profits
Neobanks’ moves toward profitability could be the path to public markets
At least a portion of the neobanking world is financially stable enough to consider public offerings.
Lyft confirms 90 layoffs as it targets profitability
Shares of popular American ride-hailing giant Lyft are off 1.5% today in regular trading after The New York Times reported that the company would cut some staff. TechCrunch confirmed with the company
Bloops! Motorola loses $3.6 billion
<img src="http://www.crunchgear.com/wp-content/uploads/2009/02/motorola-v190-g.jpg">Motorola <a HREF="http://www.pcworld.com/article/158797/motorola_reports_36b_loss_as_phone_sales_fall_by_half.html?t
Sprint Nextel At A Loss For Q1
What a shock. I am stunned. The carrier with the coolest phones, most awesome rate plans, and best service ever, Sprint Nextel, posted a loss for Q1 of 2007. Well a company as awesome and rad as Sprin
Motorola To Make A Killing Off You Through Cost Cutting
We all should know by now that the way a business makes money is by manufacturing a product at a low cost, then inflating the price by 200% and selling it to consumers. But Motorola doesn’t just
Circuit City Closing Up Shops
I have to admit, this news isn’t as shocking as it should be to me. Circuit City has fewer stores than Best Buy in my area and they’re always empty. The electronics retailer says it’
Better Use That Best Buy Gift Card Soon
In case you haven’t been paying attention to multiple consumer warnings about gift cards, consider this your final warning. Best Buy reported a $43 million profit for fiscal year 2006 thanks to