“Mission: Impossible – Fallout” has propelled Viacom Inc, the owner and operator of channels like MTV, Comedy Central and Nickelodeon, to profits that beat the market estimates and e3xpectations of eh Wall Street in terms of its profit and revenue, announced the company on Friday. There was an uptick of 4 per cent in the…
SAP’s CFO, Luka Mucic stated, the German business software firm will be able to scale up growth and profitability at Qualtrics. On Friday, SAP’s Chief Financial Officer, Luka Mucic stated, the German business software company expects its margins to continue to expand despite its $8 billion acquisition of U.S. online consumer sentiment tracking company Qualtrics.…
As of September 29, 2018, Intel had reported that its share buyback warchest had a balance of $4.7 billion. U.S. chipmaking giant Intel Corp has disclosed, its board has approved a $15 billion increase in its share buyback program. As of September 29, 2018, Intel had reported that it had $4.7 billion remaining under its…
The global crypto currency market again dropped this week triggered by a fall in bitcoin. Since the beginning of the year, there has been a constant drop in the crypto value across various digital currencies. The crypto currency fell to its lowest in over a year and dropped below the critical support level of $6,000.…
It is necessar4y for the US Congress to take action against Facebook Inc. and regulate the social media platform because the company cannot be trusted with self regulation, said Democratic U.S. Representative David Cicilline who is widely anticipated to adorn the post of the next chairman of House Judiciary Committee’s antitrust panel. Putting up a…
While an industry group prefers the adoption of a wifi-based technology for next-gen cars, others, including Intel, Vodafone, Ericsson, Deutsche Telekom, Qualcomm, Samsung, Daimler, Ford, PSA Group, and Huawei are pushing for an alternative 5G standard. BMW, Vodafone and Ericsson have reportedly made a last-ditch effort to persuade the European Commission to open the doors…
Bidding for the on the 28 Ghz and 24 Ghz band in the 5G spectrum has begun in the U.S.. In a significant development, the Federal Communications Commission has launched the first high-band 5G spectrum auction as it works to clear space for next-generation networks. Bidding on the 28 GHz band has begun on Wednesday.…
Tiger Global Management hedge fund led the funding round along with existing investors Coatue Management and Valiant Capital. As per a source familiar with the matter at hand, Grocery delivery startup Instacart has raised an extra $271 million in its latest funding round to $871 million with U.S. hedge fund Tiger Global Management leading the…
The funding round saw Netskope’s valuation top more than $1 billion. The cloud-security firm will utilize the funds to expand its R&D, sales and data centers. Netskope, a cloud-security firm, said it has raised $169 million in its latest fundraiser which valued it at more than $1 billion. Netskope will channelize the funds to expand…
The high priority probes comes in the wake of yet another crash of a Boeing aircraft in Indonesia. Following the crash of a Lion Air jet in Indonesia last month, the U.S. Federal Aviation Administration has launched a high-priority probe of the safety analyses performed over the years by Boeing Co. The regulator has stated,…
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