Snapchat’s quarterly revenue was just shy of $1.3 billion. Snap posted a net loss of more than $288 million in the quarter. The report marked the fourth straight quarter of net losses for Snap. Snap shares fell as much as 15% in after-hours trading.
A Russian court has imposed a fine of 2 undecillion rubles (a 2 followed by 36 zeros, equivalent to $20,000,000,000,000,000,000,000,000,000,000,000) on Google.
Amazon CEO Andy Jassy has hinted at an improved version of Alexa that can take actions on behalf of users. Jassy revealed this information during the company's Q3 2024 earnings call.
Apple has announced its financial results for the fourth quarter of fiscal year 2024. The company recorded revenue of $94.9 billion, a 6% increase year-over-year, setting a new record for the September quarter.
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