Tag Archives: IT

New York, United States | AFP | Walt Disney Co. said Tuesday it is launching two new streaming television services including one for its ESPN-branded sports channel, while ending its deal with Netflix as it shifts towards direct content distribution. The media-entertainment giant called the move “a strategic shift in the …

San Francisco, United States | AFP | Apple’s decision to bow to Chinese officials by removing apps to sidestep online censorship underscores the dilemma faced by US tech companies seeking to uphold principles while expanding their business. The iPhone maker is the latest from Silicon Valley to face a conundrum in …

San Francisco, United States | AFP | Apple on Tuesday reported stronger-than-expected results for the past quarter, with higher revenues and profits, delivering a boost to its share price. Profit climbed 12 percent to $8.7 billion, and revenue rose percent to $45.4 billion, with the California-based company selling 41 million iPhones …

New York, United States | AFP |  Amazon founder Jeff Bezos on Thursday became the world’s richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, a new estimate showed. Forbes magazine said its real-time tracking of personal …

San Francisco, United States | AFP |  Twitter shares were hammered Thursday after the company reported no gain in its user base in the past quarter, raising fresh fears about the future of the service as it loses more ground to Facebook. Twitter, which has been struggling to keep pace …

San Francisco, United States | AFP |  Facebook on Wednesday reported a surge in profits in the past quarter, fueled by strong growth in money-making ads to its more than two billion users. Net profit in the second quarter leapt 71 percent from a year ago to $3.9 billion while …

San Francisco, United States | AFP |  Google parent Alphabet on Monday reported a quarterly profit of $3.5 billion, with a massive fine by the European Commission biting into earnings. The technology giant reported that revenue grew to $26 billion in the recently ended quarter, and that profit would have …

San Francisco, United States | AFP | Microsoft said Thursday it was cutting an unspecified number of jobs amid reports the US tech giant was reorganizing its global sales operations. “Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will …

New York, United States | AFP |  Uber chief executive Travis Kalanick has stepped down from his job after a shareholder revolt made it untenable for him to stay, the New York Times reported on Wednesday. Kalanick had already been on a leave of absence aimed at restoring confidence in …

San Francisco, United States | AFP |  Uber said Tuesday its chief executive Travis Kalanick would take an indefinite leave of absence as it unveiled steps aimed at restoring confidence in the scandal-plagued ridesharing giant. The pioneering company has been facing pressure to rein in a no-holds-barred management style led …