Friday , May 7 2021


Google business booms on Covid reopening; shares soar to record

Bloomberg Google’s results, showing a surge in ad sales related to travel and retail, offered a glimpse of online spending in a post-pandemic world: Businesses are boosting digital marketing to capture a public eager to resume something resembling normal life again. Google parent Alphabet Inc. said first-quarter revenue, excluding payments ...

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Microsoft posts $41.7bn sales in cloud-computing business

Bloomberg Microsoft Corp reported quarterly sales and profit that topped analysts’ estimates for a ninth straight quarter, lifted by booming cloud-computing demand. This time, investors weren’t satisfied. Sales in the period ended March 31 rise to $41.7 billion, the Redmond, Washington-based software maker said in a statement. That compared with ...

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TSMC says trade tensions could disrupt supply of chip equipment

Bloomberg Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, warned for the first time that trade tensions may disrupt its access to key production equipment and hit its operations, amid increasing friction between the US and China. The company, which produces semiconductors for Apple Inc. and other major global ...

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