Google’s US ad revenue to take a hit due to pandemic – Software- Tempemail

Google’s US advertising revenue will drop 5.3 percent as brands pare spending during the coronavirus pandemic, according to an eMarketer report, the first decline since 2008 when the research firm began estimating the unit’s ad revenues. The decline for the world’s largest digital advertising company is primarily due to its Continue Reading

Telkom Records R43 billion in Revenue, Up 3% | Tempemail

Image sourced from My Broadband South African network provider, Telkom has delivered a solid top-line performance in the year to 31 March 2020, with revenue increasing 3.0% to R43.0 billion, mainly driven by a 54.4% increase in mobile service revenue. The company says its performance was underpinned by capital investments Continue Reading

Oracle misses revenue estimates on virus-led order delays – Software – Finance- Tempemail

Oracle posted quarterly revenue below Wall Street estimates yesterday as the coronavirus crisis led clients in the hospitality, retail and transportation sectors to postpone purchases. Customers from industries hit hardest by the pandemic pushed back orders as businesses tightened spending to battle a sagging economy. Rival SAP SE had also Continue Reading

Dell Beats Revenue Estimates – Express Computer- Tempemail

Read Article Dell Technologies Inc beat analysts’ estimates for quarterly revenue on Thursday, boosted by demand for its workstations from companies moving more employees to work from home due to the coronavirus outbreak. Shares of the company rose 8.3% to $49.38 in extended trading. Revenue from client solutions group, that Continue Reading

SPH and Google join forces to grow subscriptions and ad revenue- Tempemail

Singapore Press Holdings (SPH) and Google have created a joint business plan to grow digital advertising revenue, hunt for subscription audiences in new platforms and develop their digital video content business. The publisher, despite being one of the largest media owners in Singapore, has been unable to compete with Google Continue Reading

ITV ad revenue down 42% in April, but productions slowly return- Tempemail

ITV has revealed that demand for advertising in April fell by 42% year-on-year, showing how dramatically the ad industry has tightened marketing budgets. The broadcaster released its first-quarter earnings for the three months to the end of March, which just lands inside the lockdown window. Total revenue was down 7% Continue Reading

EA Racks Up Higher than Expected Revenue as Gamers Stay Indoors | Tempemail

Sourced from Electronic Arts Inc. One of the world’s largest and most successful video game publishers, EA (Electronic Arts Inc) forecasts a full-year adjusted revenue above estimates projected for it by WallStreet. Experts believe this is because the company has been riding on the broader surge in videogame sales as Continue Reading

For cloud giants, usage soars but tech investment delays hobble revenue growth – Finance – Cloud- Tempemail

As lockdown orders force billions of people to work, learn and play from home during the novel coronavirus outbreak, usage has surged for the cloud computing services that power video conferencing, streaming television and online games. The world’s three leading cloud services providers – Amazon Web Services, Microsoft Azure and Continue Reading

Atlassian nets 6000 new customers, revenue up a third – Finance – Software- Tempemail

Australia’s Agile darling Atlassian has counted almost 6300 new customers this quarter, bringing revenue to US$411.6 million for the three months to the end of March. The number of new customers counts active subscriptions or those with maintenance agreements, bringing the total to over 171,000. The growth coincided with the Continue Reading

Amazon’s ad revenue defies coronavirus crunch with 40% boost to $3.9bn- Tempemail

Many ad companies and traditional media owners are braced for painful contractions as coronavirus brings marketing spend to a halt. However, Amazon’s ad business has emerged as a bright spot in the company’s Q1 financial update despite belt-tightening from brands in other areas. The e-commerce giant disclosed on Thursday (30 Continue Reading