Financial Markets

Amazon Tells Investors To ‘Take A Seat’ As Spending Rises

Sitting in the sweet spot as Amazon takes advantage on demand for online goods, groceries and cloud services during Coronavirus…

4 years ago

Apple Profits Dip But Sales Rise, Amid Global Pandemic

Modest dip in quarterly profits at Apple due to closure of its retail stores in key markets during the global…

4 years ago

Coronavirus: Tesla’s Elon Musk Slams Pandemic Lockdown As ‘Fascist’

Tesla boss Elon Musk overshadows third quarterly profit at electric car maker Tesla, by calling lockdowns 'fascist' and 'not democratic'

4 years ago

Coronavirus: Google Profits Rise, But Warns Of Pain Ahead

Alphabet delivers strong set of quarterly financial results, despite advertising decline in March as global Coronavirus pandemic starts to bite

4 years ago

Coronavirus: IBM Pulls Annual Forecast As Client Priorities Change

Worldwide pandemic hits software sales, as IBM warns that its customer priorities are changing and it withdraws its annual forecast

4 years ago

Twitter’s Dorsey Survives Shareholder Revolt, Reconsiders Africa Move

Jack Dorsey survives intervention by activist shareholder group, after admitting he will reevaluate plans to move to Africa due to…

4 years ago

Twitter CEO Jack Dorsey Faces Ousting Attempt By Shareholder

Activist shareholder Elliott Management has reportedly taken a sizeable stake in Twitter and is seeking Jack Dorsey's removal

4 years ago

Facebook Cancels F8 Developer Conference Over Coronavirus

As shares on Wall Street and global market continue to tumble, Facebook cancels its annual developer conference due to coronavirus…

4 years ago

Microsoft Warns Of Coronavirus Impact

Redmond does not expect to meet its guidance for sales of Windows and Surface devices due to the coronavirus outbreak

4 years ago

FinTech Part 2: Building the FinTech Ecosystem

How are FinTech companies innovating? What's the tech that sits behind the development of their apps and support networks, and…

4 years ago

Apple Admits Coronavirus Will Impact iPhone Supplies

Coronavirus update. Apple admits it is experiencing “slower return to normal conditions” and warns of iPhone supply shortages

4 years ago

OECD Confirms Rewrite Of Global Tax Laws

Digital tax. 140 governments agree to rewrite cross border tax laws that will increase the tax paid by tech giants…

4 years ago

Facebook Shares Fall Amid Sharp Rise In Costs

Social networking giant delivers strong financial results, but investors took fright at big increase in expenses and costs

4 years ago

FinTech Part 1: A New Payments and Banking Landscape

As one of the fastest-growing sectors, FinTech is building technologies and services that will touch every consumer and business. In…

4 years ago

Apple’s Tim Cook Calls For Overhaul Of Global Tax System

Corporation tax needs global overhaul Cook says, as President Macron and President Trump declare truce in digital tax spat

4 years ago

Alphabet Hits $1 Trillion Market Valuation

Exclusive trillion dollar club. Google's parent Alphabet becomes the fourth US tech giant to reach a market value of $1…

4 years ago

Cryptocurrency Attendees Should Avoid North Korean Conference, Warns UN

Experts at the United Nations (UN) warn attendees of upcoming cryptocurrency conference in North Korea they could be cited for…

4 years ago

Google Readies Bank Accounts For US Customers

Search engine giant is planning a banking move, in a development that is sure to trigger regulatory investigations

4 years ago

IBM Profit Slumps As Tech Services Struggles

Big fall in profits at Big Blue as tech services division declines, as does IBM's systems division

5 years ago

Facebook Announces Libra Board, Amid Departures

Dead man walking? Libra announces board, despite being rocked by pull out by five major payments providers

5 years ago

Tech Giants To Pay More Taxes Under OECD Proposals

Revolution in corporate taxation under draft proposals from OECD will see US tech giants pay more tax

5 years ago

Kik Messenger Developers To Close Popular Messaging App

Used by millions around the world, Kik Messenger is closing down as developers want to concentrate Kin cryptocurrency

5 years ago

Oracle co-CEO Mark Hurd Takes Medical Leave Of Absence

Former CEO of HP is to take leave of absence for unexplained medical treatment, as Oracle financials miss expectations

5 years ago

Juniper Networks Settles Bribery Probe

Networking giant Juniper agrees to pay $11.7 million as part of bribery settlement with SEC

5 years ago

UK Data Protection Watchdog Raises Facebook Libra Concern

Facebook's proposed digital currency faces calls for more information about how user data will be protected

5 years ago

FCA Expresses Concern At Lack Of Cryptocurrencies Safeguards

Financial Conduct Authority warns bitcoins and other cryptocurrencies have no intrinsic value

5 years ago

Fed Boss Calls On Facebook To Halt Libra Digital Currency

Not so fast Mark. Chief of US Federal Reserve calls on Facebook to halt its Libra digital currency plans

5 years ago

Sainsbury’s Bank Customers Locked Out Of Accounts – Report

Banking outage sees customers locked out of their accounts on Tuesday, but services are now recovered

5 years ago

Hackers Steal $41m In Bitcoins From Binance Exchange

Major crypto-currency exchange is hacked, but wners pledge to cover the millions stolen in the cyber heist

5 years ago

Dell Returns To Public Trading With NYSE Listing

Five years after going private in a bitter battle, Michael Dell braves public trading once again

5 years ago