Business&Market
Microsoft's Q1 2024 Earnings Soar, Surpassing Expectations
Andruw Harris
Oct 25, 2023
Microsoft experienced a substantial surge in its net profit for the first quarter of fiscal year 2024, marking a remarkable 27% increase during an after-hours trading rally on Tuesday.
Russia and China Forge Economic Pacts Amid Western Criticism
Alan Dastin
May 24, 2023
Despite opposition from the West as the crisis in Ukraine carried on, the Russian prime minister signed a number of deals with China on Wednesday while visiting Beijing, describing bilateral relations as at an all-time high.
Microsoft Ordered to Pay $242 Million in Patent Infringement Case
Alan Dastin
May 11, 2024
Microsoft has been ordered to pay $242 million to IPA Technologies following a federal jury ruling that its Cortana virtual-assistant software infringed on an IPA patent.
Microsoft Surges to Record-Breaking $2.6 Trillion Valuation
Alan Dastin
Jun 16, 2023
Microsoft Corp's (MSFT.O) stock prices hit a new zenith this Thursday, bolstered by investors' positive sentiment regarding the future of artificial intelligence (AI). This surge in optimism has elevated the tech titan to a record-shattering market capitalization of $2.59 trillion.
Honor Regains Pole Position in China's Smartphone Market Amid Stiff Competition from Vivo and Oppo
Jone White
Oct 27, 2023
China's smartphone market is witnessing a dramatic shift as Honor seizes the top spot, closely pursued by Vivo and Oppo, according to the latest Q3 market performance reports released by industry experts Counterpoint, Canalys, and IDC. However, the reports reveal a challenging landscape, with a 3% decline in the market for the second consecutive quarter.
Foxconn Forecasts Revenue Surge: April Sales Reach Record Highs
Jone White
May 05, 2024
Taiwan's Foxconn, the foremost player in contract electronics manufacturing and Apple's primary iPhone assembler, reiterated on Sunday its anticipation of heightened revenue in the upcoming second quarter and unveiled record-breaking sales for April.
Spotify Expands Google Cloud Partnership to Utilize Large Language Models for Personalized Recommendations
Jone White
Nov 16, 2023
Spotify, on Thursday, strengthened its partnership with Google Cloud, employing large language models (LLMs) to refine the accuracy in identifying users' listening patterns across podcasts and audiobooks, with the objective of providing more personalized recommendations.
NYK Line to Acquire Fintech Startup Kadmos, Expanding Maritime Payment Solutions
Evan Bryce Keller
Jun 23, 2025
NYK Line is set to acquire fintech startup Kadmos, a move that will expand its maritime payment solutions. The acquisition aims to integrate Kadmos' platform into NYK's existing MarCoPay, extending payroll solutions to seafarers globally.
Microsoft's Q2 FY2024 Earnings Report Showcases Stellar Growth Fueled by Activision Blizzard Acquisition
Alan Dastin
Jan 31, 2024
In a remarkable financial performance for the second quarter of the 2024 fiscal year, Microsoft has once again exceeded expectations, posting revenues of $62 billion, marking an impressive 18 percent increase from the previous year.
Google to Commence Manufacturing of Pixel Smartphones in India
Joe Will
Oct 19, 2023
Alphabet has unveiled its intentions to commence the production of Pixel 8 smartphones in India, with the aim of offering them for purchase in 2024. This announcement took place as part of Alphabet's annual Google for India technology event.
Micron Technology Set to Receive Over $6 Billion in U.S. Grants for Chip Factory Projects
Jone White
Apr 18, 2024
Micron Technology is poised to receive more than $6 billion in grants from the U.S. Commerce Department to bolster domestic chip factory projects, as reported by Bloomberg News.
Nvidia Poised to Surpass Apple in Market Value Amid AI Surge
Alan Dastin
Jun 01, 2024
Nvidia, a dominant force in the semiconductor sector, is on the brink of overtaking Apple in market value, positioning itself as the world's second-most valuable company.
Nvidia Develops Export-Control Compliant AI Chips for China
Joe Will
Jul 22, 2024
Nvidia, a major player in AI chip technology, is developing a new version of its flagship AI chips tailored for the Chinese market that complies with current U.S. export regulations.
Main Street Uncertainty Hits Peak as Trade Turbulence Dents Small Business Confidence
Laura Lee
Mar 11, 2025
U.S. small-business optimism slumped for a third consecutive month in February, reversing much of the post-2016 election surge as mounting doubts over trade policies cast a shadow over economic outlooks.
