When the cryptocurrency exchange Coinbase went public in April 2021, it was a triumphant moment for the nascent crypto industry. But the company has endured a grim 2022, grappling with…
Tag: revenue
Twitter Reports Revenue Growth as Elon Musk Prepares to Take Over
SAN FRANCISCO — Days before Elon Musk struck a deal to buy Twitter for $44 billion, he said he did not “care about the economics” of the company. As the…
Amazon Revenue Slows, and Costs Rise
In the face of a pandemic that appears to be receding and the highest levels of inflation in four decades, Amazon on Thursday posted its slowest quarterly growth in years…
Google follows YouTube in cutting off ad revenue to Russian state media
“In response to the war in Ukraine, we are pausing Google monetization of Russian state-funded media across our platforms,” Google said in a statement to CNN Business on Sunday. “We’re…
Amazon Posts Record Revenue; Cost of Amazon Prime Is Rising
An improving economy and a persistent virus are beginning to weigh on Amazon’s retail business, even as its cloud computing business grew and an investment lifted profits. The company, whose…
Trump’s Estate Tax Giveaway To Rich Triggered 50% Drop In IRS Revenue: Report
As Republicans bellyache about Democrats not balancing the budget, a new report reveals that a significant Trump administration estate tax giveaway that specially served the ultra-wealthy sparked a 50% plunge…