Alexa and AWS Star as Amazon Reports Jump in Quarterly Profit

Amazon reported on Thursday that profit leapt during the year-end holiday shopping season, but the tech giant saw shares sink as revenue fell shy of high expectations. While revenue rose to $43.7 billion (roughly Rs. 2,94,481 crores) from $35.7 billion (roughly Rs. 2,40,572 crores) in a similar year-over-year comparison, Wall […]

EA Posts Unexpected Profit on Higher Game Downloads

Video-game publisher Electronic Arts Inc, known for titles such as FIFA and Star Wars Battlefront, reported an unexpected first-quarter profit, helped by higher downloads of its games. The company’s digital business, where players download digital versions of games, generates higher margins than sales of physical discs. EA’s shares initially rose […]