Apple Tariff Refund Adds $2.2 Billion to Quarterly Cash
Key takeaways Apple said it received a $2.2 billion tariff refund during its latest quarter. The payment boosted cash, but…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
Xbox 2030 Plan Targets Higher Margins Than Rivals
Key takeaways Microsoft wants Xbox to beat rival gaming platforms on profit margin by 2030. Profit margin is the money…
Qualcomm Chip Price Hikes Start September 1: What Changes
Key takeaways Qualcomm is reportedly set to charge more for some phone chips from September 1. Phone makers may absorb…
Reddit Q2 Earnings Beat Forecasts as Ad Sales Jump
Key takeaways Reddit reported revenue of $625 million, beating Wall Street forecasts. Ad sales powered the quarter as more businesses…
AWS Revenue Growth Hits Fastest Pace Since 2021
Key takeaways AWS posted its quickest sales growth rate since 2021 during Q2 2026. Amazon linked the jump to demand…
Amazon mobile satellites plan targets 5,408 spacecraft
Key takeaways Amazon has asked U.S. regulators to approve a network of 5,408 new satellites. The proposed system could support…
ByteDance AI Revenue May Reach $4B as Lark Is Reshaped
Key takeaways ByteDance reportedly expects its AI business to bring in about US$4 billion. The company is changing how it…
ED Investigates Gameskraft Over Alleged Bot Use, InMobi Comes Under Scrutiny
ED is investigating Gameskraft over alleged bot-driven illegal betting, with ad-tech firm InMobi also under scrutiny.
Govt to Allow Private Labs to Verify Electricity Meters in Billing Disputes
The government is considering letting private labs independently test electricity meters when consumers dispute their bills.
Tata Steel Ends 25-Year JV With Germany’s Martrade in ₹335 Crore Buyout
Tata Steel ends its 25-year JV with Germany's Martrade, buying out its 23% stake for ₹335 crore.