BUSINESS

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ServiceNow Forecasts Second-Quarter Subscription Revenue Below Market Expectations
ServiceNow forecasts second-quarter subscription revenue below market expectation. It expects subscription revenue between $2.525 billion and $2.530 billion in the second quarter, below estimates of $2.54 billion, according to LSEG data. The company has been deploying GenAI technologies in its products.
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Read more at CNA
Philippine Infrastructure Revamp - ADB Loan
The Department of Transportation (DOTr) secured a P244.9 billion loan from the Asian Development Bank (ADB) to kickstart a nationwide infrastructure revamp. This windfall will fuel key projects aimed at transforming the country’s transportation landscape. These include the modernization and rehabilitation of Ninoy Aquino International Airport, the North-South Commuter Railway (NSCR) Mega-Project, MRT-Line 4 Revamp, EDSA Greenways and Davao Public Transport modernization.
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Read more at Bilyonaryo Business News
AAPI-Owned Businesses in Arlington Celebrate AAPI Heritage Month
May marks Asian American and Pacific Islander (AAPI) Heritage Month. Join us for community events in May and supporting AAPI-owned Arlington businesses enhancing the vibrancy and diversity of Arlington’s local economy and community.
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Read more at ARLnow
Uber for Business Launches New Delegate Profiles for Executive Assistants
The company’s new delegate profiles enable EAs to manage ground transportation for executives on their behalf, Uber for Business said in a Wednesday (April 24) press release. With the delegate profile, the Uber experience remains familiar. The company said in December that it integrated with expense management providers Brex and Ramp.
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Read more at PYMNTS.com
How to Get the Most Out of Your Due Diligence
In 2023, with $3.5 billion raised from 547 deals, African venture capital (VC) experienced a significant downturn. Year-on-year, total funding and deal count declined by 46 percent and 28 percent respectively. Due diligence represents a critical phase in the investment process, where investors examine various aspects of a startup to ascertain its investment readiness. Doing it correctly means startups are well on their way to a crucial cash injection for the venture.
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Read more at Business Daily
Meta's Growth is Due in Particular to its Advertising Tools and the Success of "Reels"
Meta's growth is due in particular to its advertising tools and the success of "Reels'. The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total revenue, mainly from selling ads, up an impressive 27 percent, at $36.5 billion. By the end of the year, Meta could also start selling advertising on Threads, its text message platform similar to X (formerly Twitter)
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Read more at Legit.ng
Crisis-Hit Boeing Reports Quarterly Revenue Drop
Boeing reports quarterly revenue drop 05:37 business. The planemaker's board has yet to name a successor to CEO Dave Calhoun.
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Read more at FRANCE 24 English
Apple Launches "Made for Business"
Today at Apple will offer six “Made for Business” sessions throughout May in Chicago, Miami, New York, San Francisco, and Washington, D.C. The sessions will highlight how Apple products and services have powered their businesses’ success. One of those businesses is Mozzeria, a Deaf-owned pizzeria founded with the mission to provide customers with a warm, memorable, and visually captivating experience of deaf culture.
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Read more at Apple
Today at Apple Series - Made for Business
The new series, titled 'Made for Business, will be led by small business owners and will highlight Apple products as well as its services including Apple Business Connect, Apple Business Essentials, and Tap to Pay on iPhone. Today at Apple sessions have historically focused on individual users and how they can make the most from their Apple products. The series will kick off during National Small Business Week in the U.S.
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Read more at iMore
Apple Launches "Made for Business"
Today at Apple will offer six “Made for Business” sessions throughout May in Chicago, Miami, New York, San Francisco, and Washington, D.C. The sessions will highlight how Apple products and services have powered their businesses’ success. One of those businesses is Mozzeria, a Deaf-owned pizzeria founded with the mission to provide customers with a warm, memorable, and visually captivating experience of deaf culture.
#BUSINESS #English #MY
Read more at Apple