Google wants to get back into China, and is laying the groundwork for a key part of the initiative: bringing its cloud business to the world’s second largest economy.
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Huawei Technologies, which just edged past Apple to become the world’s second largest smartphone maker, wants to be top of the heap before the end of 2019.
GoPro has posted results that exceeded analysts’ estimates, buoyed by strong demand for the company’s signature action camera and suggesting it’s finding a way back to growth and profits.
A huge wrong-way bet on bitcoin has left an unidentified futures trader unable to cover their losses, putting counterparties at risk and threatening to dent confidence in one of the world’s largest cryptocurrency venues.
Apple became the first US-based company with a market value of $1-trillion, four decades after the late Steve Jobs co-founded the firm in his parents’ garage in Silicon Valley.
Apple may not have surpassed US$1-trillion in market value in the wake of this week’s solid results, but it remains the world’s biggest company – for now.
Huawei has pulled ahead of Apple to claim the number-two position in global smartphone shipments in the second quarter just behind Samsung Electronics, solidifying the rise of Chinese competitors.
Google is preparing to launch a censored version of its search engine for China that will block results Beijing considers sensitive, The Intercept reported.
Apple shares jumped 4% in extended trading after the company projected sales suggesting consumers are continuing to snap up the company’s high-end iPhones even as updated models are on the horizon.
Sony’s quarterly profit topped analyst expectations thanks to strong sales of PlayStation games and growth in its music business, which also benefited from a one-time gain on share sales of Spotify Technology.