Intel stocks fell 8% Friday, a day after the company reported disappointing second-quarter earnings that missed on the top and bottom lines. Read More
Business Updates
Trending topics and news from the Business Updates category
Back to news homeU.S. Economy Shows Another Decline, Fanning Recession Fears
A key measure of economic output fell for the second straight quarter, raising fears that the United States could be entering a recession — or perhaps that one had already […]
F.T.C. Chair Lina Khan Upends Antitrust Standards by Suing Meta
WASHINGTON — Early in her tenure as chair of the Federal Trade Commission, Lina Khan declared that she would rein in the power of the largest technology companies in a […]
Roku points finger at advertising slowdown for missing the mark on quarterly results
In this current climate, Roku needed a win. Despite the company reporting total net revenue growth of 18% year over year to $764 million– a nice increase from $737.7 million […]
Daily Crunch: Indian government orders Apple, Google to delist popular game BGMI from app stores
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Why, hello there, and welcome back to […]
Amazon’s shares rise on earnings beat, despite $2B loss
E-commerce giant Amazon reported its second-quarter results today, and despite inflation and a net loss of $2 billion, the results were surprisingly better than expected. All of the loss is […]
Apple’s services revenue growth slows to $19.6B in Q3, reaches 860M paid subscriptions
Apple released its third-quarter earnings on Thursday and reported $19.6 billion in services revenue, marking a 12% year-over-year increase, but narrowly falling short of Wall Street predictions of about $19.7 […]
YouTube’s new tool lets creators turn their own videos into Shorts
YouTube wants to quickly ramp up the number of short-form “Shorts” videos available on its platform in order to better compete with TikTok. To aid with this effort, the company […]
Apple beats on revenue and profit, expects growth to accelerate despite ‘pockets of softness’
Apple reported earnings on Thursday for its fiscal third quarter ending in June. Read More
Biden-Xi make plans to meet in person, U.S. official says — and China’s leader has strong words on Taiwan
U.S. President Joe Biden and Chinese President Xi Jinping ended a call Thursday with plans to arrange an in-person meeting, a senior U.S. official said. Read More