Parent Archive
Facebook parent posts first revenue decline as a public company
Meta (FB), Facebook’s parent company, reported revenue of $28.8 billion for the three months ending in June, a 1% drop from the prior-year quarter and its first year-over-year revenue decline since going public in 2012. The company’s profit fell far more sharply. Net income during the quarter declined
Sprint and T-Mobile parent companies to drop Huawei to appease regulators
The latest news on the Sprint/T-Mobile merger is here, and Huawei will not be happy about it. Sprint and T-Mobile are close to completing the merger of the two US carriers but some concerns about the two carrier’s parent companies need to be addressed. According to a
Google Offered to Buy Snapchat Parent for $30 Billion: Report
HIGHLIGHTS The offer was part of an informal dialogue between the two companies An offer to the tune of $30 billion continues to be on the table Snap went public in March this year Search engine giant Google had offered $30 billion (roughly Rs. 1,91,044 crores) to buy Snap – the