Call Of Duty: Modern Warfare 2 Hits $1 Billion In Revenue In 10 Days, Faster Than Any Past CoD Title
Activision Blizzard has announced that Call of Duty: Modern Warfare II has surpassed $1 billion in global sell-through revenue over its first 10 days since release on October 28. Modern…
Elon Musk reportedly set to cut $1 billion in Twitter infrastructure costs
As Twitter loses millions a day, Elon Musk is set on staunching the flow by making cuts to servers and cloud services.
Amazon (AMZN) AWS revenue grew 27% from Q3 2021 to $20.5 billion
The company enjoyed AWS revenue growth in addition to beating EPS.
Facebook Reality Labs lost $3.67 billion during Q3 2022
The company anticipates Reality Labs operating losses in 2023 to "grow significantly year-over-year."
Google (GOOGL) generated $54.48 billion in advertising revenue during Q3 2022
While Google ad revenue was up year-over-year, it was down quarter-to-quarter in its Q3 2022 earnings results.
Google (GOOGL) reports Q3 2022 YouTube ad revenue of $7.07 billion
Like many of Google's Q3 2022 metrics, YouTube ad revenue was down significantly year-over-year against Q3 2021's $7.2 billion.
Amazon hit with $1 billion class action lawsuit in UK over antitrust allegations
The suit claims Amazon uses a 'self-favouring algorithm' that benefits the company at a detriment to consumers.
Tesla (TSLA) ended Q3 2022 with $21.1 billion in cash
Tesla has done well in keeping a large portion of its cash for further development and expansion through the end of its latest fiscal year.
Biden to expand U.S. EV battery manufacturing with $2.8 billion in grants
The Biden administration continues its efforts to boost U.S. manufacturing and processing of EV batteries.
Intel self-driving subsidiary Mobileye is targeting a $15.9 billion IPO
Shares are expected to be priced anywhere between $18 and $20 each.