Tag Archives: top

Meta beats Q4 estimates on both the top and bottom lines

Meta beats Q4 estimates on both the top and bottom lines

Tech editor Dan Howley takes a closer look at Meta’s latest earnings beat alongside updates to its share buyback program. Video Transcript DAVE BRIGGS: All right, earnings alert here, investors hitting the like button on Meta earnings, up 13 plus percent after-hours after the company released its fourth quarter earnings. Share buyback, revenue beat. Dan Howley here with the most surprising thing you saw in this report. What do investors like, sir? DAN HOWLEY: Yeah, obviously, the stock buyback… Source link

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A window into Yandex’s censorship A source code leak reveals how Russia’s top tech company protects Putin’s image — Meduza

A window into Yandex’s censorship A source code leak reveals how Russia’s top tech company protects Putin’s image — Meduza

Last week, Russian Internet giant Yandex suffered a major source code leak when an unknown user (likely a former employee) published parts of the company’s internal repository online. The leaked code provides new insight into the inner workings of Russia’s largest search engine, which has faced growing criticism in recent years for cooperating with the Kremlin. Among other things, the breach confirmed that Yandex has censored image and video search results to prevent the Z symbol and… Source link

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Citadel Makes $16 Billion to Top Paulson’s ‘Greatest Trade Ever’

Citadel Makes $16 Billion to Top Paulson’s ‘Greatest Trade Ever’

(Bloomberg) — Ken Griffin’s Citadel churned out a record $16 billion in profit for clients last year, outperforming the rest of the industry and one of history’s most successful financial plays. Most Read from Bloomberg The top 20 hedge fund firms collectively generated $22.4 billion in profit after fees, according to estimates by LCH Investments, a fund of hedge funds. Citadel’s gain was the largest annual return for a hedge fund manager, surpassing the $15 billion that John Paulson… Source link

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Here’s what top CEOs are saying about a recession

Here’s what top CEOs are saying about a recession

DAVOS, Switzerland — At this year’s World Economic Forum, talk about a recession among top business leaders was flowing as freely as the high-calorie Swiss desserts. Yahoo Finance Live spoke with numerous leading CEOs to get their thoughts on the global economy, the Russia-Ukraine war, and the outlook for inflation. Here is what several big names in business had to say on the potential for a recession in the next year. More Yahoo Finance coverage of Davos 2023: A ‘mild’ and ‘shallow’… Source link

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India’s top court rejects Google plea to block Android ruling

India’s top court rejects Google plea to block Android ruling

BENGALURU — India’s Supreme Court on Thursday denied Google’s plea to block an antitrust ruling that forces the U.S. company to change how it markets its Android platform in the country. The decision marks a blow for the Alphabet unit in the world’s No. 2 mobile market, where research firm Counterpoint estimates 95% of smartphones run on Android. Source link

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India’s top court rejects Google plea to block Android antitrust ruling in major blow • TechCrunch

India’s top court rejects Google plea to block Android antitrust ruling in major blow • TechCrunch

Google has been dealt a significant blow in one of its key overseas markets. India’s Supreme Court on Thursday declined to block an antitrust order that requires the Android-maker to make a series of changes that could topple its financial viability. India’s apex court rejected to block the ruling against Google by the nation’s antitrust watchdog Competition Commission of India. The court extended the deadline for enforcement of CCI’s order by one week,… Source link

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