Apple forecast lower-than-expected revenue for the current quarter and reported iPhone sales from the crucial holiday period that missed analysts’ forecasts, suggesting waning demand for its most important product. The
Author: Agency Staff
Microsoft has topped analysts’ estimates for second quarter revenue, helped by brisk quarterly growth in its cloud and corporate-software businesses, while a tax charge caused the company to report a net loss. The software maker
Bitcoin is proving that cryptocurrencies can erase wealth as fast as they create it. Its January slide knocked $44.2bn off the $200bn in market value generated in all of last year, the biggest one-month loss in dollar
Soon after it began in 2011, South Africa’s renewable power programme became the world’s fastest-growing. Almost US$15bn poured into clean energy in seven years, financing everything from wind farms to solar towers. New
It’s been about a year since Rishi Gorantala deleted the Facebook app from his phone, and the company has only become more aggressive in its e-mails to win him back. The social network started out by
Intel posted record revenue in 2017, but it wasn’t enough. Samsung Electronics just knocked Intel off its perch as the world’s biggest chip maker by revenue, a spot the US company has held since 1992. On Tuesday
On Tuesday, during a routine earnings call, Harley-Davidson announced it will produce an all-electric motorcycle. The announcement accompanied news of additional job cuts and a plant closure at the
The US department of justice and the Securities and Exchange Commission are investigating whether Apple violated securities laws concerning its disclosures about a software update that slowed older iPhone models, according to
The new leaders of Eskom vowed on Tuesday to resolve governance problems as they outlined “significant” financial difficulties at the at the state-owned power utility. Lenders who had stopped taking Eskom’s calls because of
Anyone tracking the number of businesses Elon Musk is involved with can add one more to the list: merchandise. Specifically, a flamethrower. His tunneling start-up, Boring Co, started selling a branded weapon online over the weekend