Tag Archives: as

HIGHLIGHTS Salesforce said on Friday that it would not make a bid Twitter CEO Jack Dorsey may now have to chart an independent course Dorsey is likely to face intense scrutiny over his continued role as CEO Twitter Inc faces an uncertain future after Saleforce.com Inc , the last of the companies believed to be interested in buying the troubled ... Read More »

Facebook has removed a video on breast cancer awareness posted in Sweden because it deemed the images “offensive”, the Swedish Cancer Society said Thursday. The video, displaying animated figures of women with circle-shaped breasts, aimed to explain to women how to check for suspicious lumps. Sweden’s Cancerfonden said it has tried to contact Facebook without any response and has decided ... Read More »

Imagination Tech Warns on Profit as Smartphone Market Softens Imagination Tech, the British company whose graphics technology powers some Apple devices, warned on profit on Tuesday, saying it had been hit by a slowdown in semiconductor and smartphone markets. The company swung to an operating loss of 7.3 million pounds for the six months to end-October, from a profit of ... Read More »

David Drummond has a simple explanation for why Alphabet Inc., one of the more acquisitive technology companies, has been sitting on its hands for more than a year. “Have you seen the valuations?” Drummond, the corporate development chief for Google’s parent company, said in an interview after the Alphabet annual shareholder meeting June 8. That’s about to change as stratospheric ... Read More »

Intel Raises Revenue Forecast as PC Market Improves HIGHLIGHTS Intel struggling as tech users shift away from PCs to mobile phones Sales in the company’s PC business declined 3 percent to $7.3 billion Intel said it expected third-quarter revenue to be $15.6 billion Intel raised its quarterly revenue forecast for the first time in more than two years as suppliers ... Read More »

Spotify CEO Daniel Ek Becomes Chairman as Co-Founder Steps Down Spotify co-founder and Chief Executive Officer Daniel Ek is consolidating power over the world’s largest music streaming service, taking on the role of chairman ahead of a planned initial public offering as soon as next year. Martin Lorentzon, a co-founder of Spotify, is stepping down from his role as chairman ... Read More »

WhatsApp to Ignore Delhi High Court Ruling; Will Share Data With Facebook as Planned HIGHLIGHTS Ruling has no impact on the planned policy and terms of service updates Court earlier said WhatsApp will delete users’ data up to September 25 On August 25, WhatsApp made extensive changes to its privacy policy Defying a Delhi High Court order against sharing user ... Read More »

HIGHLIGHTS HP to offer hardware products on lease as PC demand weakens Will monitor its device’s health and offer replacements accordingly Promises to ensure that all data is wiped-off post device’s use HP Inc., the second largest PC-maker in the world after Lenovo, on Thursday said that it will start offering computers and other hardware products on lease going ahead ... Read More »

London: European shares advanced on Wednesday, with the technology sector leading the market higher after SAP and ASML Holding reported forecast-beating quarterly results. Shares in SAP, Europe’s largest software company, rose 4.7 per cent as unexpectedly strong growth in high-margin packaged software licenses fuelled its quarterly earnings. Its second-quarter operating profit rose 9 per cent. ASML Holding, a key supplier ... Read More »

If there is one thing BlackBerry (NASDAQ:BBRY) phones are known for, it is security. And the company’s new DTEK50 phone lives up to that reputation while adding a great camera in a super thin body. According to the company, the DTEK50 is the “world’s most secure Android phone,” which may make it one of the best moves BlackBerry has made ... Read More »