VMware reports 58.6 percent jump in quarterly profit
VMware Inc’s second-quarter profit rose 58.6 percent on Thursday, helped by strong demand for its cloud-based software services. …read more Source: Reuters Tech News
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HP Inc quarterly profit jumps 26 percent
HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported a 26.4 percent rise in quarterly profit …read more Source: Reuters Tech News
Google removes several blogs, YouTube accounts linked to Iran
Alphabet Inc’s Google said on Thursday it had identified and terminated 39 YouTube channels linked to state-run Islamic Republic …read more Source: Reuters Tech News
Fidelity fund votes backed Tesla, potential sign of more support
Funds run by Fidelity Investments sided with Tesla Inc management on director votes and other controversial items this spring, …read more Source: Reuters Tech News
Alibaba revenue beats, but investments prolong margin squeeze
Alibaba Group Holding Ltd , China’s biggest e-commerce firm, topped first-quarter revenue estimates on Thursday, but said investments in its …read more Source: Reuters Tech News
Australia bans China’s Huawei from 5G mobile network, angers Beijing
Australia has banned Chinese telecoms firm Huawei Technologies Co Ltd [HWT.UL] from supplying equipment for a 5G mobile network, citing …read more Source: Reuters Tech News
China says Australia has made ‘wrong decision’ after Huawei ban
China’s commerce ministry said on Thursday Australia had made a “wrong decision” which would have a “negative impact”, after the …read more Source: Reuters Tech News
Cryptocurrency exchange Bittrex teams with registered trading venue Rialto
U.S.-based cryptocurrency exchange Bittrex is partnering with registered broker-dealer Rialto Trading to offer a trading venue for blockchain-based digital assets, …read more Source: Reuters Tech News
Alibaba revenue beats on strength in e-commerce, cloud businesses
Alibaba Group Holding Ltd , the world’s biggest online retailer, topped first-quarter revenue estimates on Thursday, driven by growth in …read more Source: Reuters Tech News
UK opposition Labour proposes tax on tech giants in media shake-up
A Labour government would aim to shake up Britain’s media by levying a tax on big tech firms like Google …read more Source: Reuters Tech News