Technology News: Updated News on IT, Mobile, Computer and Auto

Apple Reports Record Revenue of $83 Billion, Net Profit, Earnings Dip in June Quarter

Revenue from iPhone rose from $39.5 billion to $40.7 billion in the latest quarter, an increase of 3 percent increase from the same time last year.

Jul 29, 2022

By Jacob J

European Commission to fine Qualcomm $1.23b

Qualcomm Sales Rise 37%; Snapdragon Chips Push Mobile Business Beyond $6 Billion Mark

Qualcomm posted $10.93 billion in revenue for its third quarter as its handset business grew 59 per cent to $6.15 billion.

Jul 28, 2022

By IANS

Microsoft Shares Soar Despite Reporting Slow Revenue Growth; Says Ukraine War Hurt Earnings

CEO Nadella said in the earnings conference call that Microsoft has landed lucrative Azure deals.

Jul 27, 2022

By Jacob J

Twitter shares drop after fall in user numbers

Twitter Share Price Will Nosedive to $23.5 if Elon Musk Deal Falls Through - Analyst

Musk had offered $54.20 price for each Twitter share two-and-a-half months ago but the share price is $32.65 now.

Jul 12, 2022

By Jacob J

Elon musk

Was Musk's Twitter Offer a Cover for Selling Tesla Shares at Excellent Price? Speculations

According to Fortune, there are some experts who believe that Musk used the Twitter deal to sell a massive chunk of stock he owns in Tesla.

Jul 10, 2022

By Jacob J

Elon musk

Twitter Has Strong Case Against Musk, But Could Re-negotiate Offer Price to Save the Deal

Twitter has denied the charges made by Musk from the beginning and it stands by its metrics.

Jul 9, 2022

By Jacob J

Chinese Nationals Flee India as Probe Into $1.3 Billion Money Laundering at Chinese Tech Firms Progresses

Vivo, which makes several popular handset models that are widely sold in India, said it is cooperating with the authorities.

Jul 7, 2022

By Jacob J

Zuckerberg Flags Financial Squeeze, Job Cuts at Meta's Facebook, Instagram

The tightening at Meta comes in the backdrop of the massive drop in its advertising revenues in recent times.

Jul 4, 2022

By Jacob J

Mark zuckerberg Facebook

Tesla to Cut 10,000 Jobs; Elon Musk Tells Staff He's Pausing Hiring Worldwide

Despite supply chain challenges and factory shutdown in China, Tesla earned $3.3 billion profit in the first quarter this year, registering $18.7 billion in revenue.

Jun 4, 2022

By IANS

Elon musk

Why is Sheryl Sandberg Quitting Meta? Internal Probe at Facebook, Change in Relationship with Zuckerberg Cited

Sandberg has said she is leaving Meta to embark on the next chapter in her life, adding that she will remain on the board of the company.

Jun 2, 2022

By Jacob J

Mark zuckerberg

Elon Musk Says Bill Gates' Short Position on Tesla is a Nearly $2 Billion Drag Now

In a series of tweets Musk said Gates's original short position on Tesla stock was $500 million and Gates has suffered massive setback.

May 28, 2022

By Jacob J

Elon musk

Taiwan Raids Ten Chinese Semiconductor Firms as Three-Way Chip War Worsens

The extensive raids happened this week in capital Taipei and the country's semiconductor hub, Hsinchu.

May 27, 2022

By Jacob J

US Losing High-Stakes Chip War; Commerce Secretary Says Semiconductor Giants Set to Move Overseas

Secretary Gina Raimondo says that countries like Singapore, Germany and Spain are trying to lure US semiconductor giants.

May 26, 2022

By Jacob J

Musk Loses $39 Billion in Wealth Since Launching Twitter Bid as Tesla Investors Worry About Distractions

Shares in Tesla are down more than 20 percent in the last 30 days and closed at $769 on Friday.

May 14, 2022

By Jacob J

Elon musk

Elon Musk Serves Up Another Bitter Pill for Twitter's Left Bias; Says Would Overturn Trump Ban

The tech billionaire continues taking on liberal footsoldiers, neo-left activists and Democratic cheerleaders at Twitter.

May 11, 2022

By Jacob J

Elon musk

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5 Bangladeshis charged for financing terror attacks to appear in court

India's Myopic Trust in Bangladesh Needs a Critical Relook

By IBTimes SG Desk

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Technology News: Updated News on IT, Mobile, Computer and Auto

Apple Reports Record Revenue of $83 Billion, Net Profit, Earnings Dip in June Quarter

Qualcomm Sales Rise 37%; Snapdragon Chips Push Mobile Business Beyond $6 Billion Mark

Microsoft Shares Soar Despite Reporting Slow Revenue Growth; Says Ukraine War Hurt Earnings

Twitter Share Price Will Nosedive to $23.5 if Elon Musk Deal Falls Through - Analyst

Was Musk's Twitter Offer a Cover for Selling Tesla Shares at Excellent Price? Speculations

Twitter Has Strong Case Against Musk, But Could Re-negotiate Offer Price to Save the Deal

Chinese Nationals Flee India as Probe Into $1.3 Billion Money Laundering at Chinese Tech Firms Progresses

Zuckerberg Flags Financial Squeeze, Job Cuts at Meta's Facebook, Instagram

Tesla to Cut 10,000 Jobs; Elon Musk Tells Staff He's Pausing Hiring Worldwide

Why is Sheryl Sandberg Quitting Meta? Internal Probe at Facebook, Change in Relationship with Zuckerberg Cited

Elon Musk Says Bill Gates' Short Position on Tesla is a Nearly $2 Billion Drag Now

Taiwan Raids Ten Chinese Semiconductor Firms as Three-Way Chip War Worsens

US Losing High-Stakes Chip War; Commerce Secretary Says Semiconductor Giants Set to Move Overseas

Musk Loses $39 Billion in Wealth Since Launching Twitter Bid as Tesla Investors Worry About Distractions

Elon Musk Serves Up Another Bitter Pill for Twitter's Left Bias; Says Would Overturn Trump Ban

India's Myopic Trust in Bangladesh Needs a Critical Relook

India's Myopic Trust in Bangladesh Needs a Critical Relook

An Unholy Convergence: How Power Politics Trumped Islamic Solidarity in the Middle East

An Unholy Convergence: How Power Politics Trumped Islamic Solidarity in the Middle East

Poverty Porn: West's Selective Obsession and India's Economic Realities

Poverty Porn: West's Selective Obsession and India's Economic Realities