Wednesday, November 27, 2024

Sandra Nath, Senior Contributor

666 POSTS

Zoom shares fall after results as Wall Street turns cautious on growth

The third-quarter revenue growth rate of Zoom Video Communications Inc (ZM.O) dropped to 35 percent as demand for its video-conferencing equipment fell from pandemic-fueled...

Sweden’s Ericsson snaps up cloud firm Vonage in $6.2 bln deal

Ericsson (ERICb.ST) agreed to buy cloud communications business Vonage (VG.O) in an all-cash deal worth $6.2 billion on Monday, as the telecom gear maker...

El Salvador plans first ‘Bitcoin City’, backed by bitcoin bonds

El Salvador aims to establish the world's first "Bitcoin City," first funded by bitcoin-backed bonds, President Nayib Bukele announced on Saturday, doubling down on...

Playtech investor Gopher pulls out of potential takeover battle

On Friday, Gopher Investments, the company's No. 2 stakeholder, pulled away from a prospective three-way takeover battle for Playtech (PTEC.L), saying it was committed...

Rivian’s electric van for Amazon raises battery power doubts

The Information reported on Friday that Rivian Automotive Inc's (RIVN.O) electric vans for e-commerce retailer Amazon.com Inc (AMZN.O) may have a shorter range than...

Tesla app coming back online after server outage, Musk says

Elon Musk, CEO of Tesla Inc (TSLA.O), announced on Friday that the company's mobile app was returning to service after a server outage earlier...

MediaTek eyes premium Android phone market with new 5G chip

On Thursday, chipmaker MediaTek Inc (2454. TW) unveiled a new 5G smartphone chip that it believes would be used in high-end Android phones, a...

U.S. state attorneys general probe Instagram’s effect on kids

On Thursday, a bipartisan group of state attorneys general said that they had launched an investigation into Facebook, now known as Meta Platforms (FB.O),...

Dyson delivers virtual reality in new twist to home shopping

Customers will be able to test Dyson hairdryers, straighteners, and stylers from the comfort of their own homes using virtual reality. Dyson is widely...

Ex-Japan PM Abe calls for Tokyo’s cooperation with AUKUS in AI, cyber

Former Japanese Prime Minister Shinzo Abe, who remains prominent in the governing party, stated on Friday that Japan should work on artificial intelligence and...

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