Coinbase reports $1.1 billion in net loss, revenue drops 60% in second quarter
Largest cryptocurrency exchange Coinbase has reported a massive loss in both revenue and profit in the June quarter — logging
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Reports
China's Lenovo reports flat revenue, weakest in eight quarters
Total revenue came in at $16.96 billion, in line with an average Refinitiv estimate of $16.87 billion drawn from seven
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Snap plans to lay off employees, reports The Verge
The scope of the job cuts is currently unclear as managers are still planning it for their teams, the report
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Google back up after brief outage, reports Downdetector
Alphabet Inc’s Google services appeared to be back up after facing a brief global disruption on late Monday, according to
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Ola and Uber refute reports of merger discussions
Ola’s Aggarwal tweeted, “Absolute rubbish. We’re very profitable and growing well. If some other companies want to exit their business
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Chip shortages result in record wire fraud reports by desperate buyers
Companies looking for chips they could not find through authorized and vetted distributors were trying to buy them from shadier
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Russian ministry website appears hacked; RIA reports users data protected
Russia’s state news agency RIA late on Sunday quoted a ministry representative as saying that the site was down but
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Alibaba reports slowest growth yet amid COVID-19 outbreaks
The company reported a net loss attributable to shareholders of 16.24 billion yuan ($2.4 billion), more than triple the same
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Croma reports cooling appliances demand increases as refrigerator, AC sales go up
As per Croma’s ‘Unboxed Summer 2022’ report, sales of refrigerators have shot up more than 100 per cent over 2021,
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Apple supplier Foxconn reports 5% jump in Q1 profit
Apple Inc supplier Foxconn reported a 5% rise in first-quarter net profit, largely in line with estimates, as chip shortages,
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