[unable to retrieve full-text content]Ride-Hailing Market 2023 Growth, Trend, Share, and Forecast till … Digital Journal Source link
Read More »Google Cloud Rewards and Invites Freename in Its Startups Program: Benefits, Training and Growth – Yahoo Finance
[unable to retrieve full-text content]Google Cloud Rewards and Invites Freename in Its Startups Program: Benefits, Training and Growth Yahoo Finance Source link
Read More »McDonald’s to open 1900 locations in 2023, US franchisees encouraged by growth
McDonald’s (MCD) plans to open 1,900 new locations in 2023. More than 400 of the new Golden Arches will be in the U.S. or in its internationally operated markets, including Germany, Canada, France, Australia, Canada, and the U.K. The remaining 1,500 will be in developmental licensee and affiliate markets, including 900 in China. The fast-food giant plans to spend $2.2 billion to $2.4 billion on capital expenditures, “half of which will be dedicated to new net openings,” CFO and EVP Ian Borden… Source link
Read More »Dave’s Hot Chicken eyes growth, undeterred by competitors Chick-fil-A & Raising Cane’s
Dave’s Hot Chicken Co-Founder Arman Oganesyan said his pop-up tent turned national food chain is focused entirely on its food and its customers, allowing it to stand out among its mega competitors. “You always have your big chicken competitors like the Chick-fil-A’s and the Raising Cane’s, but [again] we like to focus on our food. We like to focus on our customer,” he said to Yahoo Finance Live. Its menu includes 4 combo meals that feature chicken tenders or chicken sandwiches, and include… Source link
Read More »Microsoft’s growth rate may have just bottomed: Analyst
There is light at the end of the tunnel for Microsoft (MSFT) as a global economic slowdown weighs on the tech giant’s growth, argues Piper Sandler analyst Brent Bracelin. Microsoft growth rates are “going to bottom here either this quarter, the current quarter they reported, or the next quarter,” Bracelin said on Yahoo Finance Live (video above). “So we are close to saying the worst declines are over for these non-cloud segments like Windows and devices and advertising.” While that may provide… Source link
Read More »Microsoft earnings beat expectations, cloud growth continues to slow
Microsoft (MSFT) announced its Q2 earnings after the bell on Tuesday, barely missing analysts’ expectations on revenue and beating on earnings per share. Here are the most important numbers from the report compared to what analysts were expecting from the quarter, as compiled by Bloomberg. Revenue: $52.7 billion vs. $52.9 billion expected Adjusted EPS: $2.32 vs. $2.30 expected Productivity and Business processes: $17 billion vs. $16.8 billion expected Intelligent Cloud: $21.5 billion vs. $21.4… Source link
Read More »Salesforce faces two activist investors amid layoffs, slowing growth
Already under siege from Wall Street analysts amid slowing growth, Salesforce execs have returned from schmoozing clients in the Swiss Alps at The World Economic Forum only to be greeted by one of the most feared activist investors in the game. Elliott Management has taken a multi-billion dollar position in Salesforce, a source familiar with the matter confirmed to Yahoo Finance, adding that the investment management behemoth may push for a board seat. “Salesforce is one of the preeminent… Source link
Read More »Google Reportedly Working on Apple AirTag Alternative As Personal Tracker Market Sees Growth and Consolidation
Apple Inc.’s AAPL AirTags have remained dominant in the Bluetooth tracker market, with people spending billions to help keep track of their things. But there hasn’t been a viable alternative. Tile, which only tracks using the owner’s device, lost its competitive edge after Apple implemented tracking features associated with pinging nearby phones. MaxTracker, a startup raising funds on StartEngine, is improving on Tile and AirTag technology. MaxTracker is creating a 5G device that uses… Source link
Read More »Microsoft to cut 10,000 jobs, as PC sales, cloud growth decline
Microsoft (MSFT) announced on Wednesday that it is laying off 10,000 workers as part of an effort to cut costs at the tech behemoth. The layoffs impact roughly 4.5% of Microsoft’s 221,000 total employees. The cuts are expected to be completed by Microsoft’s fiscal Q3, which ends March 31. Microsoft says the layoffs will result in a $1.2 billion charge, representing -$0.12 per share. The Redmond-based company previously announced layoffs in October, shedding as many as 1,000 jobs, according… Source link
Read More »google: CCI order will stall Android growth, Google tells SC
Google has said the Indian antitrust order against it may stall the growth of the Android ecosystem as the company will need to modify its existing contracts, introduce new license agreements, and alter existing arrangements with more than 1,100 device manufacturers and thousands of app developers. In an appeal before the Supreme Court, the search engine giant said the Competition Commission of India’s order asking it to make changes in the Android ecosystem would require the company to… Source link
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