Alibaba warns of drop in e-commerce revenues due to coronavirus – Finance – Strategy – Cloud – Networking- Tempemail

Alibaba Group Holding Ltd warned of a drop in revenues at its key e-commerce businesses this quarter as the coronavirus sweeping China hits supply chains and deliveries. The warning from executives came during an earnings call for the quarter ending in December 2019, during which the company beat analyst estimates Continue Reading

India’s IT industry generates 191 billion in revenues; hires 205,000 employees in FY 2020- Tempemail

Read Article The Tempemail Association of Software and Services Companies (NASSCOM) today announced that the IT-BPM sector grew by 7.7% y-o-y garnering a total revenue of USD 191 billion in FY2020. On the side-lines of the flagship NASSCOM Technology and Leadership Forum (NTLF) 2020, the industry body showcased its Strategic Continue Reading

$15bn a year: YouTube reveals its ad revenues for the first time | Technology

Google’s YouTube advertising revenues topped $1bn a month in 2019, the company announced on Monday, the first time it has revealed how much money the streaming service brings in. But the news was not enough to satisfy investors who sold off shares in Alphabet, Google’s parent company, when it announced Continue Reading

YouTube’s star shines brighter as ad revenues jump to $15bn- Tempemail

The importance of YouTube to Google has been thrown into sharp relief after the tech giant published key metrics in its annual earnings report, confirming that the service pulled in $15bn in advertising revenue over 2019 and garnered 20 million paid subscribers. These numbers equate to a 10% contribute a Continue Reading

Intel posted better than expected revenues for Q4 2019, but 2020 will be a challenging year

The big picture: Intel beat analyst estimates for Q4 2019 with revenue in excess of $20 billion, mostly thanks to increased demand for its server chips. The company expects to do particularly well in the first half of 2020, but AMD still has a chance of chipping away more market Continue Reading

The past decade in numbers: SaaS revenues grew by $100 billion- Tempemail

Synergy Research Group’s detailed review of enterprise IT markets over the last ten years shows that annual SaaS revenues now exceed $100 billion, having grown by an average 39% per year. By contrast, during this period revenues from on-premise, perpetual license software have grown by an average of just 4% Continue Reading

Online video streams ahead with projected revenues of $149bn by 2026

The global video streaming market remains in rude health with the latest predictions from Allied Market Research estimating it will be worth a $149.34bn globally by 2026, up from just $38.56bn in 2018. A buoyant market is being driven by a rise in live-streamed content, the emergence of cloud-based video Continue Reading

Intel Q3/19 earnings: Record revenues, looking to recapture process lead, 14nm CPU supply issues persist

In context: Intel just closed the books on the third quarter, and as we enter Q4 19, Intel is looking to notch a record year. During the earnings call, CEO Robert Swan dished on a number of topics, including retaking process leadership, addressing the ongoing CPU shortage, and with Intel’s Continue Reading