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Technology / Media

Netflix Q2 profits double

Netflix Q2 profits double to $71 million while revenues from its streaming content service increased by almost 50% to $1.2 billion, compared to Q2 2013. The company's international segment is growing rapidly, its own content is winning…

Huawei half year sales rose 19 percent

Huawei half year sales increased by 19% year-on-year to 135.8bn yuan ($21.9bn). The Chinese multinational networking and telecommunications equipment and services giant reported an operating margin (profit margin) of 18.3%. The company has…

eBay profits rose six percent

eBay profits rose by 6% to $676 million or $0.53 per diluted share, and revenue by 13% to $4.4 billion, beating some analysts’ predictions while disappointing others. The online consumer-to-consumer giant continued to gain share as its…

Yahoo Q2 profits fell by 18 percent

Yahoo Q2 profits fell by 18% to $270 million and revenues also declined, by 3% to $1.084 billion, the Internet giant reported on Tuesday. The weak performance was mostly due to a steep drop in digital display advertising, which fell by 8%.…