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2025-05-01 04:12:27| The Economic Times

Meta Platforms exceeded first-quarter revenue expectations, driven by strong advertising performance, and anticipates similar success in the second quarter. The company is increasing capital expenditures to bolster AI infrastructure, despite economic uncertainties and potential tariff impacts. While some advertisers are reducing spending, Meta's reliable platform positions it to benefit from market instability, though regulatory challenges in Europe loom.

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2025-05-01 04:07:45| The Economic Times

Eternal, formerly Zomato, anticipates strong revenue growth in Q4, fueled by Hyperpure and Blinkit. However, profitability is expected to decline significantly, with analysts projecting a substantial drop in profit after tax or even a loss. While food delivery margins are expected to improve slightly, Blinkit's expansion may lead to EBITDA losses due to new store additions.

Category: News and Media

2025-05-01 03:54:35| BBC News | Business | World Edition

The tech giant had been ordered in 2021 to allow greater competition and open the App Store up to outside payment options.

Category: News and Media

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