102 Results for

$1.7 billion loss

Article

Marissa Mayer unveils make-or-break plan for Yahoo

The beleaguered CEO of the struggling Internet pioneer delivers a "bold" strategic plan. She is cutting jobs, selling patents and real estate, and inviting would-be acquirers to speak up.

By February 2, 2016

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Sprint's half-off promo pays off with 491,000 new customers

The nation's fourth-largest wireless carrier turns heads and gets back on the path to growth thanks to aggressive discounts.

By January 26, 2016

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After a string of losses, Sony sees good times ahead for profit

The company lost 126 billion yen ($1.05 billion) in the fiscal year ended in March, but it expects to turn that around with a 140 billion yen profit next fiscal year.

By April 30, 2015

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Sony posts $1.2 billion loss as mobile business falls off a cliff

Dragging down the rest of the company Sony's mobile unit posts a quarterly operating loss of $1.6 billion on $2.8 billion in revenue.

By October 31, 2014

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Sprint's customer growth returns, but Q3 loss doubles on charges

The carrier lost $2.38 billion in the quarter thanks to charges related to its wireline assets and its brand.

By February 5, 2015

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Feds take steps to bring broadband to low-income households

The FCC will seek comments on how to expand its $1.7 billion fund for subsidizing phone service for low-income families. The agency wants the fund to cover broadband service as well.

By June 18, 2015

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AT&T to record $10 billion charge in fourth quarter

The company expects a pretax loss due to changes in pension and post-employment plans and abandonment of certain copper assets.

By January 18, 2015

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Spotify's revenue soars, but growth comes at a cost, report says

In 2014, the Swedish music-streaming service's revenue reportedly rose 45 percent to $1.1 billion, but attempts to build out products nearly doubled its operating loss.

By May 8, 2015

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Apple promises green data centres to power Europe's iTunes, Siri and more

Apple is pumping €1.7 billion into two data centres that will be powered by 100 percent renewable energy.

By February 23, 2015

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Intel snared in $6B Israel divestiture hoax

A fake press release says the chipmaker is pulling out of its $6 billion investment because of the "destruction and loss of life resulting from Israel's recent assault on Gaza."

By August 7, 2014