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Intel Corporation has reported flat revenue for the first quarter of 2025, prompting the tech giant to unveil a sweeping $17.5 billion cost-cutting initiative aimed at streamlining operations and setting the stage for sustainable growth. According to its Q1 financial report released Thursday night, Intel posted revenue of $12.7 billion (N20.44 trillion), mirroring the figure

India's TCS posts small profits dip in 'challenging' environment by AFP Staff Writers Mumbai (AFP) April 10, 2025 Indian IT giant Tata Consultancy Services (TCS) reported on Thursday weaker-than-expected results for the March quarter, as lingering demand weakness weighed on the company's operations. TCS, the leader of India's $254 billion IT sector, earns the bulk

While Caesars Entertainment's brick-and-mortar business posted softer results, another excellent performance from the digital segment buoyed the operator in Q1. In its results for the three months ended 31 March, published Tuesday, Caesars posted $2.8 billion (£2 billion/€2.5 billion) in group net revenue, up 2% YoY. Adjusted EBITDA grew 4% from $853 million in the

Erith has paid its £17.6m bid-rigging fine two and a half years earlier than agreed, it has announced in its latest accounts. The London-based contractor, which is the holding company for Erith Construction, posted turnover of £255m for the 12 months to 30 September 2024. This was up 12 per cent from the prior year’s

Mark Coleman Demolition contractor Colemans has reported its highest revenue in four years. Newly published results for the firm, formerly known as Coleman Group and parent company of Coleman & Company, showed it turned over £20.5m in the year ending 30 April 2024. The figure is up from the £13m posted in the prior year

TechSpot is about to celebrate its 25th anniversary. TechSpot means tech analysis and advice you can trust. Bottom line: Unlike other tech giants like Microsoft and Google, Intel's bottom line is hurting this year. The company saw a $2.8 billion loss in Q1 – the worst in its history and a major hit at a time when

This code's For You — Posted algorithm code includes "is_democrat," "is_republican," and "is_elon." Kevin Purdy - Mar 31, 2023 10:24 pm UTC Enlarge / Twitter has posted what it states is the code used by its algorithm to recommend tweets to its users. Twitter has made good on one of CEO Elon Musk's many promises

Beard staff Regional contractor Beard has grown its turnover to £165m. The Swindon-based firm, which operates across the South of England, posted a 15 per cent hike in revenue for the 2022 calendar year. This beat its previous high of £159m in 2019, with 45 projects completed last year. Beard said “a release of pent-up