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What CEOs Are Saying: ‘Situation Seems Worse Than It Did a Quarter Ago’

HS 30/07/2022

Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about the economy,...

Mark Zuckerberg’s Bid to Reinvent Facebook Parent Meta Hits Early Snags

HS 29/07/2022

Meta on Thursday walked back some new Instagram features central to the revamp that had drawn swift user backlash. The...

Facebook Parent Meta Platforms Reports First Ever Revenue Drop

HS 28/07/2022

The company reported quarterly revenue of $28.8 billion, down almost 1% from a year earlier and slightly below the $28.9...

More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales

HS 23/07/2022

Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with...

Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week

HS 23/07/2022

A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week,...

Netflix Loses Nearly 1 Million Subscribers, Vows Rebound

HS 20/07/2022

Netflix Inc. NFLX 5.61% suffered two consecutive quarters of subscriber losses for the first time in its history, and said...

Netflix Partners With Microsoft for New Advertising-Backed Option

HS 14/07/2022

Netflix Inc. NFLX 1.21% said it chose Microsoft Corp. MSFT -0.37% to help launch a low-cost, advertising-supported streaming plan, a...

Elvis Presley Movie Is Just the Start of a Flood of ‘King’ Content

HS 02/07/2022

The estate of Elvis Presley is banking on a new era of burning love for the King of Rock ’n’...

Chinese Internet Giants’ Ad Revenue Suffers as Business Confidence Wanes

HS 24/06/2022

Companies in China are cutting back on digital-ad spending as the economy slows and recurring Covid-19 outbreaks weigh on consumption,...

WSJ News Exclusive | Facebook Parent Meta Pulls Out of Sponsorship Deal for U.S. 250th Anniversary Project

HS 23/06/2022

WASHINGTON— Facebook parent Meta Platforms Inc. said Wednesday it has canceled its sponsorship agreement with the organization planning the federal...

Covid Fallout Flattens JD.com’s Online Birthday Bash

HS 20/06/2022

SINGAPORE—Chinese online shopping giant JD.com midyear e-commerce extravaganza recorded the slowest sales growth in at least five years, in the...

WSJ News Exclusive | Mental-Health Startup Cerebral Investigated by FTC

HS 15/06/2022

The Federal Trade Commission has begun an investigation into mental-health startup Cerebral Inc., according to a letter the FTC sent...

Sheryl Sandberg Built Meta’s Ad Machine but Someone Else Will Have to Fix It

HS 03/06/2022

Sheryl Sandberg created an advertising machine for Facebook parent Meta Platforms Inc. that capitalized on user data and fueled its...

Sheryl Sandberg Stepping Down as COO of Facebook Parent Meta Platforms

HS 02/06/2022

In a post on her Facebook profile, Ms. Sandberg said she would continue to serve as a member of Meta’s...

Tencent Posts Steepest Profit Decline Since Going Public

HS 18/05/2022

Tencent Holdings Ltd. TCEHY -6.29% posted its worst quarterly profit drop since listing in Hong Kong in 2004, with its...

Facebook Revenue Slows but User Gains Boost Stock

HS 28/04/2022

Facebook parent Meta Platforms Inc. FB -3.32% added more users than expected but posted its slowest revenue growth since going...

Alphabet Earnings Show Slowing Sales Growth on Digital-Ad Tumult

HS 27/04/2022

Google parent Alphabet Inc. GOOG -3.04% posted slower sales growth as global economic turmoil disrupted digital advertising spending.The company said...