Saturday , March 2 2024
Home / Tag Archives: Technology News (page 70)

Tag Archives: Technology News

Tesla Stock Jumps after Strong Earnings Report while Elon Musk Gains $2.3B in 60 Minutes

After several years of failing to meet the excessively optimistic forecasts, Tesla Inc. delivered in 2019. The company continued its profitability streak in Q4. It earned around $105 million and generated $7.4 billion in revenue. That represents 56 cents a diluted share, compared with $140 million, or 78 cents a share, in the same year-ago period. These results beat expectations and sent shares flying in after-market trading on January 29.Most of the promises that the Chief Executive Elon...

Read More »

Microsoft Stock Is Up as Company Beats Analysts’ Expectations with Revenue Growing 14%

American technology company Microsoft Corporation has managed to beat analyst projections. It has become obvious from the earnings that it reports for its second quarter for the year 2020. The company said revenue grew by 14% compared to the same quarter a year earlier, landing at $36.9 billion.Chief Executive Officer Satya Nadella stated:“We are innovating across every layer of our differentiated technology stack and leading in key secular areas that are critical to our customers’...

Read More »

Apple Plans to Ship 80 Million iPhone Units in H1 2020, Coronavirus Could Disrupt Plans

Apple Inc. is looking to sell a lot more iPhones this year than it did in 2019. According to reports, the tech giant has already placed an order for 80 million different units of the iPhone for the first half of 2020 alone.Apple to Ship More iPhone Units in 2020Citing a Nikkei story, Bloomberg reports that Apple hopes to have 80 million iPhone units by the end of June 2020. The report states that this number is already 10% higher the number the company put out last year.The report also...

Read More »

TikTok Rival from Vine Creator Called Byte Successfully Debuts on App Store and Google Play

Byte, a 6-seconds video-sharing app created by the co-founder of Vine, Dom Hofmann, has been launched on Apple‘s App Store and Google Play. Interestingly, Byte is now among the most downloaded apps in both stores despite the flaws it has. As such, the app could potentially meet its aim to rival ByteDance‘sTikTok, a video sharing platform valued at $75 billion.Byte Launches on Apple and Google StoresOn January 24, 2020, Byte was launched on Apple App Store and Google Play Store.Reportedly, the...

Read More »

Google Will Take Fee for Sharing Users’ Personal Data with Government in 2020

It is somewhat strange that the famous postal secrecy law doesn’t work online. If you use a third-party e-mail provider, anybody can gain access to your data and secrets and sell them.Google wasn’t charging the lazy investigators in the past. The legal fee that Google is taking for giving the users’ e-mails and phone talks is rising only in 2020. Specifically, the NYT reporters got their hand on the document by Google saying they need to ”offset the cost” of compiling the information for the...

Read More »

IBM Stock Rises Yesterday More Than in Last 10 Years

The New York Securities Exchange (NYSE) market shows the Wednesdays boost has resulted in a cool-down, with a visible 3% profit. IBM has its fourth-quarter sales stable from year to year, totaling $21.8 billion. However, IBM bought Red Hat on July 9, 2019. Then, promised a 60% premium bonus for the workers of Red Hat if they hurry up with developing the hybrid-cloud server software.IBM is showing a big interest in the open-source software company which is probably one of the few software...

Read More »

Amazon Files Motion to Suspend Microsoft from $10 Billion JEDI Project

In an interesting turn of events, Amazon is seeking a court injunction against Microsoft. Amazon wants the courts to prevent Microsoft from continuing with the popular Pentagon cloud project until all related cases are resolved.Amazon Looks to Stop MicrosoftIn October last year, the U.S. Department of Defense (DoD) announced that it will be awarding Microsoft with the Pentagon contract. Called the Joint Enterprise Defense Infrastructure (JEDI), the project is worth $10 billion. At the time,...

Read More »

Tesla Stock Takes Valuation over $100 Billion as Q4 Earnings Report Gets Closer

Tesla stock is doing amazing numbers in the market and breaking grounds for the auto company. Yesterday, Tesla stock surged impressively and has now crossed $100 billion in market valuation. Tesla (TSLA) climbed more than 6% to cement a new record high at $569.56.Tesla Stock Pushes ValuationAt the moment, Tesla is now the world’s second most valuable auto company. With a market cap of about $102.6 billion, it has pushed Volkswagen (VWAGY) down and is just behind Toyota Motors (TM). Toyota is...

Read More »

Telegram Founder Pavel Durov Claims Apple’s iCloud Is Officially a Surveillance Tool

Recently, Telegram founder Pavel Durov made quite a bold statement. On his Telegram channel, he argued that Apple‘s iCloud is now ‘officially a surveillance tool’. Further, Durov cited a Reuters report and stated that apps relying on it to store users’ private messages (such as WhatsApp) are part of the problem.But let us see how the whole story began.Apple’s iCloud Will Not Encrypt BackupsAbout two years ago, Apple was considering end-to-end encryption for iCloud backups. After doing that,...

Read More »

WhatsApp Talk with Saudi Crown Prince Costs Amazon CEO Jeff Bezos His Private Life

A year ago Jeff Bezos, one of three richest men on Earth (two others are Bill Gates, Bernard Arnault), had a conversation with Saudi Arabia crown prince Mohammed bin Salman. According to the mysterious sources of the Guardian newspaper, the crown prince sent a malicious file containing a virus to Jeff via WhatsApp.Billionaire’s smartphone ha no chance to resist the virus, as it was packed inside a usual video file. The tricky conversation happened on May 1, 2019.The sources claim that during...

Read More »