REUTERS: International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud business. The company is relying on its cloud business in the face of slowing growth in its legacy businesses, including ...
Netflix Inc added fewer paid subscribers than expected in the second quarter as the video streaming pioneer raised prices in some of its major markets, including the United States.
Some of the biggest crypto players may be openly involved in illegal activities, says New York University’s Nouriel Roubini.
Netflix Inc said on Wednesday it would roll out a lower-priced mobile-only plan in India, tapping into a price-sensitive market where data consumption on smartphones is surging.
GUAYAQUIL, Ecuador: Loans to Venezuela from President Nicolas Maduro's allies Russia and China would be renegotiated though the Paris Club if Maduro leaves power, an advisor to the opposition said on Wednesday (Jul 17), responding to concerns about favourable treatment for the two countries ...
EBay Inc beat Wall Street estimates for quarterly revenue on Wednesday, as a multi-year effort to make its platforms easier to use attracted more customers.
NEW YORK: Wall Street stocks retreated on Wednesday (Jul 17), with industrial companies especially weak as a Federal Reserve report described US growth as "modest." Shares of Dow members Caterpillar, United Technology and Honeywell International fell more than two per cent on the dimming outlook ...
The worldwide non-military drone market, dominated by manufacturers in China, will triple in size to US$14.3 billion in sales over the next decade, a study said on Wednesday, even as U.S. officials warn of national security risks.
Boeing Co said on Wednesday it will dedicate half of a US$100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with compensation expert Ken Feinberg hired by the world's largest plane maker to oversee the distribution.
Qualcomm , the world's no.1 chipmaker, could be hit with a second EU antitrust fine as soon as Thursday for blocking a rival from the market more than a decade ago, people familiar with the matter said.
