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 […]
Technology
Technology
As regulators waver, Apple takes on Qualcomm in courts As regulators waver, Apple takes on Qualcomm in courts:- Apple Inc’s new legal assault on Qualcomm in the United States and China reflects its conclusion that regulators are unlikely to put an end to what it considers the chip maker’s unfair […]
Microsoft profit up as demand for cloud service soars Microsoft profit up as demand for cloud service soars:- Microsoft Corp reported a 3.6 percent rise in fiscal second-quarter profit on Thursday, helped by growth in its fast-growing cloud computing business, but it saw a slight decline in margins in the […]
Alphabet posts strong revenue growth, higher taxes hit earnings Google parent Alphabet Inc posted fourth-quarter profit below analysts’ estimates on Thursday, hurt by a higher tax rate, but analysts cheered the company’s progress in diversifying its business beyond advertising. While advertising still accounts for the lion’s share of Google’s revenue, […]
Apple says dialogue with India on local expansion plans was constructive Apple says dialogue with India on local expansion plans was constructive:- Apple Inc APPL.O said on Wednesday it appreciates the open and constructive dialogue that it held with Indian officials, around the expansion of its local operations in the […]
German battery maker Solarwatt expects 40 percent sales growth in 2017 German battery maker Solarwatt expects 40 percent sales growth in 2017:- Solarwatt, a German manufacturer of batteries that store power generated by domestic solar panels, expects revenue to grow 40 percent this year as sales more than double, Chief […]
Texas Instruments quarterly revenue beats on automotive demand Texas Instruments quarterly revenue beats on automotive demand:- Texas Instruments quarterly revenue beats on automotive demand:- Chipmaker Texas Instruments Inc (TXN.O) reported higher-than-expected quarterly revenue, helped by strong demand for its analog and embedded chip products from the automotive and industrial markets. […]
Seagate forecasts third-quarter revenue above estimates Hard-disk drive maker Seagate Technology Plc forecast current-quarter revenue above estimates, buoyed by strong demand for its cloud-based storage products. Shares of the company, which also posted higher-than-expected second quarter profit and revenue, soared 13.7 percent to $42.56 in after-market trading on Tuesday. Seagate […]
Amazon offers to scrap e-book clauses to settle EU antitrust probe Amazon offers to scrap e-book clauses to settle EU antitrust probe:- U.S. online retailer Amazon (AMZN.O) has offered to alter its e-book contracts with publishers in a bid to end an EU antitrust probe and stave off a possible […]
Microsoft victory in overseas email seizure case is upheld Microsoft victory in overseas email seizure case is upheld:- An equally divided federal appeals court refused to reconsider its landmark decision forbidding the U.S. government from forcing Microsoft Corp and other companies to turn over customer emails stored on servers outside […]
