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Omdia: Power semiconductor market set for 6.9% decline in 2020 as COVID-19 hits smartphones & automotive

2020-04-30 20:56:12| Green Car Congress

Tags: set power market automotive

 

Twitter user growth hits record highs but bottom line turns to loss in Q1

2020-04-30 14:12:00| Telecompaper Headlines

(Telecompaper) Twitter lifted daily user numbers by almost a quarter in Q1 but reported results under expectations, impacted by the coronavirus pandemic. Revenues for the quarter rose 3 percent year-on-year to USD 808 million, reflecting a strong start to the quarter and later heavy hit by the covid-19 virus. Twitter said reduced expenses partially offset the revenue shortfall, resulting in an operating loss of USD 7 million, against a profit of 94 million the year before. The net loss went to USD 8 million, with a diluted loss per share of USD 0.07, from a profit of 191 million and 0.25 per share.

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Coronavirus hits profits at corporate America

2020-04-29 00:00:55| BBC News | Business | UK Edition

A raft of profit figures reveal differing fortunes for Google, Ford, chocolate giant Mondelez, and Starbucks.

Tags: america corporate hits profits

 

BP profits dive 66% as coronavirus hits oil demand

2020-04-28 09:19:16| BBC News | Business | UK Edition

The oil giant's income falls as global demand slumps due to the pandemic.

Tags: hits oil demand profits

 

AMP Robotics Hits Major AI-driven Recycling Milestone

2020-04-23 15:35:00| Waste Age

Growth continues as they solve for safety and productivity concerns around COVID-19. AMP Robotics Corp. (AMP), a pioneer in artificial intelligence (AI) and robotics for the recycling industry, just announced that it has processed one billion recyclables over the last 12 months. 

Tags: major hits amp recycling

 

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