Tuesday, November 26, 2024

Sandra Nath, Senior Contributor

666 POSTS

IBM’s revenue misses expectations due to deterioration in its legacy infrastructure division.

IBM (IBM.N) missed quarterly revenue projections on Wednesday due to a drop in orders in its managed infrastructure business ahead of a spinoff next...

On the basis of 5G, Verizon adds more postpaid subscribers than planned.

Verizon Communications Inc (VZ.N) announced on Wednesday that it attracted more postpaid phone subscribers in the third quarter than projected, owing to increasing demand...

Micron considering new U.S. memory chip factory as it gears up spending

Micron Technology Inc (MU.O) said on Wednesday that it is exploring constructing a new memory plant in the United States, but that it will...

Britain fines Facebook $70 million for breaking a Giphy contract ruling.

The UK's competition regulator penalized Facebook (FB.O) 50.5 million pounds ($69.6 million) for breaking an order issued during its inquiry into the social media...

Riding the cryptocurrency rollercoaster: Bitcoin approaches a new peak

Bitcoin is on the verge of hitting an all-time high, thanks to the debut of the first U.S. bitcoin futures exchange-traded fund, which investors...

China’s regulators should take additional steps to provide apps access to rivals’ links.

According to a state-run tabloid published on Tuesday, Chinese internet platforms have not gone far enough in unblocking external links as instructed by authorities,...

Samsung SDI and Stellantis have reached an agreement to collaborate on electric vehicle batteries.

A person familiar with the situation said on Tuesday that South Korean battery giant Samsung SDI Co Ltd (006400. KS) and global automaker Stellantis...

Xiaomi’s CEO claims that the company will mass produce its own cars in H1 2024.

According to a company spokeswoman, Xiaomi Corp (1810. HK) Chief Executive Lei Jun stated that the Chinese smartphone firm will mass-produce its own cars...

Alibaba has unveiled a special ARM-based server CPU for data centers that use cloud computing.

Alibaba Group Holding Ltd (9988. HK), a Chinese digital giant, announced on Tuesday that it has built a processor that would be used to...

Sinclair, a television station in the United States, has been the target of a ransomware attack.

Sinclair Broadcast Group (SBGI.O), a U.S. television station operator, said on Monday that ransomware had encrypted some of its computers and workstations, interrupting office...

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