Companies

February 4, 2022 Mark Zuckerberg lost $29 billion of his net worth on Thursday as Meta Platforms shares suffered a record one-day slump, while billionaire Jeff Bezos raised his valuation by $20 billion due to Amazon's bullish earnings. more...

February 3, 2022 Australian banking and financial services company Westpac is planning to restructure its organization, which will help bring its services closer to people and reduce costs. To implement the plans, the company will reduce its corporate more...

February 3, 2022 U.S. District Judge Denise Cote dismissed the lawsuit, accusing Apple of misleading users about the water-resistance of its devices. According to Judge Cote, the three plaintiffs claimed that Apple's advertising could mislead users. However, they more...

February 3, 2022 Spotify forecast a decline in subscriber numbers for the current quarter, leading to an 18% decline in the company's shares. The company forecast 183 million paying subscribers for the current quarter, below analysts' expectations of more...

February 3, 2022 Alphabet shares soared more than 8% after the company reported record quarterly sales that beat expectations. This pushed the company to soon reach a market valuation of $2 trillion, and the company's stock market value more...

February 3, 2022 Social media platforms saw their shares fall after Facebook's fourth-quarter revenue and poor forecasts on Wednesday. Meta posted a 21% decline in its quarterly report, reducing its stock market value by about $200 billion. Social more...

February 3, 2022 Facebook reported a decline in daily active users for the first time and a lower-than-expected forecast for the current quarter. The company recorded 1.929 billion daily active users in the fourth quarter, down from 1.930 more...

February 3, 2022 GitHub suffered a global system outage, preventing access to the site, issuing commits, cloning projects, or performing pull requests. The reason for the outage has not yet been determined, but the GitHub status page says more...

February 3, 2022 The code that runs the website of the hugely popular puzzle game Wordle can be copied and saved to continue playing it for the next seven years. The discovery comes amid concerns that the New more...

February 2, 2022 PayPal Holdings Inc released its projected revenue and profit in the first quarter that fell short of expectations. The company is taking a direct hit from eBay's separation from its payment services. Paypal's operating agreement more...

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