Tag Archives: loss

Amazon stock tumbles 12% after reporting first quarterly loss in 7 years

Amazon stock tumbles 12% after reporting first quarterly loss in 7 years

Even mega-cap tech giant Amazon couldn’t bear up against the macroeconomic headwinds that imperiled Corporate America last quarter. Shares of Amazon (AMZN) plunged 12% on Friday, marking the tech giant’s biggest intraday drop since July 14, according to Bloomberg data. The slide wiped $170 billion off the company’s market valuation and sent the stock to its lowest level since June 2020. The sell-off comes at the heels of a disappointing earnings report from Amazon that showed a loss of… Source link

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Google’s new user controls let you limit ads about weight loss, parenting and more – TechCrunch

Google’s new user controls let you limit ads about weight loss, parenting and more – TechCrunch

Google is introducing new users controls to allow people to limit the number of ads they see about pregnancy, parenting, dating and weight loss. The company first announced ad controls for YouTube in the United States and enabled users to choose to see fewer gambling and alcohol ads. Since the initial launch, these controls have rolled out to users globally for ads on YouTube. The company announced today that it’s expanding these controls with new ad categories… Source link

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Google will let you request fewer ads about weight loss and dating

Google will let you request fewer ads about weight loss and dating

Google is expanding its sensitive ad categories options, letting users limit how many ads they see about dating, pregnancy, parenting, and weight loss, and making those settings apply to more places. The feature was introduced as a way to let people see fewer ads on YouTube about potentially addictive gambling or alcoholic products, but now it seems that Google is expanding it to cover other potentially uncomfortable or traumatic subjects. Your settings will now apply to all of Google’s… Source link

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Russia’s Yandex plunges to Q1 loss, may look at new listing

Russia’s Yandex plunges to Q1 loss, may look at new listing

People walk near the headquarters of Yandex company in Moscow May 23, 2011. The sign reads “Yandex”. REUTERS/Sergei Karpukhin Register now for FREE unlimited access to Reuters.com Register April 27 (Reuters) – Russian internet group Yandex (YNDX.O) plunged to a first-quarter loss and acknowledged on Wednesday that problems started appearing after Moscow sent troops into Ukraine on Feb. 24. The company, whose Nasdaq-listed shares were suspended in February and warned last month it did not have… Source link

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Nordstrom Settles Patent Suit After Yahoo’s $15M Trial Loss

Nordstrom Settles Patent Suit After Yahoo’s $15M Trial Loss

By Lauren Berg (April 22, 2022, 6:26 PM EDT) — A California federal judge Friday signed off on an agreement dismissing Nordstrom Inc. from claims that it infringed Droplets Inc.’s patented technology for quickly updating web pages, just a month after Yahoo Inc. was hit with a $15 million infringement verdict over the same claims. U.S. District Judge Jon S. Tigar signed a stipulation noting that the small Texas company and the Seattle retail giant have settled the dispute and agreed… Source link

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Netflix’s subscriber loss is a ‘body blow to the bull case’

Netflix’s subscriber loss is a ‘body blow to the bull case’

Make no mistake: The drop in Netflix’s (NFLX) subscriber count is a major setback for the company, Manhattan Venture Partners Head of Research Santosh Rao told Yahoo Finance (video above). “This is a body blow to the bull case — definitely to the Netflix story, the subscriber story,” said Rao. “Netflix was all about subscribers for so long… and it’s really taking it on the chin here.” Netflix’s stock tanked in response to its latest round of earnings, as shares dropped by more… Source link

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Netflix rocked by subscriber loss, may offer cheaper ad-supported plans

Netflix rocked by subscriber loss, may offer cheaper ad-supported plans

By Dawn Chmielewski and Tiyashi Datta (Reuters) -Netflix Inc said inflation, the war in Ukraine and fierce competition contributed to a loss of subscribers for the first time in more than a decade and predicted deeper losses ahead, marking an abrupt shift in fortune for a streaming company that thrived during the pandemic. The company said it lost 200,000 subscribers in its first quarter, falling well short of its forecast of adding 2.5 million subscribers. Suspending service in Russia after… Source link

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Google Cloud launches its new data loss prevention tool for BigQuery – TechCrunch

Google Cloud launches its new data loss prevention tool for BigQuery – TechCrunch

Inevitably, large businesses will collect all kinds of sensitive data. Often, that’s personal identifiable data (PII) of their customers and employees, or other information that only a select number of users should get access to. But as the amount of data that large businesses collect increases, manual data discovery and classification can’t scale anymore. With Automatic DLP [Data Loss Prevention], Google recently launched a tool that helps its BigQuery users discover and classify… Source link

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Mike Krzyzewski stoic after final loss to UNC

NEW ORLEANS — At the end of his last ride came a long walk. Beaten by his archrival, felled by a dagger of a 3-pointer in the final minute, Mike Krzyzewski unfolded his arms, got up off his courtside stool and strode calmly into retirement. He displayed no emotion when he shook the hand of North Carolina head coach Hubert Davis. Nor when Duke fans in the stands applauded reverentially and shouted “We love you, coach!” as he exited the floor. When Krzyzewski found his wife Mickie waiting… Source link

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‘We have suffered a huge loss here’

Berkshire Hathaway Vice Chairman Charlie Munger provided new perspective on how the role of local newspapers and traditional newsrooms are increasingly being replaced by untrustworthy voices. “We are going to miss these newspapers terribly,” Munger said at the Daily Journal’s annual shareholders meeting on Wednesday. “Each newspaper… was an independent bastion of power. The economic position was so impregnable… and the ethos of a journalist was to try to tell it like it is. And they… Source link

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