Samsung slashes capex, calls end to chip boom after record third quarter
Samsung Electronics Co Ltd slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until …read more Source: Reuters Tech News
Uncategorized
Baidu’s fourth-quarter sales forecast misses estimates as regulation, trade fears bite
Chinese search engine operator Baidu Inc on Wednesday forecast lower-than-expected sales for the rest of the year, citing looming economic …read more Source: Reuters Tech News
China’s Baidu forecasts sales drop as regulation, trade fears bite
Chinese search engine operator Baidu Inc on Wednesday forecast lower-than-expected sales for the rest of the year, citing looming economic …read more Source: Reuters Tech News
Samsung slashes capex, calls an end to chip boom after record third quarter
Samsung Electronics Co Ltd slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until …read more Source: Reuters Tech News
Samsung Electronics posts record third-quarter profit but warns of weaker earnings ahead
Samsung Electronics Co Ltd forecast weaker earnings on Wednesday as it posted record operating profit in the third quarter, …read more Source: Reuters Tech News
Facebook expects rising costs to combat scandals to moderate after 2019
Facebook Inc on Tuesday relieved investors by forecasting that margins would stop shrinking after 2019 as costs from scandals …read more Source: Reuters Tech News
British app bank Monzo hits unicorn status after latest fund raising
British app-only bank Monzo said on Wednesday that its backers now value the lender at 1 billion pounds ($1.3 billion), …read more Source: Reuters Tech News
EBay beats quarterly profit on cost cut efforts, shares rise
EBay Inc beat analysts’ estimates for third-quarter profit by managing costs at a time when bigger rival Amazon.com Inc …read more Source: Reuters Tech News
China’s Baidu tops revenue estimates with strong app traffic
Traffic growth on Baidu Inc’s mobile app helped drive higher-than-expected third quarter revenue as China’s biggest search engine operator places …read more Source: Reuters Tech News
T-Mobile exceeds expectations for phone subscribers, profit
T-Mobile US Inc on Tuesday exceeded Wall Street’s quarterly estimates for net new phone subscribers and profit, driven by …read more Source: Reuters Tech News