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(Eagle News)–The Philippine Ports Authority has reported over P7.2 billion in net income in 2019, reportedly its highest so far. According to the PPA, its data showed that the P7.280 billion was 31% higher than the 2018 figure of P5.553 billion. Compared to its 2017 net income of P4.473 billion, the current net income is better by 54%. It is also 47% higher than the target P4.941 billion, the PPA said. Combining all the growth […]
by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) — Google parent Alphabet missed revenue expectations in the fourth quarter despite stellar growth at YouTube and in the cloud, earnings figures released Monday showed. Detailing its cloud computing and YouTube revenues for the first time, Alphabet reported that profits rose 19 percent from a year ago in the quarter to nearly $10.7 billion as revenues increased 17 percent to $46 billion. Alphabet and Google chief […]
NEW YORK, United States (AFP) — The US music industry posted its third straight year of double-digit growth in 2018 thanks to continued surges in streaming, an industry tracker said Thursday. Revenues from recorded music jumped 12 percent to $9.8 billion in estimated retail value, according to the Recording Industry Association of America, with 75 percent of revenues coming from streaming. The RIAA said paid subscriptions of streaming services like Spotify and Tidal soared to […]
