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Google Advertisement Surge, Online Shopping Drive Record Profit for Alphabet

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.

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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.

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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.

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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.

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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.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...