Microsoft asks for exception program on Trump immigration orders Microsoft asks for exception program on Trump immigration orders:- Microsoft Corp (MSFT.O) on Thursday said it proposed a program to U.S. President Donald Trump’s administration allowing people from seven predominantly Muslim nations to enter and leave the United States on business […]
Technology
Technology
Amazon sees lower operating profit this quarter, shares dip Amazon sees lower operating profit this quarter, shares dip:- Amazon Inc forecast an unexpected dip in operating profit for the current quarter, sending shares down more than 4 percent due to concerns about the costs of investments including new warehouses and […]
Uber CEO quits Trump’s business advisory group Uber CEO quits Trump’s business advisory group:- Uber Technologies Inc Chief Executive Officer Travis Kalanick quit President Donald Trump’s business advisory group on Thursday amid mounting pressure from activists and employees who oppose the administration’s immigration policies. Critics included Uber drivers, many of […]
Facebook vulnerable to expected changes in key visa program Facebook vulnerable to expected changes in key visa program:- Among Silicon Valley’s top tech employers, Facebook Inc (FB.O) could be the most vulnerable to U.S. President Donald Trump’s expected crackdown on guest-worker visas, according to a Reuters analysis of U.S. Labor […]
Snap shoots for the sky, promises little in $3 billion IPO pitch Snap shoots for the sky, promises little in $3 billion IPO pitch:- Snapchat owner Snap Inc shot the opening salvo in its $3 billion initial public offering on Thursday, outlining aggressive expansion plans but offering new investors no […]
Panasonic says its avionics business being probed by U.S. authorities Panasonic says its avionics business being probed by U.S. authorities:- Panasonic Corp said on Thursday its avionics unit is being investigated by U.S. authorities under the Foreign Corrupt Practices Act (FCPA) and that it had replaced the long-time head of […]
Sony cuts annual profit view on movie business writedown Sony cuts annual profit view on movie business writedown:- Sony Corp on Thursday cut its full-year outlook for operating profit on Thursday after the Japanese TV-to-gaming group took a $1 billion writedown on its struggling movie business. Sony forecast group operating […]
Samsung Electronics may build U.S. plant for home appliances Samsung Electronics may build U.S. plant for home appliances:- Samsung Electronics Co Ltd (005930.KS) may build a U.S. plant for its home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism […]
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 […]
iPhone sales smash forecasts, 78 million sold iPhone sales smash forecasts, 78 million sold:- Apple crushed all expectations for its first-quarter earnings on Tuesday; shares were up nearly 3% after hours in response. Apple saw $78.4 billion for revenue on expectations of $77.4 billion, and reported earnings of $3.36 per […]
