Apple pulls into focus amid tech sink with fourth quarter results and new Mac and iPad event October 28, 2018 The world's most valuable listed company will be the centre of attention this week, as Apple gears up to launch several new additions to its Mac and iPad lines as well as publish its fourth quarter earnings. Apple is expected to report revenue in the middle of its predicted range at $61.6bn (£48bn) in its results [...]
Facebook revenue growth to be hit by data breach record October 28, 2018 Facebook is expected to report a continued growth slowdown for revenue and profits in its third quarter earnings on Tuesday, as a string of major data breaches weigh heavily on the firm. Facebook finance chief Dave Wehner predicted the deceleration at its last earnings call in July, with consensus estimates as collated by S&P Global [...]
Spotify heads to the Street for third quarter earnings after stock slump October 28, 2018 Music streaming service Spotify is expected to report a slight rise in revenues when it publishes its third quarterly earnings on Thursday, after having dropped below its initial listing price amid a wider stock slump in the sector. Consensus estimates collated by S&P Global Market Intelligence have anticipated revenue of €1.34bn (£1.2bn) for the three [...]
Microsoft says it will sell artificial intelligence and other technology to US military October 27, 2018 Microsoft has announced plans to sell artificial intelligence to the US military, along with any other technology they need "to build a strong defence". It comes just months after Google told the Pentagon it would not sell technology products that could be used for weapons. The debate about AI use in the military comes as [...]
Barclaycard will trial new ‘Transplater’ app to help restaurant-goers understand what they are eating October 27, 2018 Barclaycard has created a new app to help restaurant-goers make light of unfamiliar dishes and ingredients on the menu after nine in ten Brits admitted they aren't always familiar with what they are ordering. Research undertaken by the bank revealed that as many as 42 per cent of people admitted to being unlikely to return [...]
Sony Xperia XZ3 review: The new flagship’s 6-inch QHD OLED display is spectacular to behold October 26, 2018 Think of Sony and you think of three things. The iconic “bwoarrrr” sound that PlayStations used to make when you switched them on, that weird little robot dog that would die if you didn’t feed it a constant supply of batteries, and the best televisions in the world. That it’s taken Sony this long to [...]
Cyber war: Be militant and soldier on October 26, 2018 Last week, the National Cyber Security Centre’s annual review laid bare the UK’s current threat landscape for all to see. But the idea that the government is repelling cyber attacks on a daily basis is not news to me. We know the scale of the threat. The UK has a very clear modus operandi, and [...]
Snap reports user losses despite topping revenue expectations October 25, 2018 Snapchat parent firm Snap has reported its second consecutive decline in daily active users for its third quarter. Snap finance chief Tim Stone added user numbers will continue to fall again next quarter, causing its share price to drop more than eight per cent in after-hours trading. However the loss-making social media firm topped expectations for average revenue [...]
Google parent Alphabet ducks revenue estimates amid sexual harassment furore October 25, 2018 Alphabet edged below consensus estimates on revenue in its third quarter results tonight, despite profits rising higher than analysts anticipated. The Google parent firm’s share price fell more than four per cent in after-hours trading, as revenues hit $33.74bn (£26.3bn) in the third quarter compared with estimates of $34.02bn as collated by S&P Global Market Intelligence. [...]
Amazon misses sales estimates despite skyrocketing profits October 25, 2018 E-commerce giant Amazon missed consensus sales estimates as it reported its third quarterly earnings tonight, taking its share price down more than six per cent in after-hours trading. Net sales for the quarter rose 29 per cent year-on-year from $43.7bn to $56.6bn (£49.8bn), narrowly missing estimates of $57bn as collated by S&P Global Market Intelligence [...]
