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WASHINGTON: Microsoft said on Thursday (Apr 26) profits rose sharply in the past quarter, lifted by gains in its core cloud computing operations for business. The tech giant reported earnings were u...
Belatedly confirming a November 2016 report that Apple planned to exit the wireless router business, the company today issued a statement that it is discontinuing its AirPort wireless base station pro...
SAN FRANCISCO: Internet colossus Amazon on Thursday (Apr 26) reported that its quarterly profit more than doubled on soaring revenue from online commerce and cloud services. Amazon said it earned US...
An IT company is suing Nike for violating its software licensing agreement (SLA). It claims an audit determined the athletic apparel behemoth was using pirated software and cracked keys. It looks like...
NEW YORK: Wall Street stocks jumped on Thursday (Apr 26) after blowout earnings from Facebook ignited a rally in shares of large technology companies. Among major indices, the Nasdaq Composite Index...
Amazon.com Inc reported a 43 percent jump in first-quarter revenue on Thursday, driven by a surge in online shopping and higher demand for its cloud services.
Zurich-based DeepCode claims that their system — essentially a tool for analyzing and improving code — is like Grammarly for programmers. The system, which uses a corpus of 250,000 rules, reads yo...
Southwest Airlines Co on Thursday warned the consequences of a mid-air engine explosion last week will weigh on second-quarter bookings, as investigators continued to probe the events that led to the...
H1Z1 game publisher Daybreak Game Company has laid off an undisclosed number of staffers at its headquarters in San Diego, GamesBeat has learned. The online game publisher helped pioneer the “battle...
Appodeal has raised $8 million for its ad monetization platform. The San Francisco company was formed to provide independent ad mediation, or figuring out what ad to run in order to maximize monetizat...
A recently developed neural network is capable of captioning a series of images in a method which imitates human storytelling. Rather than simply identifying and describing objects, the AI makes infer...
A former HSBC Holdings Plc executive was sentenced to two years in prison on Thursday after he was found guilty by a jury of defrauding Cairn Energy Plc in a US$3.5 billion currency trade in 2011.
What: Some terrific staffing news for the upcoming Star Trek 4. Who: Director S.J. Clarkson. Why we care: S.J. Clarkson is about to boldly go where men exclusively have gone before. The director has ...
There’s a new must-see event on the fashion calendar. Earlier this month, the fashion elite gathered in Dubai for the first-ever Pret-A-Cover, a glamorous event during which designers from around th...
Amazon’s made a slew of acquisitions in the area of smart home services, and now it’s offering a product that brings them together under one roof — your roof. Amazon has quietly launched a porta...
Southwest has seen slower bookings in part due to flight cancellations and decreased marketing efforts.
RIGA/FRANKFURT: Latvia's parliament voted on Thursday to scale back domestic banks' ties with risky shell firms under laws aimed at tackling money laundering, but pressure will remain on the...
Wall Street lobby groups urged U.S. policy makers and regulators to revamp rules to encourage more initial public offerings and to reduce the regulatory cost of staying public, in a white paper issued...
LONDON: The euro sagged and equities pushed higher on Thursday (Apr 26) as the ECB warned of threats to economic growth and signalled easy money policies could stay if necessary. Wall Street rose on...
This year has brought a fair number of shakeups at some of the world’s biggest tech companies. Google’s AI chief left for Apple, Amazon’s AI research chief left for Google, and Windows chief Ter...
Ford announced it will no longer make traditional sedan models.
MetLife Inc reduced total 2017 compensation for its chief executive and chief financial officer, a year marked by two key errors, including payments it failed to make to pensioners whom it could not ...
It looks like the president’s anti-Amazon tweets weren’t enough to doom the company’s financials. Sad! Amazon just reported its first-quarter 2018 earnings, easily beating analyst estimates on r...
