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
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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
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
Google has closed its US$1.1bn deal with HTC, adding more than 2 000 smartphone specialists in Taiwan to help the search giant chase Apple in the cut-throat premium handset market. The deal will help Google wade deeper into
SAP has agreed to buy Callidus Software for about US$2.4bn to bolster a cloud-based business that grew strongly in the fourth quarter. SAP said it generated sales of €6.8bn in the period, in line with analysts’ expectations, on
It’s to be expected that Elon Musk and his colleagues will want to toast the first launch of SpaceX’s new rocket, the Falcon Heavy, after more than five years of delays. But excitement for the long-awaited launch
The US$500m heist of digital tokens from Japanese exchange Coincheck on Friday is remarkable for its sheer size, but thefts in the lightly regulated world of cryptocurrencies are woefully frequent. In less than a
At 2.57am on Friday morning in Tokyo, someone hacked into the digital wallet of Japanese cryptocurrency exchange Coincheck and pulled off one of the biggest heists in history. Three days later, the theft of nearly $500m