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Tesla's Profit Plunges Again As Buyers Reject Musk's Politics
The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.
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With Asia Cup In Jeopardy, Pakistan Cricket Board Staring At Whopping Loss Of Rs...
The PCB's total budget for the fiscal year is around PKR 18.8 billion.
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Elon Musk's SpaceX Plans Insider Share Sale at $400 Billion Valuation
The per-share price of $212 is up substantially from the $185 set in a prior transaction that valued SpaceX at $350 billion in December. The deal marks a rapidly climbing values for the rocket and satellite maker, cementing SpaceX's status and value.
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Ravi Shastri Tells BCCI To Demand More Than 38.5 Per Cent Of ICC Revenue, Says "Pound Of Flesh..."
Ravi Shastri has reasoned that India and the BCCI complete deserve every bit of their large share of ICC's revenue.
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Meta, TikTok Challenge Tech Fees in Second Highest EU Court
Meta and TikTok have said that EU's supervisory fee levied on them was disproportionate and based on a flawed methodology. Meta told judges at the General Court it was not trying to avoid paying its fair share of the fee, but it questioned how the Commission had calculated the levy, saying it had been based on the revenue of the group rather than o...
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OpenAI Plans to Cut Microsoft Revenue Share After Restructuring: Report
OpenAI plans to share a smaller fraction of revenue with Microsoft as it moves ahead with its restructuring. OpenAI said the percentage of revenue shared with Microsoft would drop by at least half by the end of this decade.
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YouTube Testing Two-Person Premium Subscription Plans in India
YouTube is testing a two-person subscription plan for its Premium service. The company said that they are piloting the new tier in four countries, including India. It is expected to roll out to all users eventually. This is being seen as a move to push YouTube's subscription growth. Much like the Spotify Duo plan, the two-person YouTube Premium mem...
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Apple's App Store Drove Rs. 44,447 Crore in Sales for India-Based Developers in 2024, Study Shows
Apps developed by India-based developers were downloaded more than 75.5 crore times on Apple devices via the App Store’s 175 global storefronts in 2024. This resulted in the Cupertino-based tech giant’s ecosystem facilitating Rs. 44,447 crore in developer billings and sales in the same period, according to a recently published study. A 94 perce...
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Indian Telecom Operators May Hike Tariffs by December 2025 As Part of Tariff Repair Efforts: Report
Consumers in India may soon have to shell out more to continue enjoying telecommunications services. As per a report, telecom operators such as Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) could again commence a periodic tariff hike by the end of the year in line with their recent tariff repair efforts to enhance the revenue visibility. The ...
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Google Updates Chrome Extensions Policy to Tighten Rules Governing Affiliate Links
Google Chrome Web Store policies that govern extensions involving affiliate marketing links and codes have been revised. Affiliate links are an important income source for content creators, and the updated policy aims to stop extensions from injecting affiliate links that override those shared by creators. This change follows recent accusations aga...
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As Trump Eyes Ukraine's Rare Metals, Putin Offers Him Russia's Reserve
Ukraine and the United States are closer than ever to signing a deal that would grant Washington a share of Kyiv's revenues from natural resources.
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Vivo, Xiaomi Top India’s Smartphone Market in 2024; Samsung Slips to Third: Counterpoint
India's smartphone market saw a nine percent year-on-year (YoY) growth in revenue in 2024 on a wholesale price basis to reach a record high, as per a report by a market research firm. Samsung, which claimed the top spot in the global smartphone market share, slipped below Vivo and Xiaomi to third place in India's smartphone market share.
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Intel's Quarterly Revenue Tops Expectations as Investors Await New CEO
As Intel undergoes a historic transition and attempts to emerge from one of its bleakest periods, its December quarter results have beat analysts' low expectations. Shares of the Santa Clara, California-based company climbed 3.8 percent in after-hours trading. Last year, Intel's shares lost about 60 percent.
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5 Things to Know About Apple's Performance in India From CEO Tim Cook's Q4 Results Call
Apple reported its Q4 2024 earnings on Thursday, revealing that the company's revenue was up 4 percent to $124.3 billion and earnings per share were up 12 percent to $1.64. Services revenue hit a record $25 billion in Q4 2024. Apple CEO Tim Cook announced plans to expand Apple Intelligence features and noted 'double-digit' growth in Brazil, Mexico,...
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EA Revises Revenue Forecast After EA Sports FC 25, Dragon Age: The Veilguard Sales Disappoint
Electronic Arts shares sank more than 15 percent on Thursday. FC 25 was hit with mixed reviews as players bemoaned the lack of new features and innovation, including in-game physics and goal-scoring mechanisms, Jefferies analysts said.
-
Tesla's Profit Plunges Again As Buyers Reject Musk's Politics
The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.
-
With Asia Cup In Jeopardy, Pakistan Cricket Board Staring At Whopping Loss Of Rs...
The PCB's total budget for the fiscal year is around PKR 18.8 billion.
-
Elon Musk's SpaceX Plans Insider Share Sale at $400 Billion Valuation
The per-share price of $212 is up substantially from the $185 set in a prior transaction that valued SpaceX at $350 billion in December. The deal marks a rapidly climbing values for the rocket and satellite maker, cementing SpaceX's status and value.
-
Ravi Shastri Tells BCCI To Demand More Than 38.5 Per Cent Of ICC Revenue, Says "Pound Of Flesh..."
Ravi Shastri has reasoned that India and the BCCI complete deserve every bit of their large share of ICC's revenue.
-
Meta, TikTok Challenge Tech Fees in Second Highest EU Court
Meta and TikTok have said that EU's supervisory fee levied on them was disproportionate and based on a flawed methodology. Meta told judges at the General Court it was not trying to avoid paying its fair share of the fee, but it questioned how the Commission had calculated the levy, saying it had been based on the revenue of the group rather than o...
-
OpenAI Plans to Cut Microsoft Revenue Share After Restructuring: Report
OpenAI plans to share a smaller fraction of revenue with Microsoft as it moves ahead with its restructuring. OpenAI said the percentage of revenue shared with Microsoft would drop by at least half by the end of this decade.
-
YouTube Testing Two-Person Premium Subscription Plans in India
YouTube is testing a two-person subscription plan for its Premium service. The company said that they are piloting the new tier in four countries, including India. It is expected to roll out to all users eventually. This is being seen as a move to push YouTube's subscription growth. Much like the Spotify Duo plan, the two-person YouTube Premium mem...
-
Apple's App Store Drove Rs. 44,447 Crore in Sales for India-Based Developers in 2024, Study Shows
Apps developed by India-based developers were downloaded more than 75.5 crore times on Apple devices via the App Store’s 175 global storefronts in 2024. This resulted in the Cupertino-based tech giant’s ecosystem facilitating Rs. 44,447 crore in developer billings and sales in the same period, according to a recently published study. A 94 perce...
-
Indian Telecom Operators May Hike Tariffs by December 2025 As Part of Tariff Repair Efforts: Report
Consumers in India may soon have to shell out more to continue enjoying telecommunications services. As per a report, telecom operators such as Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) could again commence a periodic tariff hike by the end of the year in line with their recent tariff repair efforts to enhance the revenue visibility. The ...
-
Google Updates Chrome Extensions Policy to Tighten Rules Governing Affiliate Links
Google Chrome Web Store policies that govern extensions involving affiliate marketing links and codes have been revised. Affiliate links are an important income source for content creators, and the updated policy aims to stop extensions from injecting affiliate links that override those shared by creators. This change follows recent accusations aga...
-
As Trump Eyes Ukraine's Rare Metals, Putin Offers Him Russia's Reserve
Ukraine and the United States are closer than ever to signing a deal that would grant Washington a share of Kyiv's revenues from natural resources.
-
Vivo, Xiaomi Top India’s Smartphone Market in 2024; Samsung Slips to Third: Counterpoint
India's smartphone market saw a nine percent year-on-year (YoY) growth in revenue in 2024 on a wholesale price basis to reach a record high, as per a report by a market research firm. Samsung, which claimed the top spot in the global smartphone market share, slipped below Vivo and Xiaomi to third place in India's smartphone market share.
-
Intel's Quarterly Revenue Tops Expectations as Investors Await New CEO
As Intel undergoes a historic transition and attempts to emerge from one of its bleakest periods, its December quarter results have beat analysts' low expectations. Shares of the Santa Clara, California-based company climbed 3.8 percent in after-hours trading. Last year, Intel's shares lost about 60 percent.
-
5 Things to Know About Apple's Performance in India From CEO Tim Cook's Q4 Results Call
Apple reported its Q4 2024 earnings on Thursday, revealing that the company's revenue was up 4 percent to $124.3 billion and earnings per share were up 12 percent to $1.64. Services revenue hit a record $25 billion in Q4 2024. Apple CEO Tim Cook announced plans to expand Apple Intelligence features and noted 'double-digit' growth in Brazil, Mexico,...
-
EA Revises Revenue Forecast After EA Sports FC 25, Dragon Age: The Veilguard Sales Disappoint
Electronic Arts shares sank more than 15 percent on Thursday. FC 25 was hit with mixed reviews as players bemoaned the lack of new features and innovation, including in-game physics and goal-scoring mechanisms, Jefferies analysts said.
