Apple’s biggest suppliers – from Taiwan Semiconductor Manufacturing to Hon Hai Precision Industry – climbed on Monday after delivery times for the iPhone X stretched to as much as six weeks in the US
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Microsoft’s push into the cloud forged ahead last quarter, with demand for online versions of Office productivity software and the Azure Web services business bolstering sales and earnings. Profit in the period that
The fortune of Amazon.com founder Jeff Bezos surged by as much as $6.6bn in extended trading on Thursday after the retailer reported third quarter results that topped Wall Street estimates. If the gains hold through Friday, Bezos probably
The wait for a recovery in the wireless network equipment business just got longer with Nokia’s dire third quarter results. The Finnish manufacturer predicted a prolonged slump for the industry, sending its shares
Banks around the world have spent the past few years preparing for competition from small, nimble technology start-ups. It turns out the real threat may be Jeff Bezos. Financial institutions have parried the threat from fintech firms by
One of Sony’s most promising bets on the future is hiding in plain sight. Inside the electronics maker’s Atsugi Technology Centre, a research campus located an hour outside Tokyo, engineers and researchers are developing sensors that
Advanced Micro Devices’ new products, aimed at trying to claw back orders lost to Intel in the market for chips that run PCs, are giving sales a boost – just not one big enough to help profitability and satisfy investors after the stock increased
Jeff Garzik, one of a handful of key developers who helped build the underlying software for bitcoin that is known as blockchain, has seen its shortcomings firsthand. So he decided to create a better digital currency. He’s calling it metronome and
Cisco has agreed to buy BroadSoft for about US$1.9bn to expand further into software and cloud services. The $55/share cash offer announced Monday is a 28% premium over BroadSoft’s closing price on 29 August, a day before
China’s Meituan Dianping just became the world’s fourth most valuable start-up, reaching a US$30bn valuation that puts it ahead of high-fliers like Airbnb and Space X. Never heard of Meituan? You’re not alone. The Beijing-based