Microsoft shares rose 2% in extended trading Tuesday after the software and hardware maker reported fiscal first-quarter earnings that beat analysts’ estimates. According to the statement, total company revenue boosted around 22% year over year. That’s the fastest growth since 2018. Meanwhile, revenue surged 21% in the previous quarter. Microsoft reported $20.5 billion in net …
Microsoft Reported 22% Growth, Beating Expectations Read More »
The latest data showed that Tesla’s sales in China are now nearly half the size of what the company sells in the U.S. Elon Musk’s electric vehicle company reported sales of $3.11 billion in China in Q3 of the year. Remarkably, it is 48.5% of the $6.41 billion U.S. sales during that time. It is …
Tesla’s Sales in China Are Half the Size of Its U.S. Sales Read More »
U.S. payments giant PayPal announced Sunday that it is not currently interested in buying social media platform Pinterest. Responding to “market rumors,” the financial technology firm said in an update on its website that it is not pursuing an acquisition of Pinterest at this time. PayPal shares increased 6.2% to $255.20 in premarket trading on …
PayPal Is Not Currently Interested in Buying Pinterest Read More »
The search giant Google announced that it’s lowering service fees in its app store after a similar move by Apple. As we know, both firms face pressure from lawmakers and regulators to make their mobile stores more accessible to developers. According to Google, the service fee for subscriptions in the Google Play store will decrease …
Google Is Lowering Service Fees in Its App Store Read More »
Facebook digital wallet NOVI, after a 2-year wait, has finally arrived in the US and Guatemala. This is a pilot test before the operation is extended. NOVI will allow users to send and receive money safely and quickly without paying any additional fees. So far, the only cryptocurrency it supports is Paxos Stablecoin. At the …
Xiaomi Corp Chief Executive Lei Jun announced that the Chinese smartphone maker Xiaomi is expecting to mass-produce its own electric vehicles in the first half of 2024. The comments came during the firm’s investor day, and local media reported them. Notably, the company later confirmed it, with Zang Ziyuan, a director in Xiaomi’s international marketing …
Xiaomi Will Mass Produce Its Own Electric Cars in 2024 Read More »
According to the latest news, Apple is expected to kick off its 2nd product event of the season, a month after announcing its new iPhone 13 lineup. On Monday, the tech giant is set to announce two high-end MacBook Pro laptops that are powered by its next-generation silicon chip. Furthermore, the firm will likely introduce …
Apple to kick off its 2nd product event of season Read More »
According to the latest news, IBM launched the Environmental Intelligence Suite. It is a set of AI powered software that individuals can use to prepare for climate risks obstructing operations. The Environmental Intelligence Suite combines artificial intelligence, weather data, climate risk analytics, and carbon accounting capabilities to help organizations assess their impact on the planet. …
IBM’s AI Service Will Offer Firms Climate Change Analysis Read More »
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