One audio start-up set out to raise $50,000 via crowdfunding but got more than five times what it needed. » Read More
Amazon will double its video content spend in the second half of this year, and triple its spending on original content, the company said this week.
*Q1 op profit Y56.2 bln vs Y96.9 bln year prior. TOKYO, July 29- Japan's Sony Corp said a strong yen and slower smartphone sales would weigh on its cash-generating image sensor business this year, but the popularity of its PlayStation 4 videogame should help it reach its profit target. For the current year through March 2017, the image sensor business will be a drag,...
Wing Ring is the first app that uses machine learning to choose the right wine for your tastes.
Microsoft said it would cut about 2,850 more jobs over the next 12 months, for total planned job cuts of 4,700, or about 4 percent of its workforce.
Tech London Advocates Founder, Russ Shaw, talks about Alphabet’s and Amazon’s latest set of earnings, with specific comment on cloud computing.
TOKYO— Sony Corp.' s fiscal first-quarter profit dipped 74 percent to 21.2 billion yen, as earnings were hammered by a strong yen and lagging smartphone sales, and a quake in southwestern Japan that disrupted its camera parts and semiconductor production. Tokyo- based Sony, the maker of Bravia TVs and Walkman portable players, said game software sales for the...
The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland. Microsoft bought Finland- based handset maker Nokia in 2014 in an ill-fated attempt to take on market leaders Apple Inc and Samsung Electronics Co Ltd.. Chief Executive Satya Nadella, who took the helm just two months before the deal closed, has since focused on...
Amazon re-asserted its dominance in the cloud, posting better-than-expected Amazon Web Services sales.
MKM just lowered its rating on Activision Blizzard to neutral from buy.
Monness Crespi Hardt just lowered its rating on Facebook to neutral from buy.
Prime and Amazon Web Services' path to more profit will be in focus as Wall Street watches Amazon's earnings report Thursday.
Goldman Sachs likes Facebook even more.
Citi Research presented 10 'disruptive innovations' and their investment implications in a note to clients Tuesday.
Pelham Smithers, head of Asian research and managing director at Pelham Smithers Associates, talks about the power of video content found online, in light of Facebook’s earnings.
SEOUL, South Korea— LG Electronics Inc. said Thursday its second-quarter net income jumped 19 percent thanks to strong sales of high-end TVs and home appliances that outweighed another quarterly loss in its handset business. Its April-June earnings came in at 268.51 billion won, on sales of 14 trillion won. LG said its TV and home appliance divisions reported...
Bracken Darrell, CEO of Logitech, talks about the tech company's latest results and explains from where the sales strength is coming.
*Q2 profit $7.2 bln, in line with earlier guidance. SEOUL, July 28- South Korean tech giant Samsung Electronics Co Ltd said on Thursday it expects solid earnings to continue in the second half of 2016, with stronger components demand likely offsetting heightened margin pressures for smartphones. April-June profit rose 18 percent from a year earlier to 8.1...
SEOUL, South Korea— Samsung Electronics Co. reported Thursday forecast-beating earnings results that were the best in two years as consumers snapped up its Galaxy smartphones, in a sign the company is getting its mojo back while rivals fail to deliver new smartphones. Samsung, the world's largest smartphone maker, said its April-June net income rose 2 percent...
Facebook posted quarterly earnings and revenue that blew away analyst estimates as its ad business flourished.
Online audio streaming platform SoundCloud may be putting itself up for sale for as much as $1 billion, Bloomberg reported.