Snap’s secrecy frustrates banks pursuit of IPO glory Snap’s secrecy frustrates banks pursuit of IPO glory:- Some investment banks seeking to be added as underwriters to Snapchat owner Snap Inc’s initial public offering registration document have been denied access to review it before it is made public this week, according […]
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Pressure grows on France’s Fillon to pull out of race as MPs break ranks Pressure grows on France’s Fillon to pull out of race as MPs break ranks:- Pressure on French presidential candidate Francois Fillon to pull out of the election race grew on Thursday as some lawmakers in his […]
Amazon to spend Dollar 1.49 billion on air cargo hub, fans talk of bigger ambitions Amazon to spend Dollar 1.49 billion on air cargo hub, fans talk of bigger ambitions:- Amazon to spend $1.49 billion on air cargo hub, fans talk of bigger ambitions:- Amazon.com Inc plans to invest $1.49 […]
Canon sees first profit gain in three years after medical unit acquisition Canon sees first profit gain in three years after medical unit acquisition:- Japanese camera and printer maker Canon Inc forecast full-year operating profit to climb 11.4 percent, its first rise in three years, bolstered by earnings from a […]
Nintendo returns to quarterly operating profit but cuts full-year outlook Nintendo returns to quarterly operating profit but cuts full-year outlook:- Japanese videogames maker Nintendo Co Ltd on Tuesday said revenue from its nascent mobile gaming division helped it book its first profit in four quarters, but blunted the announcement with […]
Tech companies to meet on legal challenge to Trump immigration order Tech companies to meet on legal challenge to Trump immigration order:- A group of technology companies plans to meet on Tuesday to discuss filing an amicus brief in support of a lawsuit challenging U.S. President Donald Trump’s order restricting […]
Trust banks plan to sue Toshiba over 2015 accounting scandal Trust banks plan to sue Toshiba over 2015 accounting scandal:- Japanese trust banks are preparing to sue Toshiba Corp over its 2015 accounting scandal, a fresh headache for the conglomerate as it scrambles to offset a separate imminent multi-billion dollar […]
Snapchat to reveal financials within a week Snapchat to reveal financials within a week:- Snap Inc, the secretive technology company that owns the popular messaging service Snapchat, is due to reveal its financials within a week as it moves toward its eagerly awaited initial public offering (IPO), sources familiar with […]
Tesla sues ex-Autopilot chief for stealing company secrets Tesla sues ex-Autopilot chief for stealing company secrets:- Tesla is suing its former Autopilot director, claiming he took confidential, proprietary information about its self-driving technology and destroyed evidence to cover his tracks, according to a lawsuit filed in Santa Clara Superior Court. […]
Data center growth drives Intel’s fourth-quarter revenue, profit beat Data center growth drives Intel’s fourth-quarter revenue, profit beat:- Intel Corp reported better-than-expected quarterly revenue and profit driven by a stabilizing PC market and growth in its data center business, which offers cloud-based software services. Revenue from the data center business […]
