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Tech News
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IAC posted a 15% rise in second-quarter core profit on Monday, helped by the steady growth of its biggest business and...
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Tech News
/ 3 months agoMercadoLibre misses profit estimates as Brazil free-shipping boost hurts margins
Latin American e-commerce giant MercadoLibre on Monday posted a 1.5% dip in its second-quarter net profit from a year earlier, missing...
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/ 3 months agoKyndryl’s first-quarter profit soars as renegotiated contracts aid margins
Kyndryl Holdings’ first-quarter profit soared more than five-fold, the company said on Monday, as the former IBM unit’s renegotiation of contracts...
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Tech News
/ 3 months agoFigma sheds $11 billion in market value days after blockbuster IPO
Shares of Figma slumped 23% on profit taking on Monday, as euphoria over the design software firm waned days after its...
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Tech News
/ 3 months agoAmazon overhauls Wondery podcast studio, cuts 110 jobs
Amazon.com is restructuring the Wondery podcast studio by shifting its award-winning narrative podcasts such as “Business Wars” to Audible and consolidating...
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Tech News
/ 3 months agoKaynes Tech unit to invest $570 million in India’s Tamil Nadu state
Kaynes Technology India said on Monday its unit will invest roughly 49.95 billion rupees ($570.40 million) over the next six years...
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Tech News
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Genstar Capital is exploring a sale of OEConnection, which it aims to value the automotive software provider also backed by Ford...
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Tech News
/ 3 months agoBosch’s India unit posts higher quarterly profit on strong auto parts sales
Bosch reported a higher first-quarter profit on Monday, helped by strong sales of spare auto parts to passenger and off-highway vehicles...
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Tech News
/ 3 months agoOnsemi posts quarterly revenue drop, sees dull third-quarter profit on market uncertainty
U.S. automotive chipmaker Onsemi on Monday forecast lackluster profit for the third quarter, after reporting a sharp decline in second-quarter revenue,...
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Tech News
/ 3 months agoTower Semiconductor forecasts quarterly revenue above estimates on steady chip demand
Israeli contract chipmaker Tower Semiconductor forecast third-quarter revenue above Wall Street expectations on Monday, driven by steady demand for its chips...
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