The Indian technology sector, which has been a major contributor to the country’s economic growth, is facing a challenging period. According to Nasscom's Strategic Review 2023, India's tech sector revenue is projected to reach $245 billion in fiscal 2023,...
Facebook parent company Meta Platforms Inc has forecast a sluggish holiday quarter and significantly higher loss from Metaverse investments for the year ahead. Consequently, the brutal stock market reacted against the share value of Meta which tanked 20 percent...
India's largest IT service company Tata Consultancy Services, aka TCS, will hire 40,000 fresh graduates in campus selection during the ongoing fiscal year. The company has planned to strengthen its talent pool expecting better business to meet the growing...
The times are rosy and Bumble is certainly feeling the love!
After causing a stir aplenty with its first date with an IPO, Bumble, a social media company operating two dating apps, has also had the Wall Street analysts beat...
The above graph represents the worldwide Apple revenue by quarter, starting from fiscal Q1 1993 to Q3 2021. Apple global revenue in FY Q3 2021 increased an appreciable 36.4% YoY, to $81,434 million. This was the highest-ever June quarter...
Sweden based Spotify is one of the oldest and most popular music streaming services today. But users of this service who dodge their ads and commercial breaks by installing ad blockers in their browsers have long been like the...
Looks like Tim Cook is finding it tough to deal with the changing smartphone scenario as Apple is failing to keep its iPhone sales performance as impressive as in the past. In the recent development, Apple has further cut...
The above graph represents Facebook revenue and net income by year, starting from fiscal 2007 to the recently completed year. The company reported its highest-ever annual revenue of $70,697 million in 2019, with an impressive 26.6% YoY growth. However,...
The above graph represents Twitter revenue by quarter, starting from Q1 2011 to Q2 201. Twitter quarterly revenue increased a whopping 74% YoY in Q2 2021, to $1,190.427 million worldwide. On a quarterly basis, it was nearly 15% increase...
The above graph represents the worldwide Facebook revenue by quarter, starting from fiscal from Q1 2010 to Q3 2021. In fiscal Q3 2021, the social media giant recorded a strong 35.1% YoY growth in its quarterly revenue, amounting to...