Coronavirus clouds Intel outlook, despite short-term bump from PC buying
Intel Corp on Thursday forecast second-quarter earnings below Wall Street views as it cited the cost of readying a new PC chip and said it...
Intel sees lower quarterly profit on weaker global chip demand
Intel Corp forecast current-quarter profit below analysts’ estimates on Thursday as the semiconductor industry deals with slack demand due to massive shutdowns from the coronavirus...
Intel forecasts second-quarter quarter revenue above estimates
Intel Corp forecast current-quarter revenue above analysts’ estimates on Thursday, as lockdown orders globally fueled demand for its data center chips that power internet-based services....
Facebook gets rid of ‘pseudoscience’ ad-targeting category
Facebook Inc has removed “pseudoscience” as an option for advertisers who want to target audiences, a category available until this week even as the world’s...
Zoom users top 300 mln despite growing ban list, shares hit record
Zoom video conferencing app’s user base grew by another 50% to 300 million in the last three weeks, as the company fought to quell a...
How can 5G improve healthcare?
The arrival of 5G has the potential to transform telemedicine, robotic surgery, and remote patient monitoring tools. Here’s how....
Dish announces deal with software maker Mavenir for its 5G network
Dish Network Corp, which vowed to build a 5G network by 2023 to take on the big three U.S. telecommunications giants, said on Thursday it...
Payments fintech AvidXchange raises $128 million to add to funding
Business payments processing firm AvidXchange Inc, whose investors include Mastercard Inc and PayPal Holdings Inc co-founder Peter Thiel, said on Thursday it had added an...
Bezos, Musk among billionaires gaining net worth in pandemic: report
The combined wealth of America’s billionaires, including Amazon.com Inc founder Jeff Bezos and Tesla Inc chief Elon Musk, increased nearly 10% during the ongoing COVID-19...
Expedia to boost liquidity with $3.2 billion capital raise, names new CEO
Expedia Group Inc said on Thursday it was raising $3.2 billion in fresh capital to boost its liquidity, in an effort to ride out a...
