Google owner Alphabet reported higher than expected third-quarter ad sales, a sign that the business is overcoming new limits on tracking mobile users and that online shopping is as popular as ever heading into the holiday season.
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Microsoft Says Supply Woes to Continue for Xbox, Sees Cloud Business Growth
Microsoft forecast a strong end to the calendar year thanks to its booming cloud business but said supply chain woes will continue to dog key units such as those producing its Surface laptops and Xbox gaming consoles.
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Twitter avoids revenue hit from Apple privacy changes
Twitter's advertising revenue was $1.14 billion during the quarter ended September 30, in line with consensus estimates.from Tech-Economic Times https://ift.tt/3be48r9
Alphabet earns record profit on Google ad surge
Google advertising revenue rose 41% to $53.1 billion during the third quarter. Alphabet's overall sales jumped to $65.1 billion, above the average estimate of $63.3 billion among analysts tracked by Refinitiv.from Tech-Economic Times https://ift.tt/3GqaPVz
Sundar Pichai sees JioPhone Next as crucial to Google’s India business
Alphabet Inc. sees demand in India coming from people looking to shift from feature phones to smartphones, CEO Sundar Pichai says during an earnings call. The JioPhone Next — jointly developed by Reliance Jio and Google — is set for a Diwali launch.from Tech-Economic Times https://ift.tt/3pLPFeN
OSlash raises $2.5 million in seed funding from Accel, others
OSlash, an enterprise software startup founded by Ankit Pansari and Shoaib Khan, will use the seed funding from Accel Partners and angel investors for hiring and expansion.from Tech-Economic Times https://ift.tt/2ZmZSmA
Huddle waiting for regulatory clarity before investing in drone space
Huddle, a startup accelerator and an early-stage investor, has consciously decided to wait till more clarity emerges from a regulatory standpoint before taking the plunge and funding drone companies, founding partner Ishaan Khosla told ET.from Tech-Economic Times https://ift.tt/3EiF5j7
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