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...The justice department and a group of state and district attorneys-general filed the landmark case against Apple last month, accusing the tech company of abusing a smartphone monopoly....
...The landmark lawsuit filed on Thursday by the US Department of Justice, along with 16 state and district attorneys, accuses the group of imposing contractual limitations on developers while making it more...
...In a petition filed with the US Court of Appeals for the District of Columbia Circuit, the company claimed the law was unconstitutional, breaching users’ first amendment rights....
...Lyft expects adjusted earnings between $95mn and $100mn in the second quarter of the year, it said in its latest earnings report, well ahead of analysts’ forecasts for $81mn....
...Lyft expects adjusted earnings between $95mn and $100mn in the second quarter of the year, well ahead of analysts’ forecasts for $81mn. Shares rose 3 per cent after results were published....
...The SoftBank-backed group, which has been one of the biggest beneficiaries of an AI spending boom since it listed on Nasdaq in September, forecast revenues of between $3.8bn and $4.1bn for the year to March...
...Sales at Amazon Web Services, a critical profit driver for the ecommerce giant, rose 17 per cent to $25bn, ahead of analyst forecasts for $24.5bn....
...Shares of Los Angeles-based social media platform Snap jumped more than 30 per cent after its earnings beat analysts’ expectations as increasing demand for its advertising services boosted sales....
...Shares of Los Angeles-based social media platform Snap jumped more than 30 per cent after its earnings beat analysts’ expectations as increasing demand for its advertising services boosted sales.The company...
...In the second quarter of 2024, it estimated revenue in the range of $240mn to $255mn, above consensus expectations....
...In the second quarter of 2024, the social media group estimated revenue in the range of $240mn to $255mn, above consensus expectations....
...Ad revenue on YouTube also rose 21 per cent to $8.1bn, while Google Cloud services business had a 28 per cent increase to $9.6bn....
...the health of the broader industry....
...Revenues at the social media group rose 27 per cent to $36.5bn, just above analyst expectations of a rise to $36.2bn....
...Niccolo Caldararo Department of Anthropology, San Francisco State University, CA, US...
...In the first three months of this year, revenue rose 23 per cent to a quarterly record of $2.51bn and adjusted ebitda jumped 82 per cent to $371mn. Those were both better than forecast....
...Revenue for the fourth quarter of the year was up 11 per cent to $9.29bn, which slightly exceeded expectations of $9.23bn....
...A federal court in Washington began hearing closing arguments on Thursday after a 10-week trial in which the DoJ accused Alphabet, the parent company of Google, of suppressing search rivals by paying tens...
...The brokerage, a unit of Warren Buffett’s Berkshire Hathaway, was the last remaining defendant in cases that the National Association of Realtors trade group agreed to settle for $418mn in March....
...Apple chief executive Tim Cook credited iPhone sales, which rose 6 per cent to $69.7bn, and an “all-time revenue record in services”, with the number of active Apple devices surpassing 2.2bn....
...Musk announced internally on Monday that the head of the superchargers group, Rebecca Tinucci, and Daniel Ho, head of new products, would be leaving along with their entire teams....
...The capability of new artificial intelligence models will surpass human intelligence by the end of next year, so long as the supply of electricity and hardware can satisfy the demands of the increasingly...
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