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The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss. Source: https://cointelegraph.com/rss MicroStrategy says no plans to stop trading BTC as paper loss hits .3B
TikTok is facing yet another call from a prominent lawmaker for the app’s ban, Colorado Senator Michael Bennet, a Democrat who sits on the Senate Intelligence Committee, sent a letter to Apple and Google urging the companies to ban TikTok from their respective app stores. In the letter, Bennet says that “TikTok, in its current […]
As many Apple watchers have predicted, the company's financial results this quarter are a break from the last few years of nonstop growth. The iPhone maker reported a revenue of $117.2 billion for its first fiscal quarter (ended December 2022), which is five percent down year over year, marking the first time Apple's revenue is […]
It's no secret that the huge tech companies are still making money hand over fist, but there's also a noticeable slowdown going on. Google's parent company Alphabet is not immune — the company just reported its earnings results for Q4 of 2022, and just barely grew revenue year over year. The $76 billion the company […]
Amazon’s drone delivery program doesn’t seem to be off to a great start. The Prime Air division was said to be hit hard by recent, widespread layoffs. Now, a new report indicates that Amazon’s drones have made just a handful of deliveries in their first few weeks of operation. After nearly a decade of working […]