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Technology 15 May 2017 | 11:17 AM

US companies push hard for lower tax rate on offshore profits

Major US multinationals are pushing the Trump administration to deepen the tax break it has already tentatively proposed on US$2.6tril (RM11.21tril) in corporate profits being held offshore, a key piece in Washington's intricate tax reform puzzle.

TECH 28 Nov 2016 | 12:00 AM

Apple leads in smartphone profits with 91% share

Maker of iPhones, Apple, has dominated the profit charts from smartphone sales with 91% share of profits from all smartphones sold in the third quarter of 2016.

TECH 11 Aug 2016 | 11:18 AM

Deutsche Telekom sees profits fall on big charges

German telecoms heavyweight Deutsche Telekom reported a slide in net profits in its second quarter, with one-off charges offsetting growth in the key US market.

Technology 27 Apr 2016 | 9:19 AM

Struggling Nintendo announces new console for 2017 as profits dive

Japanese videogame giant Nintendo on Wednesday said it would release its new games console next year, after the success of its foray into smartphone gaming, but added sales had slipped and a resurgent yen hammered profits.

TECH 28 Apr 2019 | 10:00 PM

Amazon delivers record profits on gains in Cloud, advertising

Amazon delivered record profits for the first quarter, fuelled by gains in Cloud computing and new business segments for the US technology colossus.

TECH 09 Oct 2017 | 5:00 AM

Pope tells web companies: use profits to protect children

Pope Francis told executives of leading internet companies on Friday to use "their great profits" to defend children from sexual exploitation and other dangers lurking online.

TECH 16 Jan 2017 | 2:02 PM

China's Baidu opens augmented reality lab to boost waning profits

Chinese search engine Baidu Inc has launched an augmented reality lab in Beijing as part of an effort to revitalise the company's shrinking profits with cutting edge technology.

TECH 06 Apr 2016 | 10:00 PM

Bollywood studios eye profits at last as India goes smartphone mad

India's all-singing, all-dancing movie hits capture the attention of hundreds of millions of fans but they generate precious little in box office profits for the world's largest cinema industry.

Technology 29 Jan 2016 | 6:39 AM

Amazon delivers big profits but shares dive

US online giant Amazon reported profits doubled in the past quarter, as it attracted more customers with video and other services, but the results missed Wall Street forecasts.

TECH 24 Apr 2014 | 11:31 AM

Facebook profits triple as mobile soars

Facebook profits tripled to US$642mil (RM2.09bil) in the first quarter on a 72% surge in revenues helped by strong gains in mobile users and mobile advertising.