Despite EU fine, Alphabet records $3.2 billion profit

Google's parent company beat all expectations with a profit of $3.2 billion for Q2 in 2018. CEO Sundar Pichai is hopeful of finding a solution to the Andriod problem that lead the EU to fine Google $5 billion. Jul 24, 2018
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After making a profit, Ola eyes IPO

The app-based ride-hailing service has finally begun making a profit of every ride, prompting CEO Bhavish Aggarwal to eye an IPO within the next four years. Jul 21, 2018

Microsoft investors celebrate after stock hits new record high

Growth in its software and Azure cloud services business bolstered Microsoft's stock to $108.20 in early trade, resulting in a market cap of $832 billion after its earnings call. The company is now a close third, in the race with Apple and Amazon to be the first $1 trillion company. Jul 21, 2018
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Comcast concedes defeat to Disney, withdraws bid for Fox

Comcast announced that it was dropping its $66 billion bid for Twenty-First Century Fox, clearing the path for Disney to take over the lucrative entertainment assets. Comcast will now focus on acquiring a stake in European broadcaster Sky. Jul 20, 2018
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Ola expands Australian services with Adelaide

The Indian app-based taxi service has announced operations in its sixth Australian city on Thursday. Riders in Adelaide will be offered discounted services as Ola begins services in the city. Jul 19, 2018
An Adidas sign

Adidas goes green; to use only recycled plastic by 2024

After IKEA, Starbucks and McDonald's, Adidas is the latest corporate to wean off plastic, as it announced that it would use only recycled plastic in all its products by 2024. The project will start this year and is estimated to save 40 tonnes of plastic annually. Jul 17, 2018