Category: Financial results

Twitter faces an existential crisis

Twitter has announced its quarterly earnings and while the numbers were a bit better than expected Twitter now has to work out what the point of it is.

Microsoft and IBM find joy in the cloud

Cloud computing has hit the headlines for Microsoft as the technology giant reported a year-on-year rise of 116% for Azure, while IBM continued to move in a cloudy direction.

Telefónica mulls fire sale, including O2 UK and Telxius

Debt-laden Telefónica has confirmed it is considering selling off parts of O2 UK as it seeks ways of balancing the books. Separately, it has also announced the IPO of infrastructure subsidiary Telxius will be going ahead.

Liberty Global posts $100m profit for Q2

Liberty Global has reported healthy growth for its second quarter, boosting revenues by 11% to $5.07 billion, with profits lifting to $101.1 million.

EE sale props up $3.5bn profits at Orange

Orange has released financials for the first half of 2016 where the team reported profits of $3.48 billion, largely due to the $12.5 billion sale of EE to BT, which was completed in late January.

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