Finance

Facebook Revenue Q2 2018: Despite Higher MAUs, APAC Disappoints

The Social Media leviathan, Facebook Inc. (NASDAQ:FB) recently released it's earnings results for Q2 2018 and seems like, it is neck-deep in hot water! The air around Facebook cannot be under wraps for a long time, given its public esteem. Facebook witnessed...

Is Facebook On The Verge Of Becoming The Largest Wipe-Out In American History?

Facebook Inc. (NASDAQ:FB) has been a pioneer at setting up milestones. However, as per the  Second Quarter 2018 Results, Facebook's revenue deceleration is the talk-of-the-town and it looks like, Facebook is on the verge of becoming the largest wipe-out in...

Truecaller Acquires Chillr To Strengthen Its Presence In Mobile Payment Segment

In early 2017 when Truecaller launched Truecaller Pay, a UPI-based transaction feature, it became immediately clear that the caller identification company has big plans to penetrate the flourishing mobile payment industry. Today, the company has solidified its commitment by acquiring Chillr -...

SMEs And Startups In UK Should Wise Up When It Comes To Tax Avoidance

At the end of last year, small businesses received a bit of a wake-up call from HMRC. Specifically, it was reported that HMRC collected an additional £474million in corporate tax as a result of investigations into SMEs during the...

Has The “Cashless” India Reverted Back To Its Cash-Payment Preference, Yet Again?

Old habits die hard. An adage, it stands true for Indians and their long-standing preference for cash. As per recent reports, Indians have, most likely, retrogressed to their old habit of cash payment. An analysis of credit and debit card usage...

Xiaomi, The Whopping Loss And The Mega IPO: A Worrisome Scenario

Xiaomi Group published the deposit receipts prospectus (reported on June 7, 2018) which revealed that it has lost RMB 7 billion (more than $1 billion) on revenues of RMB 34.41 billion ($5.3 billion) in the first quarter of 2018. This...

India Sixth Wealthiest Country With Total Wealth of $8,230 Billion [REPORT]

Wealth has been a yardstick to measure the financial health of an economy and while, GDP imposes certain limitations, wealth defies them, making it a better gauge for many research organizations. AfrAsia Bank Global Wealth Migration Review 2018 provides the...

Apple Fiscal Q2 2018: The Best Second Quarter Ever For Revenue But iPhone Sales

Apple Inc. (NASDAQ:AAPL) has proved once again that smartphone business is not just about volume sales, it's about quality and brand value that could keep a company mint billions. By reporting strong quarterly earnings and revenue in fiscal Q2...

Facebook Q1 2018 Results Reflect Stoical Behaviour Against Recent Troubles

Facebook Inc. (NASDAQ:FB), the largest and recently beleaguered social network, continues to stack revenues and users amidst backlash. The privacy abuse and data mishandling fiasco didn't hurt Facebook's money machine and the business rose stoically as the company reported...

Twitter Revenue And Profit In Q1 2018: It’s Getting Momentum Back

Twitter Inc. (NYSE:TWTR) is having a triumphant 2018 as the company reported its second profitable quarter on Wednesday. The company trounced the Wall Street's expectations as its revenue clocked $665 million in Q1 2018, an increase of 21% YoY. The overall monthly...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions

Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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