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Disney posts 5% rise in revenue, but misses expectations

Disney has reported a 5% rise in revenue for the quarter ending June 27, but failed to meet analysts’ expectations…

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Twitter co-founder Jack Dorsey 'not satisfied' with user growth

Twitter’s second quarter earnings and revenues have exceeded expectations, but the company’s co-founder Jack Dorsey said he was “not satisfied”…

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Baidu posts second quarter profit of $559mn, misses expectations

Chinese online search giant Baidu has posted an operating profit of $559 million in the second quarter ending June 30,…

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Yahoo posts $21.6mn loss for second quarter

Yahoo has posted a net loss of $21.6 million in the three months to June 30, but chief executive Marissa…

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Huawei's smartphone sales up 39% in first half of 2015

Chinese firm Huawei has said its global sales of smartphones have increased by 39% in the first six months of…

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Microsoft posts $3.2bn loss after massive Nokia writedowns

Microsoft has posted a net quarterly loss of $3.2 billion after reporting $8.4 billion in writedowns. The technology giant had earlier…

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US investment bank Morgan Stanley posts $1.7bn profit

Morgan Stanley has posted a second-quarter net profit of $1.7 billion, down from the $1.8 billion reported in the previous…

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Paypal valued at almost $50bn after Nasdaq relisting

PayPal, the online payment firm, has been valued at close to $50 billion after it split from its parent company…

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Google posts 17% rise in quarterly profits

Quarterly profits of search giant Google increased by 17% to $3.93 billion compared to last year thanks to an 11%…

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Banking giant JP Morgan Chase reports 5.2% rise in profits

Exceeding expectations, JP Morgan Chase has posted a 5.2% increase in profits for the second quarter to $6.29 billion amid…

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Nigeria: President Buhari approves bailout package for bankrupt states

Muhammadu Buhari, the Nigerian president, has approved a $2.1 billion bailout package to assist bankrupt states in paying their salaries.…

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Manchester United reports £2.9mn loss as broadcasting, matchday revenues fall

Manchester United has posted a loss of £2.9 million in the first quarter of this year compared to a profit…

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Electric car maker Tesla posts loss, but revenues soar

Tesla has posted better-than-expected revenues of $893 million in the first three months of 2015, up 52% from the same…

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News Corp's net profits plummet as newspaper ad revenues, circulations fall

The Rupert Murdoch-owned News Corp has posted a 52% fall in net profits to $23 million for the third quarter…

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LinkedIn posts net loss, cuts revenue forecasts for next quarter

Cutting its revenue forecasts, LinkedIn has said that it expects to make between $670 million and $675 million in the…

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Casino giant Wynn posts $44.6mn loss after Macau business takes hit

Casino giant Wynn has posted a $44.6-million loss in the first quarter of 2015 compared with a profit of $227…

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Sales of new products 'disappointing'; Twitter's revenues hit

Twitter has posted revenues of $436 million for the first three months of 2015, an increase of 74% from the…

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iPhone sales take Apple's quarterly profit to $13.6bn

Apple has posted a profit of $13.6 billion in the first quarter of 2015, an increase of 33% from the…

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Ad revenues boost Google's profit to $3.59bn

Google has posted a 4% rise in quarterly profits to $3.59 billion for the first three months of 2015 compared…

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Amazon reports $57mn loss in Q1 of 2015, but revenues up by 15%

Amazon has reported a quarterly loss of $57 million for the first three months of 2015, though the online retailer's…

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