Tag: tech

July 20, 2016

Microsoft MSFT 1.56% reported higher quarterly adjusted revenue, driven mainly by growth in the company’s cloud business. The company’s shares jumped 3.5% to $54.91 in extended trading on Tuesday. Read More on Fortune

July 19, 2016

International Business Machines’ quarterly revenue beat analysts’ expectations as the company’s shift to high-growth areas such as cloud-based services begins to yield results. Revenue from “strategic imperatives”, which includes cloud and mobile computing, data analytics, social and security software, rose […]

July 15, 2016

Internet-based taxi service Uber, already a byword for disrupting established industries, has also confounded lenders in the leveraged loan market accustomed to mature and staid companies with its $1.15 billion term loan. The deal had a number of unique elements […]

July 12, 2016

In the months since blood testing company Theranos started facing serious questions about its technology, another big question has emerged: How on earth did it manage to raise $400 million in funding at a $9 billion valuation? “It’s probably not […]

July 6, 2016

Google and Oracle really, really don’t like each other. The latest evidence? Well, how about Google’s latest request for a judge to sanction its rival’s lawyer, Annette Hurst, for allegedly violating court rules over secrecy. In a filing last week, […]

July 5, 2016

E-commerce continues to grow in popularity around the world, as 44% of online shoppers start their buying process with a search engine. And as such an important purchase channel, you would think e-commerce businesses are ensuring SEO is their most […]

July 1, 2016

A California jury ordered Oracle to payHewlett-Packard Enterprise $3 billion in damages in a case over HP’s Itanium servers, an Oracle spokeswoman said on Thursday. Oracle said it would appeal the verdict. The Itaniuum processor is made by Intel . Read […]

June 21, 2016

Oi filed for Brazil’s largest ever bankruptcy protection on Monday after the country’s No. 1 fixed-line phone carrier ran out of time to reorganize operations and restructure 65.4 billion reais ($19.3 billion) of debt amid a harsh recession. The petition […]

June 15, 2016

For quite some time now, we’ve looked at the optimization and experience of mobile as an option rather than a necessity — the added boost to really keep your site and campaign efforts kicking and competitive. But less than being […]

June 14, 2016

Google is taking another step towards its goal to be a bigger player in business technology. The search giant said on Monday that it would introduce two new cloud services for customers of its Google Apps for business, highlighting the […]

June 13, 2016

Solar will become the cheapest source to produce power in many countries over the next 15 years, according to a new report from Bloomberg New Energy Finance. Part of the cheap solar power will be unleashed because the cost of […]

June 8, 2016

Tesla Motors is working exclusively with Panasonic Corp to supply batteries for the Model 3, its first mass-market car, the U.S. automaker’s chief executive said on Wednesday, sending Panasonic shares higher. Reuters reported a day earlier a source with direct […]

June 7, 2016

Verizon Communications Inc plans to submit a second-round bid of around $3 billion for Yahoo Inc’s core internet business, the Wall Street Journal reported, citing people familiar with the matter. Private-equity firm TPG was also expected to submit a second […]

June 3, 2016

A U.S. Commerce Department subpoena looking into Huawei’s sales in U.S.-sanctioned countries like North Korea poses a serious threat to China’s most successful tech company. In the subpoena sent to Huawei, the Commerce Department is demanding information about the company’s […]

June 3, 2016

In a world that’s gone mobile, having a website that isn’t mobile-friendly can hurt your business. If a site loads slowly or people can’t find what they need immediately, they are likely to leave and continue their search elsewhere. That […]

June 2, 2016

More than 18 months after Apple Pay took the United States by storm, the smartphone giant has made only a small dent in the global payments market, snagged by technical challenges, low consumer take-up and resistance from banks. The service […]

May 23, 2016

Red Hat shares could rise 30% in a year as more companies use its server software, according to a report on Sunday in the financial publication Barron’s. Read More on Fortune

May 20, 2016

Tesla Motors has raised $1.46 billion in fresh capital from the sale of its 6.8 million new common stock offering, according to IFR. Tesla TSLA 2.02% seeks to finance a plan to expand production of its electric vehicles to 500,000 […]

May 19, 2016

Apple was once projected to become the world’s first $1 trillion market cap company. But after a disappointing second quarter earnings that revealed flagging sales, some investors started wondering: Is that possible? Well, according to a report from Bernstein, yes—there […]

May 13, 2016

Nvidia reported better-than-expected quarterly profit and revenue, driven by higher demand for its graphics chips, sending its shares NVDA 4.30% up more than 5% in extended trading. The company has weathered a shrinking personal computer industry by focusing on game […]