Finance and Reporting

Facebook-owner has instigated an unprecedented freeze on new hires in response to slowing growth and difficult market conditions.

AMD’s acquisition of Xilinx earlier this year has turned the company into a “data centre powerhouse,” say analysts, and pushed the company to its first $5 billion+ quarter. 

But cloud computing business continues to grow strongly

CEO Mark Zuckerberg says the revenue acceleration that the company experienced during the pandemic has now levelled out

Microsoft's Q3 earnings beat analysts' expectations, thanks to strong growth in cloud-services demand.

Google parent Alphabet has reported weaker-than-expected revenue for Q1'22, blaming the result on supply chain issues, inflation concerns, and the conflict in Ukraine.

The company says corporation tax is based on profits, not revenues, and last year it made a loss

IBM investors claim the company misled them by shifting mainframe revenue to more modern departments like cloud and mobile technology, in order to prop up its stock price.