Facebook now has 2.85 billion monthly active users (MAUs), an increase of 10 per cent (year-over-year) while its daily active user base has reached 1.88 billion on average, an increase of 8 per cent....
International Finance Corporation (IFC) part of the World Bank group is planning an equity investment up to $15 million in Seabright IV, L.P (the "Fund", operating as Prime Venture Partners)....
Samsung Electronics on Thursday expected its semiconductor business to rebound in the current quarter following mediocre performance, although its mobile unit is projected to suffer a profit decline after spearheading its strong first-quarter earnings....
Apple has posted a record revenue of $89.6 billion for its March quarter which is up 54 per cent (year-on-year), delivering strong double-digit growth in each of its product categories, especially iPhones....
The US Federal Reserve on Wednesday kept its benchmark interest rates unchanged at the record-low level of near zero, as economic recovery gathers momentum on Covid-19 vaccination progress and strong fiscal support....
Jio Platforms is among the most influential companies in the world, according to the 2021 TIME 100 Most Influential Companies....
Independent think-tank Imagindia Institute has called upon the Reserve Bank to delay the ban on Amex, Diners Club....
The Indian economy is likely to grow at 11 per cent in the current financial year, said the Asian Development Bank (ADB)....
Amid the pandemic when millions stayed online, Alphabet which is the parent company of Google has posted strong financial results in the first quarter of 2011, reporting $55.3 billion in revenue which is up 34 per cent year-over-year....
Riding once again on its Azure Cloud business, Microsoft has reported strong growth with $41.7 billion in sales (up 19 per cent year-over-year) and $15.5 billion in net income for the quarter ended March 31...