Twitter posts Q3 net loss due to lawsuit settlement
Twitter reported a net loss Tuesday mainly due to a litigation settlement. However, its revenue rose sharply during the third quarter thanks to solid ad...
Visa’s profits jump as credit, debit card spending recovers
NEW YORK, -- After the pandemic, consumers and businesses are returning to credit and debit card spending. This drove Visa Inc.'s most recent quarter...
Google ads gain fuels profit for parent company Alphabet
The continued rise in digital advertising spending at Google drove Google's parent company's profit to increase 68% in the third quarter.Alphabet Inc., Mountain View,...
Microsoft profit up 24% in quarter, driven by cloud growth
REDMOND (Wash.) -- Microsoft's cloud computing business saw a 24% increase in profit in the quarter ended July-September compared to the same period last...
Trump could get big ‘bonus’ shares in new social media firm
NEW YORK, -- Donald Trump’s social media company will receive tens to millions in bonus shares in a new publicly listed entity if it...
Gulf Arab states, squeezed by climate change, still tout oil
RIYADH , -- The global energy transition has never been more complicated than on the Arabian Peninsula. There, Saudi Arabia and other Gulf monarchies...
India’s top court probes spying charges against government
NEW DELHI , India's highest court has established a committee to investigate allegations that Prime Minister Narendra Modi used Israeli-grade spyware for monitoring political...
Amazon stumbles on slower sales growth, higher labor costs
NEW YORK, - Amazon isn’t just addressing pandemic-induced shopping splurges. Amazon, an online retailer giant, is also dealing with rising costs due to its inability...
Ransomware gang says it targeted National Rifle Association
RICHMOND (VA) -- An alleged ransomware gang operating out of Russia claims it has hacked the National Rifle Association. This is the largest gun-rights...
China tightens control over company data with transfer rules
BEIJING , -- Under proposed rules Friday, companies in China would need to obtain government approval before they can transfer sensitive data overseas. These...
BREAKING NEWS
Byju Raveendran Advises Businessmen to Leave US to Avoid Testifying
Mythili Devarakonda is a seasoned journalist who recently joined The American Bazaar as a Staff Writer in October 2024. With a master's degree in...
