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Showing posts from July, 2018

China Baidu's second quarter exceeds expectations, powered by ad sales growth

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Chinese internet search giant Baidu beat expectations for quarterly profit and revenue on the back of strong growth in its core online advertisement business, easing the pressure of funding a major expansion into new technology areas. from Reuters: Technology News https://ift.tt/2KljzOE

Bird scooters roll into Paris, Tel Aviv

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Scooter rental company Bird rolled into Europe on Tuesday, a month after the two-wheeled electric vehicle startup was valued at $2 billion in its latest funding round. from Reuters: Technology News https://ift.tt/2LO3oho

Huawei overtakes Apple as world No. 2 smartphone seller, gains ground in China

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China's Huawei Technologies [HWT.UL] overtook Apple Inc to become the world's second-biggest smartphone seller in the June quarter, data from market research firms showed, as it gained ground in Europe and expanded its lead back home. from Reuters: Technology News https://ift.tt/2Ox2bcQ

China to probe online discounter Pinduoduo over reports of counterfeit goods

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China's markets regulator said on Wednesday it has asked Shanghai regulators to investigate online discounter Pinduoduo Inc following media reports of counterfeit goods and intellectual property infringements. from Reuters: Technology News https://ift.tt/2LU8itc

China to investigate online discounter Pinduoduo over media reports of counterfeit goods

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China's markets regulator said on Wednesday it has asked Shanghai regulators to investigate online group discounter Pinduoduo Inc regarding media reports about counterfeit goods and intellectual property infringements on the platform. from Reuters: Technology News https://ift.tt/2O27n7D

China's Baidu tops profit, revenue expectations on ad sales growth

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Chinese internet search giant Baidu Inc surpassed expectations for quarterly profit and revenue on the back of strong growth in its core online advertisement business. from Reuters: Technology News https://ift.tt/2OwJmGI

Weak outlook overshadows tech firm Akamai's profit beat

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Akamai Technologies Inc's forecast for third quarter revenue largely missed Wall Street expectations on Tuesday, even as its second quarter profit topped estimates on strength in its cloud security business. from Reuters: Technology News https://ift.tt/2O0H01M

Dialog Semiconductor ends talks to buy Synaptics

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Dialog Semiconductor Plc said on Tuesday it has ended discussions with Synaptics Inc about a potential acquisition of the U.S. touch-pad technology company, without citing a reason. from Reuters: Technology News https://ift.tt/2LPklbm

Apple buybacks eclipse value of most S&P 500 companies

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Apple Inc said on Tuesday it handed its shareholders $20 billion through share buybacks in the June quarter, bringing its tally this year to a record $43 billion and helping push its stock price to an all-time high. from Reuters: Technology News https://ift.tt/2NZ5ad2

China's Baidu tops profit estimates on ad sales growth

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Chinese internet search giant Baidu Inc on Tuesday topped Wall Street estimates for quarterly profit on the back of strong growth in its online advertisement business. from Reuters: Technology News https://ift.tt/2LDhRgV

Pandora wins more paid subscribers, posts smaller loss than expected

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Pandora Media lured thousands of more paid subscribers in the second quarter, helping the music streaming company report a smaller loss than Wall Street was expecting and driving its shares 12 percent higher on Tuesday. from Reuters: Technology News https://ift.tt/2vpsNnk

China's Baidu posts 24.4 percent rise in quarterly revenue

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China's Baidu Inc reported a 24.4 percent rise in quarterly revenue on Tuesday, driven by gains in the internet search firm's online ad business. from Reuters: Technology News https://ift.tt/2LJ79ph

Apple's pricey iPhone X, subscriptions deliver earnings beat

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Apple Inc sales led by the pricey iPhone X pushed quarterly results far beyond Wall Street targets on Tuesday, with subscriptions from App Store, Apple Music and iCloud services bolstering business. from Reuters: Technology News https://ift.tt/2Oz79WL