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Adobe turns it up to 11, surpassing $11B in revenue

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Yesterday, Adobe submitted its quarterly earnings report — and the results were quite good. The company generated a tad under $3 billion for the...

Tinder’s interactive video series ‘Swipe Night’ is going international next year

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Tinder’s big experiment with interactive content — the recently launched in-app series called “Swipe Night” — was a success. According to Tinder parent company Match...

Microsoft reports a strong fiscal first quarter, but Azure’s growth rate...

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Microsoft posted quarterly results today that were well ahead of analysts’ expectations, but Azure’s growth rate continues to decline as it competes with AWS. The...

PayPal reports solid third-quarter results, with total payment volume growing 25%

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PayPal reported third-quarter results today that were slightly ahead of analysts’ expectations, driven by an increase in total payment volume. The company’s quarterly revenue grew...

Elon Musk predicts Tesla energy could be ‘bigger’ than its EV...

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Tesla CEO Elon Musk forecast that the company’s energy business will eventually be the same size as— or even bigger than — its automotive...

Spotify hits 108M paying users and 232M overall, but its average...

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Spotify added 8 million subscribers in the quarter that ended in June, slightly below the estimated 8.5 million figure, the streaming giant reported today. The...

Samsung posts 55.6% drop in second-quarter profit as it copes with...

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As it forecast earlier this month, Samsung reported a steep drop in its second-quarter earnings due to lower market demand for chips and smartphones....

Uber Eats, micromobility services are growing faster than Uber’s core ride-hailing...

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Uber’s ride-hailing business is growing more slowly than its newer bets. In Uber’s Q1 2019 earnings, the company reported gross bookings growth of 230%...

Uber lost another $1B last quarter

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Uber posted losses of $1 billion on revenue of $3.1 billion for the first quarter of 2019 in what was the company’s first earnings...

Drone company DJI loses $150 million to corruption

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(Reuters) — China’s DJI, the world’s largest maker of consumer drones, has discovered several cases of serious corruption at the company and expects 2018 losses...