Facebook CEO Mark Zuckerberg is betting the company’s future on video and disappearing posts called “stories”, not the company’s famous news feed. Investors are buying into the vision for now.
Author: Agency Staff
It wasn’t a dream or an exaggeration by cautious Facebook executives. The company’s financial results are weakening, just as executives warned they would a few months ago.
Apple is giving its iPad the most extensive upgrade since 2015, the latest effort to revive a product that has suffered falling sales in recent years.
Apple has overhauled two of its oldest Macs after sales of the company’s personal computers fell to the lowest point since 2010 last quarter.
Zimbabwe expects to raise $700-million a year from a new tax on money transfers that triggered panic buying of goods from fuel to sugar and sent its quasi-currency plunging.
Investors hoping for a reprieve from the worst month for technology stocks in a decade were greeted with more selling on Monday.
Sony has upgraded its earnings outlook for a second straight quarter, thanks to a plethora of hit videogame titles that are boosting the PlayStation business.
Bharti Airtel, India’s second biggest wireless carrier, is delaying a planned initial public offering of its Africa unit due to the turmoil in emerging-market stocks, people with knowledge of the matter said.
IBM just made the cloud computing war far more interesting. It’s not an easy sell, but IBM and Red Hat certainly make a more compelling cloud computing alternative.
IBM’s purchase of Red Hat is a $33-billion bid aimed at catapulting the company into the ranks of the top cloud software competitors.