Apple, Huawei boost market share, as first-quarter China smartphone shipments fall: Canalys
Apple Inc and Huawei Technologies [HWT.UL] each captured a higher share of China’s smartphone market in the first quarter, according to data from research firm...
Amazon sees possible second-quarter loss as it forecasts $4 billion in COVID-19-related costs
Amazon.com Inc on Thursday said it could post its first quarterly loss in five years because it is spending at least $4 billion in response...
Apple sales inch higher despite coronavirus but CEO Tim Cook sees uncertain future
Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were “headed in the...
Amazon sees $4 billion in COVID-19-related costs, may not make second-quarter profit
Amazon.com Inc on Thursday said it could post its first quarterly loss in five years because it is spending at least $4 billion in response...
Apple reports higher sales as China reopens after coronavirus but gives no forecast
Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were “headed in the...
Amazon’s second-quarter forecast weighed down by $4 billion in COVID-19 related costs, shares fall
Amazon.com Inc on Thursday warned that it could post a loss in the second quarter as it tacked on about $4 billion in costs related...
Elliott further trims stake in Telecom Italia
U.S. hedge fund Elliott Management has further cut its stake in Italy’s biggest phone group Telecom Italia (TIM), a regulatory filing showed, amid an ongoing...
Amazon forecasts second-quarter operating income below estimates
Amazon.com Inc on Thursday forecast second-quarter profit below estimates, as the e-commerce company spent more on hiring workers and their pay due to a surge...
Factbox: Elon Musk protest tweets against coronavirus lockdowns
Tesla Inc Chief Executive Officer Elon Musk, who has a history of being outspoken on Twitter, lashed out on the social media platform over the...
Zoom says it has 300 million daily meeting participants, not users
Video conferencing provider Zoom said on Thursday it had mistakenly published a blog last week that put its daily users at 300 million people when...
