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Business

Visa Reports a 10% Revenue Surge to $9.5B in Q1 2025, Beating Estimates

Visa Inc. reported a 10% increase in Q1 2025 revenue to $9.5 billion, exceeding estimates. GAAP net income rose by 5% to $5.1 billion, with a notable 8% increase in earnings per sh...

Business

Samsung's Q4 Earnings Surge: A 12% Leap to $52.5 Billion in Revenue

Samsung Electronics Co. announced a 12% increase in Q4 2024 revenue, reaching 75.8 trillion won ($52.5B), with operating profit at 6.5 trillion won. Despite a QoQ decrease, annual ...

Business

Italy Takes Immediate Action: DeepSeek Blocked Amid Data Protection Concerns

Italy's Data Protection Authority has ordered an immediate restriction on DeepSeek to protect user privacy, alongside launching an investigation. This comes after DeepSeek V3's lau...

Business

OpenAI Seeks $40 Billion in New Funding Round to Elevate Valuation to $340 Billion

OpenAI is in early talks for a new funding round aiming to boost its valuation by $40 billion to $340 billion, with SoftBank expected to lead the investment. Part of the funds will...

Business

Intel Faces a Tough Quarter: Q4 Revenue Drops by 7% to $14.3 Billion Amid Economic Challenges

Intel Corporation reports a 7% drop in Q4 revenue to $14.3 billion, with a significant GAAP diluted loss per share of $0.03. The company's full-year revenue decreased by 2% to $53....

Business

Apple Achieves Record Q1 2025 Revenue with $124.3 Billion, Driven by Strong Product Sales

Apple Inc. reports a 4% increase in Q1 2025 revenue to $124.3 billion, marking its best quarter ever. Strong product sales and a significant rise in services revenue contribute to ...

Business

Apple Achieves Record Q1 2025 Revenue with a 4% Surge to $124.3 Billion

Apple Inc. reported a 4% increase in Q1 2025 revenue to $124.3 billion, driven by strong product sales and a significant rise in services revenue. Despite a slight decrease in iPho...

Business

Samsung's Q4 Revenue Skyrockets by 12% to $52.5B Amid Market Challenges

Samsung Electronics Co. reports a 12% increase in Q4 2024 revenue to $52.5B, with operating profit at $4.5B. Despite market challenges, annual revenue hits second-highest record at...