Intel Shares Slide After Foundry Business Posts $7 Billion Loss

Intel's share price falls 8.2 percent after its contract chip-making business posted an operating loss of $7 billion

2 months ago

Samsung Extends Chip Production Cuts After $7 Billion Loss

Electronics giant extends production cuts of memory chips after $7 billion loss in first half of 2023, but says the…

11 months ago

Meta Sells Giphy At Huge Loss After CMA Order

Mark Zuckerberg firm takes $260m (£210m) loss selling gif search engine Giphy, after UK ordered its divestment

1 year ago

Intel Posts Largest Ever Quarterly Loss, But Shares Rise

Intel posts largest ever quarterly loss in company history, coupled with a 36 percent decline in sales. But share price…

1 year ago

Amazon Posts Annual Loss Amid Restructuring

Worse than anticipated earnings for Amazon on Thursday, amid difficulties after pandemic boom and 18,000 job losses

1 year ago

Amazon Posts First Net Loss Since 2015, Amid Challenging Market

Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take…

2 years ago

HP To Cut 30,000 Jobs In Enterprise Unit

Yet more job misery for HP staff ahead of corporate split, with total job losses set to reach 80,000

9 years ago

Toshiba Loses £209m After Accounting Scandal

Fallout from accounting scandal continues to rock Japanese firm after it posts annual loss of £209m

9 years ago

Microsoft Reportedly Planning Fresh Job Cull

Reports claim Microsoft is planning a new wave of redundancies following 18,000 job losses last year

9 years ago

Sony To Cut 1,000 Mobile Jobs

Losses come under increased competition in the mobile market from the likes of Samsung and Apple

9 years ago

AMD Loss Widens As Restructuring Bites

AMD continues to feel the pain as it seeks to restructure its operations in a tough PC market

9 years ago

AMD To Axe 15 Percent Of Staff After Q3 Loss

AMD has confirmed it will slash another 15 percent of its workforce in an effort to return to profitability

12 years ago

HP Posts Largest Ever Loss After Huge Writedown

HP has posted the biggest loss in its 73-year history as it struggles to transform its personal systems and service…

12 years ago

HP Braced For Huge Loss After £5bn EDS Writedown

HP executives are bracing themselves for a huge Q3 loss due to a $8 billion writedown of the EDS acquisition

12 years ago

Sony Cuts 10,000 Jobs, Suffers Record Losses

New CEO Kazuo Hirai has to make tough decisions at Sony

12 years ago

Infosec: Missing Laptops Lose Over A Billion Euros

A European survey on the economic costs of almost 73,000 lost or stolen laptops puts the bill into billions

13 years ago