3597 Results for

%241.7 billion loss


Uber hit with lawsuit over alleged sexual assaults

The ride-hailing company is being sued after two women allege they were sexually assaulted by Uber drivers. The plaintiffs say Uber needs to do more to keep passengers safe.

By October 8, 2015


Uber suffers loss as judge grants drivers' suit class action status

A California judge rules that the employee vs. independent-contractor case that was limited to three drivers can now be expanded to thousands of drivers.

By September 1, 2015


Customers are slowly flocking back to Sprint as it narrows its loss

But Sprint finally ceded its position as the nation's third-largest wireless carrier as T-Mobile edged ahead of it on stronger growth.

By August 4, 2015


Sony to raise $3.6 billion in hopes of profitability

The company will sell additional shares and hold a bond offering to raise the required funds that it says will be used to help it transform "into a highly profitable enterprise."

By June 30, 2015


Facebook paid £4,327 in UK corporate tax in 2014

The social network's UK branch paid less in corporation tax than the country's average worker pays in income tax, following a trend of Silicon Valley behemoths avoiding the taxman.

By October 13, 2015


HTC continues to prove unprofitable as sales dwindle

Third-quarter financial results show the Taiwanese smartphone maker struggling both with the big names and the upstart Chinese device makers.

By October 5, 2015


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


BlackBerry confirms Android phone as its smartphone sales retreat

The BlackBerry Priv, which takes its name from both "privacy" and "privilege," will launch in the fourth quarter.

By September 25, 2015


Foxconn, Apple ponder buyout of Sharp LCD display business

Foxconn has proposed the buyout, which would give Sharp the chance to offload a failing unit.

By September 24, 2015


​Volkswagen apologizes, stops diesel sales in wake of US emissions scandal

German automaker orders its US dealerships to halt sales of affected cars, says that 11 million vehicles are impacted globally.

By September 21, 2015