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Stories
Coinbase, Largest US Crypto Exchange, Bounces Back From A Challenging Quarter With $557 Million In Revenue.
Coinbase, a popular cryptocurrency exchange, has reported a net loss of $557 million in the fourth quarter of 2022, according…
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Trends
Adidas warns of losses after the cessation of the Yeezy deal with Kanye West; may undergo losses of 1.29 billion USD
The once-profitable collaboration between Adidas and Kanye West, also known as Ye, can cause a massive loss to the sportswear…
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Stories
Twitter has suffered a massive loss in advertising after Elon Musk’s Takeover: Here’s why
Elon Musk’s ownership of Twitter is followed by many setbacks. Top advertisers on Twitter have declined their spending after Elon…
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Stories
Amazon and Google to join in the bandwagon of layoffs
Many tech companies have been firing a massive number of employees to cut down costs amidst a looming economic recession.…
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Stories
Meta to go through another round of layoffs? Here’s why
Meta has declared that it has handed over pink slips to 11000 employees, which accounts for a tenth of its…
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Trends
Tata Motors Q2 Results: Company posts higher-than-anticipated net loss of 945 crore; revenue increases 30%
Tata Motors Q2 Results: Company posts higher-than-anticipated net loss of 945 crore; revenue increases 30% Major automaker Tata Motors posted…
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Trends
Adani Enterprises Q2 profit rises 117% to Rs 461 crore
Adani Enterprises Q2 profit rises 117% to Rs 461 crore Adani Enterprises, the parent company of the Adani Group, reported…
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Trends
US tech layoffs increase as the world faces a severe recession
The global recession followed by surging inflation has caused layoffs in many prominent tech firms around the globe. Layoffs have…
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Trends
Results for Paytm Q2: Net Loss Broadens to Rs. 571 Cr.; Revenue Increases by 76%
Results for Paytm Q2: Net Loss Broadens to Rs. 571 Cr.; Revenue Increases by 76% One97 Communications, a provider of…
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Stories
Elon Musk plans to eliminate 25% of workforce to cut costs
Twitter was acquired by Elon Musk the previous week. Currently, he plans to let go of a quarter of its…
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