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Technology / AI and automation

COMPANY RESULT: CNET INC

CNet Inc reported second quarter net profits of $5.0m, after a $10.0m gain from the sale of a stake in a joint venture, against losses of $4.3m last time, on revenues that rose 216.1% to $8.3m. Net losses for the six months were $7.9m, down from $8.0m losses last time, on revenues that were up to $14.6m, from $4.3m the previous year.

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CBR Staff Writer

CBR Online legacy content.