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Business

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Twitter

Twitter books loss in Q1’20, clocks 24% Y-o-Y growth in monetizable daily active usage

Twitter has announced its earnings for the first quarter of 2020, and…
Tesla China

Tesla reports yet another profitable quarter, shares surge despite Musk’s ‘fascist’ comment on lockdowns

Tesla posted yet another profitable quarter, a signal towards how fast the…
Microsoft

Microsoft posts 15% growth in revenues year-on-year, shares surge

Amid major tech earnings reported today, Microsoft is among them as well.…

Facebook posts revenue growth in Q1’20 but ad revenues decline, defers Q2 guidance

Its earnings season folks, and we have some relatively good news from…
Google

Google-parent Alphabet beats Q1’20 earnings estimates, but warns of a ‘difficult’ 2nd quarter

Despite the growing traffic on places such as Facebook and Google, ad…

Samsung reports decline in earnings for Q1’20, expects damage to expand further in Q2

Samsung made its earnings for the first quarter of 2020 public, alerting…

VC funding in India barely passes the $2 billion mark in Q1 2020: KPMG report

It’s no secret that the world economy is reeling under coronavirus’ impact.…

Angry Birds maker Rovio clocks record rise in profits, announces new game ‘Small Town Murders’

Rovio Entertainment, maker of the popular “angry-birds” mobile game series, has recorded…

Reliance JioMart goes live on Whatsapp

Reliance industries’ latest venture to expand into the retail market, JioMart, has…

Vivo displaces Samsung as India’s 2nd largest smartphone maker by shipments, Xiaomi on top

The smartphone market in India performed exceptionally well in Q1 2020, despite…

AT&T CEO Randall Stephenson retires, current COO John Stankey to take over

AT&T is all set to welcome a new CEO in John Stankey,…
Google

Google plans to slash marketing budget by half, impose hiring freeze

COVID-19 is turning into a massive black hole that is gulping in…

Gojek has acquired Indonesian POS and payment services startup Moka in a $130M deal: Bloomberg

Fresh off from an industry-defying $1.2 Billion fundraise, Indonesia’s most valuable startup…

Snapchat parent Snap Inc. reports better than expected Q1’20 revenue and user growth, does not provide Q2’20 guidance

Snap Inc. on Tuesday reported the quarterly revenue and user base growth…
Netflix

Lockdowns help Netflix record 16 million new subscribers in Q1’20, reports lower-than-expected EPS

Streaming giant Netflix has released this year’s first quarterly earnings and has…
Loon

Alphabet owned Loon deploys first commercial internet balloons in Kenya

After what has been years of delay, Google’s Loon project seems to…

Facebook invests $5.7 Billion in Reliance Jio

In a deal that has been under media highlight for quite some…
Uber integrates metro ticketing via ONDC

Uber lands approval to be official business vendor for US federal agencies

Amid plummeting demand for ride-hailing services, Uber has landed a solid piece…

Apple expands App Store, iCloud, and Apple Music to dozens of international markets

Apple has announced the expansion of its services business to dozens of…