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Getty Facebook saw a decline in monthly active users for the first time in its history. It’s a big deal because the decline was in Europe, which has just introduced the strict new GDPR privacy regulation. It shows that regulation is capable of curtailing Facebook’s massive growth and capping its revenue. The worst is yet […]
This story was delivered to Business Insider Intelligence “E-Commerce Briefing” subscribers hours before appearing on Business Insider. To be the first to know, please click here. Amazon Prime now has 95 million members in the US, according to surveys conducted by Consumer Intelligence Research Partners, LLC (CIRP), marking 12% annual growth. This reflects a decrease from the […]
Samsung’s projected operating profit for April to June of 2018 is around $ 700 million more than its profit from the same period last year. At $ 13.2 billion, though, it’s still going to be much smaller than the $ 14 and the $ 14.4 billion profit it posted in the last quarter of 2017 […]
IN THE autumn of 1974 Paul Samuelson, a prominent economist and Nobel prizewinner, issued a challenge. Most stockpickers should go out of business, he argued. Even the best of them could not always beat the market average. But there was a snag. “If this advice to drop dead is good advice, it is obviously not […]
CENTRAL bankers and economists have spilled much ink in recent years on the question of why wages have not grown more. The average unemployment rate in advanced economies is 5.3%, lower than before the financial crisis. Yet even in America, the hottest rich-world economy, pay is growing by less than 3% annually. This month the […]
CENTRAL bankers and economists have spilled much ink in recent years on the question of why wages have not grown more. The average unemployment rate in advanced economies is 5.3%, lower than before the financial crisis. Yet even in America, the hottest rich-world economy, pay is growing by less than 3% annually. This month the […]
Russia’s Economic Development Ministry has slashed the country’s economic growth forecast for next year amid geopolitical uncertainty and a planned two-percent increase in value-added tax (VAT). The country’s gross domestic product (GDP) is now expected to grow by 1.4 percent in 2019 compared to the 1.9 percent growth projected this year, according to reports in […]
Global stocks fell as investors continued to parse the impact of ongoing tensions over trade between the U.S. and China. The Dow industrials fell more than 300 points in early trade.
IN 2017 the global economy broke out of a rut. It grew by 3.8%, the fastest pace since 2011. Surging animal spirits accompanied a rebound in business investment across the rich world. Global trade growth rose to 4.9%, also the fastest rate since 2011. Emerging-market currencies appreciated against the dollar, keeping inflation low and debts […]
Nvidia just reported record quarterly revenue of $ 3.21 billion for the three-month period that ended April 29. That is up 66 percent year-over-year from $ 1.94 billion. Increased demand for GPU-based artificial intelligence is one of the key factors driving Nvidia’s growth, but the company also saw huge jumps in spending in its gaming […]
