Amazon also posted record profits on Thursday. AFP / Getty Images Amazon.com Inc. obtained approval from the Federal Communications Commission to build a $ 10 billion satellite internet network that would rival SpaceX’s Starlink network. In documents released Thursday, the FCC authorized Amazon’s request to build a network of more …
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Amazon.com Inc. Chief Executive Jeff Bezos promised to spend the expected profits amid a huge surge in sales related to the COVID-19 pandemic, but sales grew so fast that it ended with record profits. Amazon AMZN, + 0.60% reported second-quarter earnings of $ 5.2 billion, or $ 10.30 a share, …
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Verizon announced today that it has released a new 4G LTE Home Internet Option for residents in parts of Savannah, Georgia, Springfield, Missouri and the Tri-Cities of Tennessee and Virginia. In a statement to Gizmodo, a Verizon spokesperson said the new plan is primarily for rural customers in those areas …
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Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum annual meeting in Davos. Fabrice Coffrini | AFP | fake pictures Alphabet, Google’s parent company, beat expectations for its second-quarter earnings on Thursday, marking its first decline in revenue in the company’s history. The company’s shares barely …
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Shares of Facebook Inc. rebounded on Thursday in the extended session after the social media giant beat Wall Street estimates for the second quarter. Facebook FB, + 0.51% The shares rose more than 7% in after-hours trading on Thursday, after a 0.5% rise to close the session at $ 234.50. …
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