Business

DJI and Microsoft Will Bring Advanced Drone Tech to the Enterprise

DJI and Microsoft Will Bring Advanced Drone Tech to the Enterprise

14 May 2018 comment

DJI and Microsoft have announced a strategic partnership to bring advanced AI and machine learning capabilities to DJI drones, helping businesses harness the power of commercial drone technology and edge cloud computing.

Intel Capital Announces $72 Million of New Investments in 12 Tech Startups

Intel Capital Announces $72 Million of New Investments in 12 Tech Startups

13 May 2018 comment

Intel Capital announced new investments totaling $72 million in 12 technology startups. With this new funding, their total investments have reached more than $115 million.

Dropbox Sales and Profit Top Estimates in First Post-IPO Report

Dropbox Sales and Profit Top Estimates in First Post-IPO Report

13 May 2018 comment

Dropbox’s sales and profit topped estimates in its first quarter as a public company, lifted by growing corporate demand for paid versions of its cloud-based file-sharing software, according to Bloomberg.

Microsoft and Amazon Show Alexa and Cortana Cozying Up Together

Microsoft and Amazon Show Alexa and Cortana Cozying Up Together

13 May 2018 comment

Microsoft and Amazon may be competing with each other in the cloud-computing market, but in the realm of voice-controlled personal assistants, Cortana and Alexa are forging a friendship, according to Bloomberg.

BT Plunges on Weak Outlook

BT Plunges on Weak Outlook

12 May 2018 comment

BT Group pledged to cut 13,000 jobs as part of a cost purge that failed to impress investors, who focused instead on the bleak sales outlook and lack of free cash flow growth, according to Bloomberg.

Amazon Is Said to Halt Google Shopping Ads as Rivalry Heats Up

Amazon Is Said to Halt Google Shopping Ads as Rivalry Heats Up

12 May 2018 comment

Amazon has stopped buying a popular type of Google ad, according to Bloomberg, citing people familiar with the decision.

Qualcomm Unveils New $10 Billion Stock Repurchase Program

Qualcomm Unveils New $10 Billion Stock Repurchase Program

12 May 2018 comment

Qualcomm unveiled a new plan to buy back $10 billion in stock, replacing an earlier repurchase program that was almost exhausted, according to Bloomberg.

SoftBank Tops Estimates as Sprint Finally Delivers Income

SoftBank Tops Estimates as Sprint Finally Delivers Income

11 May 2018 comment

SoftBank’s fourth-quarter profit topped analysts’ projections, thanks to Sprint’s first annual net income in more than a decade, according to Bloomberg.

ZTE Tries to Calm Workers as Business Grinds to a Halt

ZTE Tries to Calm Workers as Business Grinds to a Halt

11 May 2018 comment

ZTE regards the next two weeks as crucial to resolving a U.S. blockade that’s brought its main businesses to a standstill and choked off revenue, signaling the potential collapse, according to Bloomberg.

Nvidia Exceeded High Expectations in the First Quarter

Nvidia Exceeded High Expectations in the First Quarter

11 May 2018 comment

Nvidia exceeded already-high expectations going into its quarterly earnings report, predicting more robust demand in the second quarter for its graphics processors that support AI and gaming, according to Bloomberg.

Oracle Rolling Out Blockchain Products as Soon as This Month

Oracle Rolling Out Blockchain Products as Soon as This Month

10 May 2018 comment

Oracle will unveil its blockchain software starting this month, joining the growing list of companies offering products that use the digital-ledger technology, according to Bloomberg.

IBM and Red Hat Join Forces to Accelerate Hybrid Cloud Adoption

IBM and Red Hat Join Forces to Accelerate Hybrid Cloud Adoption

10 May 2018 comment

IBM and Red Hat announced a major expansion to their long-standing relationship, which will enable their customers to benefit from the combined power of both companies’ technologies in private and public clouds.

Samsung Introduces 970 PRO and EVO SSD Drives

Samsung Introduces 970 PRO and EVO SSD Drives

9 May 2018 comment

Samsung introduced 970 PRO and EVO, the third generation of its consumer SSD lineup.

Xiaomi Poised to Become a Billionaire Factory With Hong Kong IPO

Xiaomi Poised to Become a Billionaire Factory With Hong Kong IPO

9 May 2018 comment

Xiaomi last week filed for a debut in Hong Kong that will value the company at $50 billion to $100 billion, according to Bloomberg.

Google Stresses Responsibility of Tech Power With New Products

Google Stresses Responsibility of Tech Power With New Products

9 May 2018 comment

Google used the start of its annual I/O conference to highlight its responsibility over the impact of technology on society, unveiling new products that advance health care, limit digital device usage and promote trustworthy news sources, according to Bloomberg.

Qualcomm Is Said to Plan Exit From Server Chips

Qualcomm Is Said to Plan Exit From Server Chips

8 May 2018 comment

Qualcomm is preparing to give up its push to develop processors for data-center servers, according to Bloomberg, citing a person familiar with the plans.

Microsoft Bets on Faster Chips and AI Services to Win Cloud Wars

Microsoft Bets on Faster Chips and AI Services to Win Cloud Wars

8 May 2018 comment

Microsoft will let customers use a chip system it built to process AI queries cheaper and faster, called Project Brainwave, according to Bloomberg.

GoPro Sales Top Estimates on New Camera Models

GoPro Sales Top Estimates on New Camera Models

8 May 2018 comment

GoPro posted sales that exceeded analyst estimates, suggesting the struggling hardware company is still attracting consumers despite growing competition from cheaper alternatives, according to Bloomberg.

Alibaba's Outlook Tops Estimates as Spending Drives Growth

Alibaba's Outlook Tops Estimates as Spending Drives Growth

7 May 2018 comment

Alibaba predicted a surprise acceleration of sales as the Chinese e-commerce giant unleashes spending to sustain growth in cloud computing, logistics and supermarkets, according to Bloomberg.

Twitter Advises Users to Change Passwords After Bug Found

Twitter Advises Users to Change Passwords After Bug Found

7 May 2018 comment

Twitter advised users to change their passwords after the company found a bug in its systems that exposed passwords in plain text internally, according to Bloomberg.

Third Edition of CE China Held in Shenzhen

Third Edition of CE China Held in Shenzhen

7 May 2018 comment

The third edition of CE China, a global IFA event, successfully closed on Sunday after three days of providing a convention for growing business opportunities by building new pan-Asian connections and gaining deep market insights.

To Fight Fortnite, Activision Is Retooling How Its Games Work

To Fight Fortnite, Activision Is Retooling How Its Games Work

7 May 2018 comment

Activision Blizzard, battered by the runaway success of a rival video game, is looking to mimic the popularity of Epic Games’s Fortnite, according to Bloomberg.

Microsoft Awards $3.5 million to Most Innovative Startups in AI

Microsoft Awards $3.5 million to Most Innovative Startups in AI

6 May 2018 comment

M12, Microsoft’s venture fund, announced the four winners of its global startup competition, Innovate.AI: Envisagenics, Hazy, ZenCity and Voiceitt.

Steve Ballmer Says He Has Sold All of His Stake in Twitter

Steve Ballmer Says He Has Sold All of His Stake in Twitter

6 May 2018 comment

Former Microsoft CEO Steve Ballmer said he sold his entire stake in Twitter because he no longer wants to focus on being an investor and the price was attractive, according to Bloomberg.

Facebook Is Said to Weigh Advertising-Free Subscription Option

Facebook Is Said to Weigh Advertising-Free Subscription Option

5 May 2018 comment

Facebook has been conducting market research in recent weeks to determine whether an ad-free version paid by subscriptions would spur more people to join the social network, according to Bloomberg, citing people familiar with the matter.

Hang Seng Index Replaces Lenovo With CSPC Pharma

Hang Seng Index Replaces Lenovo With CSPC Pharma

5 May 2018 comment

The outlook for Lenovo shareholders is looking grimmer after the stock was dropped from Hong Kong’s benchmark stock gauge, according to Bloomberg.

Spotify Sinks After Subscriber Growth Disappoints Investors

Spotify Sinks After Subscriber Growth Disappoints Investors

4 May 2018 comment

Spotify posted a 45 percent jump in subscriptions during its first quarter as a public company but that wasn’t enough to please its increasingly bullish investors, according to Bloomberg.

Pentagon Bans Chinese-Made Smartphones From Military Exchanges

Pentagon Bans Chinese-Made Smartphones From Military Exchanges

4 May 2018 comment

U.S. military exchanges have stopped selling smartphones made by two Chinese firms after the Pentagon warned the devices pose a security risk to military personnel and operations, according to Bloomberg.

Xiaomi Shows Off Scorching Growth Ahead of $10 Billion IPO

Xiaomi Shows Off Scorching Growth Ahead of $10 Billion IPO

4 May 2018 comment

Xiaomi, going for wow-factor ahead of what could be the largest initial public offering since 2014, has revealed a blistering pace of growth, according to Bloomberg.

IBM Board Approves Increase in Dividend for the 23rd Consecutive Year

IBM Board Approves Increase in Dividend for the 23rd Consecutive Year

4 May 2018 comment

The IBM Board of Directors declared a regular quarterly cash dividend of $1.57 per common share.