Losses

01.31.19

Business

LG fails to turn a profit for the first time in two years

Deep losses at its mobile division helped push the company to lose $72.5 million.

By D. Cooper, 01.31.19

08.15.18

MoviePass owner posts huge loss as investors launch lawsuits

08.15.18 in

Art

MoviePass owner posts huge loss as investors launch lawsuits

The beleaguered movie ticketing service is also almost out of money.

By M. Moon, 08.15.18

View

04.27.17

LG's smartphones are no longer hurting the company

04.27.17 in

Mobile

LG's smartphones are no longer hurting the company

The company has managed to pull its mobile division back from the brink.

By D. Cooper, 04.27.17

View

A newsletter a day keeps the FOMO at bay.
Just enter your email and we'll take care of the rest:
Now available on your smart speaker and wherever you get your podcasts: Apple Podcasts | Spotify | Google Play | iHeart Radio

08.25.16

Uber has already lost more than $1.2 billion this year

08.25.16 in

Services

Uber has already lost more than $1.2 billion this year

Despite being a huge business, Uber hasn't figured out how to make a profit yet.

By N. Ingraham, 08.25.16

View

12.30.14

EVE Online player loses $1,500 in a ship attack

You would think that no one in EVE Online would ever risk carrying around a huge pile of PLEX these...

By E. Lefebvre, 12.30.14

View

12.18.14

Investors plug $6 million into Majesco

Majesco Entertainment completed an investment round that resulted in $6 million in funding, the Coo...

By M. Suszek, 12.18.14

View

12.01.14

Sony will not renew its FIFA sponsorship

Sony will reportedly not renew its FIFA sponsorship and will instead spend its money on structural...

By M. Suszek, 12.01.14

View

11.17.14

Majesco doubting 'ability to continue' following layoffs

Majesco has fallen on hard times, as the Cooking Mama publisher "implemented a reduction of our wor...

By M. Suszek, 11.17.14

View

10.31.14

PS4 sales up to 13.5 million consoles

Sony reported 309.5 billion yen in sales ($2.77 billion) for its Game and Network Services division...

By M. Suszek, 10.31.14

View

10.30.14

Take-Two reports slight bump in revenue for Q2

Take-Two reported $126.3 million in revenue for the second quarter (ending September 30), a slight...

By M. Suszek, 10.30.14

View

Losses

LG fails to turn a profit for the first time in two years

MoviePass owner posts huge loss as investors launch lawsuits

LG's smartphones are no longer hurting the company

Uber has already lost more than $1.2 billion this year

EVE Online player loses $1,500 in a ship attack

Investors plug $6 million into Majesco

Sony will not renew its FIFA sponsorship

Majesco doubting 'ability to continue' following layoffs

PS4 sales up to 13.5 million consoles

Take-Two reports slight bump in revenue for Q2

Sponsored Links