Browsing Tag

loss

Electric vehicle maker Tesla posted a gross impairment loss of $204 million on its Bitcoin holdings in 2022, according to a report filed with the US Securities and Exchange Commission (SEC). Despite recording a profit of 64 million from converting BTC into current money, the net loss turned out to…
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Twitter could become a subscription service

The social network Twitter does not escape the global financial crisis. According to the company's directors, during the second quarter of 2020 there was a 23% drop in earnings compared to the same period last year. The situation has been…

Thomas Cook bankruptcy hits tourism industry

This Monday the British tour operator Thomas Cook declared bankruptcy. As a consequence, an average of 600,000 people have been stranded worldwide due to suspension of flights from the group's airline. One of the most affected countries…