3587 Results for

%241.7 billion loss

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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

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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

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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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Amazon reveals that its AWS cloud service is a $5 billion business

For the first time, the e-commerce giant reports sales results for Amazon Web Services -- and they're whopping.

By April 23, 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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NSA's Internet spying will cost US tech vendors $47 billion

Forrester Research says the revenue hit to US cloud and outsourcing providers is less than initially expected because international customers boosted security instead of leaving.

By April 2, 2015

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LA Reservoir turned into ball pit to combat drought

The Los Angeles Reservoir has been covered with a layer of floating "shade balls" to prevent water loss to evaporation.

By August 13, 2015

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Fresh investment to help Uber boost India ridership to 1 million daily

Tata, a private equity fund that's part of the India-based conglomerate, has dropped significant cash into Uber to fund its expansion, though the companies didn't say how much it paid.

By August 19, 2015

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Samsung's Apple appeal denied. Next step: Supreme Court?

The US Federal Circuit Court of Appeals' decision means Samsung has two options: appeal the case to the Supreme Court or hand over to Apple hundreds of millions of dollars.

By August 14, 2015

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HTC announces layoffs as resurgence bid continues

The company says that it will cut 15 percent of its staff as it refocuses its business on "premium smartphones, virtual reality, and connected lifestyle products."

By August 13, 2015