Tag Archives: stores

The Guardian Alphabet: revenue soared for Google owner as Covid brought more people online Company exceeded Wall Street’s expectations with $55bn in revenue, even as it continued to face landmark antitrust lawsuits Alphabet, the Google parent company, saw revenue jump 34% from a year ago. Photograph: Marcio José Sánchez/AP Google’s parent company, Alphabet, reported record profits for the second consecutive quarter and a 34% jump in revenues but warned bumper traffic and ad sales during… Source link

Bloomberg Microsoft Sales Jump on Cloud; Shares Slip on Lofty Forecast (Bloomberg) — Microsoft Corp. reported quarterly sales and profit that topped analysts’ estimates for a ninth straight quarter, lifted by booming cloud-computing demand. This time, investors weren’t satisfied.Sales in the period ended March 31 rose to $41.7 billion, the Redmond, Washington-based software maker said Tuesday in a statement. That compared with the $41.1 billion average estimate of analysts polled by… Source link

Bloomberg Saudi Arabia in Talks to Sell Aramco Stake to Global Energy Firm (Bloomberg) — Saudi Arabia’s crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a “leading global energy company” as he forecast a rebounding economy in the aftermath of the coronavirus pandemic.The kingdom is looking at the potential sale — which could be worth about $19 billion, based on the company’s market value — as a way to lock in customer demand for the… Source link

Spotify, Tile, and Match Group aren’t exactly startups anymore. Neither is Epic Games, the maker of Fortnite, which last summer was valued at $17.3 billion. But these companies, which all rely on Apple and Google to host their apps, are locked in a battle with the tech giants that could trickle down to smaller companies and independent app developers. Several of these companies testified before a subpanel of the Senate Judiciary Committee on Wednesday, chaired by Senator Amy Klobuchar (D-MN),… Source link

Here’s what you need to know: An AirTag, which Apple introduced this week as an attachment that helps owners find lost items, and which Tile says is a copy of its trackers.Credit…Apple, via Reuters Tile said Apple boxed out its products and then copied them. Spotify said Apple blocked it from telling customers that they could find cheaper prices outside its iPhone app. And Match Group testified that it now paid nearly $500 million a year to Apple and Google in app store fees, the dating… Source link

Apple Inc. and Alphabet Inc.’s Google will come under close antitrust scrutiny Wednesday from lawmakers concerned about the way both companies run the marketplaces that give consumers around the world access to millions of apps on handheld devices. Senators Amy Klobuchar of Minnesota and Mike Lee of Utah, the chair and ranking Republican on the Judiciary Committee’s antitrust subcommittee, are leading the panel’s inquiry into potential anticompetitive practices in Apple’s App Store… Source link

Yandex Rovers is continuing to expand its reach by providing autonomous delivery services from Moscow supermarkets. Amid growing consumer appetite for on-demand food delivery, Yandex Self-Driving Group has expanded delivery by rover couriers beyond restaurants and its own Yandex.Lavka dark stores. Yandex Rovers has started making deliveries from Azbuka Vkusa and VkusVill supermarkets in the central Moscow district of Khamovniki, with plans to extend rover delivery to other… Source link

Tue Mar 23 2021 10:15:49 By: Ina Steiner Sponsored Link Yahoo is launching a new marketplace called Yahoo Shops that will feature 50 brands including Woo Skin Essentials by Projectwoo, Golden Secrets, and Act + Acre, with plans to grow to hundreds and then thousands of branded shops. But don’t confuse Yahoo Shops with Yahoo Stores, which is a store-hosting solution for individual merchants that has been around since the Dark Ages of the Internet. In an article on Yahoo Finance, Yahoo said… Source link

Fortnite maker Epic is closer to winning its battle with Apple and Google. CNET … Source link

(Reuters) – Apple said on Monday all its 270 U.S. stores have been opened, the first time in almost a year after it was forced to shutter several outlets because of the COVID-19 pandemic. The company has been cautious in re-opening its retail stores, using a team that includes medical experts to make its own calls on a county-by-county basis and sometimes shuttering stores again when local rules would otherwise allow stores to operate. The iPhone maker has also expanded its ‘Express’ format, a… Source link