Buffett's Berkshire Buys Activision Blizzard Shares, Cuts Healthcare Positions
Microsoft announced its acquisition of "Call of Duty" maker Activision Blizzard on Jan. 18. Read more
3M Expects To Sell Fewer Covid-19 Masks This Year
But the US pharmaceutical group expects to see sales of its Covid-19 treatment pill to jump to at least $22 billion. Read more
YouTube Woos Creators To Fend Off Competition
Facebook and Instagram parent Meta has its own spin on the offering called Reels. Read more
Pfizer Sees Covid-19 Drug Sales Topping $50 Bn In 2022
The company expects to produce 120 million treatment courses for Paxlovid Read more
Amazon Holiday Quarter Profit Doubles
Facebook's parent firm Meta suffered on Thursday a plunge in stock value that was comparable to the size of New Zealand'... Read more
Facebook Parent Meta Sheds $200 Bn In Stock Plummet
One way out of Meta's troubles would be to acquire the next big thing in social media, as it has done previously. Read more
Spotify Shares Fall On Worries Over Slowing Growth Amid Rogan Row
The company reported a quarterly loss of 39 million euros ($44.1 million) as revenues increased 24 percent to 2.7 billio... Read more
Google Parent Alphabet Nearly Doubles Annual Profit
The firm predicts that its growth will continue in 2022 Read more
Boeing To Sell 34 777X Cargo Planes To Qatar Airways
Boeing last week reported a $4.1 billion quarterly loss due to one-time costs of $3.8 billion connected to problems with... Read more
Higher Prices, Fewer Covid-19 Closures Lift McDonald's Profits
The company also saw strong sales growth in several countries outside its home market, including France, Britain, Italy ... Read more
Apple Hits Revenue Record Despite Chip Shortage
Banner revenue at the App Store comes as Apple defends itself against accusations that its control over the online shop ... Read more
Samsung Reports 53% Jump In Profit Despite Supply Chain Woes
The conglomerate's overall turnover is equivalent to around one-fifth of South Korea's gross domestic product. Read more
Boeing Invests $450 Mn In Air Taxi Venture
Some other companies in the flying taxis space have envisioned piloted air taxies as a first step towards autonomous ser... Read more
Netflix Stung By Slowing Subscriber Growth
Facebook recently announced subscription price bumps in the United States, with the basic option now costing $9.99, and ... Read more
P&G Profits Up On Strong Consumer Demand, Higher Pricing
Net income for the quarter was up 10 percent at $4.2 billion on a six percent increase in revenues to $21 billion. Read more