Money Talks

Microsoft, Google profits surge on cloud computing, ad sales | Money Talks

Silicon Valley is on track to a banner year as tech profits surge, extending a strong run that began with the pandemic. Google parent Alphabet says earnings rose to almost 19 billion dollars in the third quarter, the highest on record. Microsoft profits also grew 48 percent to more than 20 billion dollars, beating expectations. Their combined revenues were up by a third to more than 110-billion dollars. Both companies got a boost from their cloud-computing businesses, as more people worked from home, and with some schools still doing remote-learning. The two are also selling more ads as audiences move toward digital media. Google is the world's biggest seller of advertising space, and saw a 41-percent jump in sales. Social media firm Twitter also reported strong growth in ad revenues. That's despite tougher privacy rules by i-Phone maker Apple, which companies like Facebook and Snapchat have blamed for slowing growth. #SiliconValley #Facebook #Google #TechStocks

Picture This: Brussels Attacks Anniversary

Picture This: Brussels Attacks Anniversary

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

Showcase: 'I Am Not Madame Bovary'

Showcase: 'I Am Not Madame Bovary'

Biz in 60: Evergrande nears default, SoftBank shares plummet, Saudi Telecom stake sale

Biz in 60: Evergrande nears default, SoftBank shares plummet, Saudi Telecom stake sale

Discarded clothing creates mountain of waste in Chile desert | Money Talks

Discarded clothing creates mountain of waste in Chile desert | Money Talks

Lebanese people turn to cryptocurrencies amid banking crisis | Money Talks

Lebanese people turn to cryptocurrencies amid banking crisis | Money Talks

Evergrande shares fall to 11-year low as company nears default

Evergrande shares fall to 11-year low as company nears default

UN seeks record $41B in humanitarian aid for 2022 | Money Talks

UN seeks record $41B in humanitarian aid for 2022 | Money Talks

South African businesses struggle under Omicron travel bans | Money Talks

South African businesses struggle under Omicron travel bans | Money Talks

Singaporean ride-hailing firm Grab raises $4.5B in SPAC listing on the Nasdaq | Money Talks

Singaporean ride-hailing firm Grab raises $4.5B in SPAC listing on the Nasdaq | Money Talks

US economy adds 210,000 new jobs, below expectations | Money Talks

US economy adds 210,000 new jobs, below expectations | Money Talks

Biz in 60: Turkey inflation, Kaisa debt crisis, DP World drops Haifa port bid

Biz in 60: Turkey inflation, Kaisa debt crisis, DP World drops Haifa port bid

OPEC+ members to raise monthly output by 400,000 barrels per day

OPEC+ members to raise monthly output by 400,000 barrels per day

Biz in 60: Turkey’s new finance minister, South Korea inflation, Disney’s first woman chair

Biz in 60: Turkey’s new finance minister, South Korea inflation, Disney’s first woman chair

Wall Street indices fall after US reports first Omicron case

Wall Street indices fall after US reports first Omicron case

Show More