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Snap misses user growth estimates, shares fall
Business 5 months ago

Snap misses user growth estimates, shares fall

Snap Inc said on Tuesday a bump in user growth at the start of coronavirus-led lockdowns petered out...
Netflix shares dive on profit miss despite user growth
Business 6 months ago

Netflix shares dive on profit miss despite user growth

Netflix reported a profit of US$720 million on revenue of $6.1 billion in the recently ended quarter...
Twitter shares take wing on plan for subscription platform
Business 6 months ago

Twitter shares take wing on plan for subscription platform

A subscription platform could be a way for Twitter to overcome challenges making money.
Sritex sees profit, revenue stagnate in Q1 despite COVID-19
Business 6 months ago

Sritex sees profit, revenue stagnate in Q1 despite COVID-19

Publicly listed textile company PT Sri Rejeki Isman (Sritex) saw its profit and revenue stagnate in ...
Garuda may increase fares as capacity cap hits revenue
Business 7 months ago

Garuda may increase fares as capacity cap hits revenue

Garuda flight traffic has dipped 83 percent year-on-year as of April. 
NY Times sees record gain in digital subscriptions
World 8 months ago

NY Times sees record gain in digital subscriptions

In its quarterly update Wednesday, the prestigious US daily said it added 587,000 new digital subscr...
Indosat's losses double in Q1 amid organization rightsizing
Business 8 months ago

Indosat's losses double in Q1 amid organization rightsizing

The publicly listed company recorded Rp 605.61 billion (US$40.37 million) in losses in the January-M...
New Zealand Rugby warns of 70% hit to revenue from coronavirus
Sports 8 months ago

New Zealand Rugby warns of 70% hit to revenue from coronavirus

NZR Chief Financial Officer Nicki Nicol said in a video conference the coronavirus had affected all ...
Microsoft revenue up as remote work feeds cloud demand, boosts Teams
Business 8 months ago

Microsoft revenue up as remote work feeds cloud demand, boosts Teams

The company's shares, which rose over 12 percent this year, were up about 5 percent in extended ...
AKR Corporindo profit up 13% in Q1 as COVID-19 impacts loom
Business 8 months ago

AKR Corporindo profit up 13% in Q1 as COVID-19 impacts loom

AKR Corporindo pocketed Rp 277.77 billion (US$18.03 million) in net profit, up 13 percent year-...
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