Tag Archives: IT

Washington, United States | AFP | President Donald Trump on Wednesday lashed out at Amazon, claiming the US online colossus is doing “great damage” to other retailers and destroying jobs. Trump, who has criticized Amazon in the past, offered no specific facts to back up his argument. He launched his tirade …

New York, UNITED STATES | AFP | US media group News Corp on Thursday reported a loss in the past quarter, hit by declines in advertising and writedowns at its global newspapers. The company controlled by media mogul Rupert Murdoch and his family reported a loss of $430 million in the …

San Francisco, United States | AFP | Facebook is rolling out a new video service offering professionally produced shows in a challenge to rivals such as YouTube, and potentially to streaming providers like Netflix. The Facebook service called Watch will include a range of shows, from reality to comedy to live …

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 …