Revenue Archives - TechStory

FPIs sell off 30 million Paytm shares, retail investors and mutual funds placing massive bets on firm

Sneha SinghNovember 2, 2022

In less than a year since Paytm initial public offering (IPO) was announced, Foreign portfolio investors (FPIs) have sold off 29.7 million shares. This counts a...

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Games24x7 establishes a fund for initial entrepreneurs worth Rs 400 crore

Sneha SinghNovember 1, 2022

Games24x7, the dominant leader in online gaming, is establishing Games 24x7 Ventures, a Rs 400 billion investment fund, to investigate early-stage targets in th...

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Due to the stalled growth, Comcast wants Internet users to pay more

Sneha SinghOctober 30, 2022

Comcast's issue is that it isn't gaining many new broadband subscribers. But Comcast also has a solution: charging more to current customers. With 32,163,000 re...

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42000 employees promoted by Cognizant India in FY22, spent millions in salary hike

Sumbul FaridOctober 23, 2022

Cognizant India Source: The Indian Express In the financial year 2021- 22, the Information Technology giant doled out promotions to to around 42000 of its sta...

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Adobe stock influenced by dollar, estimates for the next fiscal year disappoint

Sumbul FaridOctober 19, 2022

Adobe bawls out at the mere 9% growth estimated for the next fiscal year, whereas its revenue in the last quarter alone was recorded to have increased by 12.7%....

News

Goldman Sachs planning to eliminate 100+ roles in coming weeks

Thomas BabychanSeptember 13, 2022

New York based international investment banking company Goldman Sachs Group Inc is reportedly planning to lay off employees from more than 100 roles in coming w...

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FTX’s revenue surged 1000% in 1 year shows leaked documents

Reshab AgarwalAugust 22, 2022

FTX's revenue has surged 1000% in 1 year; shows leaked documents. The data says that in the financial year 2020-21, the operating income of FTX increased to $27...

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China COVID Limitations Cause Xiaomi to Report a 20% Revenue Decline.

NIsha JainAugust 21, 2022

Due to severe Covid restrictions on the mainland, China's Xiaomi Corp, a maker of smartphones, reported a significant decline in second-quarter revenue on Frida...

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Meta CEO says company’s pandemic-era forecast was too rosy
Mark Zuckerberg says how Meta's revenue growth was not as high as he had expected.

Disha MitraJuly 31, 2022

Meta CEO Mark Zuckerberg says company's pandemic-era forecast was too rosy.Source: Colors Of India This week, CEO of Facebook's parent company Meta, Mark Zu...

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Facebook revenue slows but user gains boost stock

Sandra Theres DonyApril 28, 2022

Meta Platforms Inc., Facebook's parent has been going through a rather tough phase as its revenue growth slows by a large margin. The company is going through a...

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