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  • Google (GOOGL) generated $54.48 billion in advertising revenue during Q3 2022

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.

Toshiba (6502) stock jumps on $19 billion acquisition rumor

The bid is being led by a consortium of multiple Japanese firms who aim to buy out foreign activist investors.

AMD slashes Q3 2022 revenue guidance by over $1 billion in preannouncement

As the PC market has weakened and the global economy remains troubled, AMD lowered revenue guidance in expectation of tough fiscal quarters ahead.

Saudi Arabia Spending $13 Billion on Acquiring “Leading Game Publisher”

Saudi Crown Prince Mohammed bin Salman has announced that The The post Saudi Arabia Spending $13 Billion on Acquiring “Leading Game Publisher” appeared first on PlayStation LifeStyle.

Saudi Arabia puts $13 billion aside to acquire a ‘leading game publisher’

The state-backed Savvy Gaming Group is set to invest $37 billion USD into gaming altogether, which will include acquisition of a major publisher.