Long-term gambles causes Google's earnings to fall
The hiring of nearly 3,000 more employees and investing in “moon shot” projects like driverless cars and drones has caused expenses to increase by 30%.
Sony braces itself for major losses by slashing profit estimates
The electronics giant has slashed its expected income from €563 million to €183 million, a 67.5 per cent decrease, after disc market shrinks faster than expected
Twitter stock falls despite growth in revenue and users
The service surpassed Wall Street’s expectations thanks to a sharp increase in advertising revenue, but its slow growth rate has left investors concerned.
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Apr 30th 2014, 8:55 AM
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Facebook's plan for its mobile apps: grow userbase now, make money later
In a conference call, Facebook’s CEO Mark Zuckerberg said it would be a “few years” before Instagram would become an important business for the company.
Money repatriated abroad has fallen in the last six years
Statistics show that the amount of money earned in Ireland by migrants and temporary workers and then sent abroad has fallen since the Ireland’s economic downturn.