News Formal

Big Tech Companies Reap Gains as Covid-19 Fuels Shift in Demand

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Strong sales from the tech powerhouses show how the pandemic has elevated use of everything from online shopping to social media to cloud services

Tech giants including Amazon.com Inc. and Google reported strong quarterly sales and profits that showed how pandemic-era demand for their digital services and gadgets is driving them to new heights even in the midst of a debate about their market power.

The financial results announced Thursday, which also included record revenue at Facebook Inc., illustrated again how increased remote working and living has elevated use of everything from online retail and social media to cloud computing services and digital advertising—accelerating...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big Tech CEO Senate hearing ends with little discussion on how to fix companies' liability shieldIn their written testimonies, the CEOs warn of the potential negative impacts of repealing key portions of Section 230. Both sides of the aisle get millions of dollars from tech, these hearing r for show. They are 10 times more powerful then the second most powerful lobby Hell is coming!!!!
Source: CNBC - 🏆 12. / 72 Read more »

Market Sell-Off, Earnings Deluge And Big Tech In The Spotlight by Squawk on the StreetSquawkStreet carlquintanilla jimcramer davidfaber Selllll everything!!! Hell is coming!!!
Source: CNBC - 🏆 12. / 72 Read more »