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AP Restoration Hardware reported earnings that beat on profits but missed on sales. The high-end furniture retailer said it will prioritize earnings over revenues. Shares are down more than 10%. Watch Restoration Hardware trade in real-time here. Restoration Hardware shares are down more than 10% Wednesday after the high-end furniture retailer delivered earnings that beat on […]
When it comes to worldwide revenue in mobile games, Chinese and Japanese companies are starting to dominate the charts, according to measurement firm Sensor Tower. Sony has a big hit on its hands with the role-playing game Fate/Grand Order, which took the top position from Mixi’s big hit Monster Strike. While the two Japanese companies […]
Shona Ghosh/Business Insider British startup Mind Candy saw its revenues more than halve in 2016, as it failed to recapture the early glory days of its hit kids’ game “Moshi Monsters.” Mind Candy reported revenues of £3.43 million for the 12 months to 31 December, down from £7.2 million the prior year. It recorded a […]
The video game market has grown to $ 116 billion worldwide, and that makes it a big target for cyber criminals. Sony felt the sting of cyberattacks in 2011 when hacktivist group Anonymous took down its PlayStation Network. That forced Sony’s CEO to apologize to all of the company’s game customers. But that was hardly […]
Justin Sullivan/Getty Images Salesforce reported its third quarter earnings for fiscal year 2018 on Tuesday. The company previously announced that it expects to see $ 10.4 billion in revenues for the current year, fiscal 2018. Here’s what Salesforce reported: Revenue (GAAP) for the third quarter was $ 2.68 billion, compared to analyst expectations of $ 2.65 […]
(Reuters) — France, Germany, Italy and Spain want digital multinationals like Amazon and Google to be taxed in Europe based on their revenues, rather than only profits as now, their finance ministers said in a joint letter. France is leading a push to clamp down on the taxation of such companies, but has found support […]
Enlarge / The Tesla Model 3. (credit: Tesla) On Wednesday afternoon, Tesla released its Q2 2017 financial results: a loss of $ 401 million from total revenues of $ 2.7 billion over the three months up until June 30th. That’s more or less the same performance as the company reported for Q1 2017, but it does […]
Twitter’s share price has been on a long, slow slide since the company went public back in November of 2013. It’s currently trending around an all time low of $ 14 a share, but the stock price was up more than 10 percent in pre-market trading after the company reported strong user growth today. Last […]
BII What is eSports? History & Rise of Video Game Tournaments Years ago, eSports was a community of video gamers who would gather at conventions to play Counter Strike, Call of Duty, or League of Legends. These multiplayer video game competitions would determine League of Legends champions, the greatest shooters in Call of Duty, the cream […]
Terrorist groups including the Islamic State increasingly deprived of regular sources of income are now generating a large portion of their revenue by smuggling illegal migrants into Europe, a senior Italian intelligence official has said. The Islamic State (IS, formerly ISIS/ISIL) terrorist group, now pushed off large parts of the territory it seized in 2014 […]
