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LOS ANGELES: Sarbucks Corp on Thursday reported stagnant store traffic at established U.S. cafes for the second quarter in a row, stirring concerns about intense competition from upscale coffee houses...
As shares soar on higher sales
Amazon.com Inc's march in retail and cloud computing showed no sign of slowing on Thursday, as the company reported a surge in first-quarter profit and a rosy outlook for the spring, surprising a...
JAKARTA: Indonesia will keep its export tax for cocoa unchanged at 5 percent in May and will again not charge tax on shipments of crude palm oil, the trade ministry said on Thursday.
Amazon is giving Alexa the ability to remember past things you’ve discussed. Specifically, Alexa in the US will have memory for remembering important information. How does it work? You can say some...
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...
A month of darkening sentiment around Facebook Inc among analysts was washed away in an instant when the social media's earnings report blew through even the most optimistic earnings estimates.
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...
Jackson denies allegations of handing drugs out like candy. But it's a big problem in U.S. health care generally.
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...