction with reporting a third-quarter loss of $2.63 a share, revealed that it is slashing its quarterly dividend, is reorganizing its Power unit and is the subject of a Department of Justice inquiry into accounting at the conglomerate. Get the Full Story Complete the...
Investors have their anxious eyes on Facebook this Tuesday (October 30), as the social media operator plans to report third-quarter 2018 results after the market close. The company suffered its biggest one-day market value loss in July on warnings of slow growth for the rest...
Payments processing firm First Data had headline results that sent the stock tumbling on revised guidance tied to FX headwinds — but underlying business trends show traction across key segments such as ISV channels and through POS offering Clover, which saw processing volumes up 45...
Paytm Mall, the eCommerce unit of One97 Communications, reported a net loss of ₹1,787 crore on total sales of ₹774.8 crore in the year ended 31 March 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Once upon a not very long time ago, the conventional wisdom was that advertising revenue on the web is mostly generated by a stable duopoly controlled by Google and Facebook. But as of the latest round of earnings releases, it is seeming increasingly like that...
More product improvements — and quick ones at that — seem to be in the mix for Snap as its daily active user base and its Q3 loss disappointed investors late Thursday (October 25), despite a 5 percent increase in average revenue per consumer. Get...
